Ann: Preliminary Final Report, page-48

Looking at the future of the ASX Cannabis companies

I posted an earlier version of this chart on all the HC sites today for those companies that are related either wholly or partly to the Cannabis industry. I think the data, even though only a snapshot of the EOFY data for Cannabis companies, is a very sobering picture, indeed! This version includes an approximate average yearly cash burn for each company since listing. This column of data is an approximate only.

How many more of the ASX Cannabis Juniors will be gone within the next 6 to 12 months, if they can't raise funds or lock in solid deals?

A SNAPSHOT VIEW OF THE DATA - for consideration
Nett cash position, CGB is No. 2/31 in the group for retaining funds.
Cash position, CGB is No. 3 / 31 in the group.
Debt position, CGB has ZERO Borrowings.
Accumulated Expenses for 14 years of operations, CGB is No. 3 / 31 in the group.
FWD Funds, CGB is No. 3 / 31 in the group.

Has this ASX Junior weathered the storm better than the others?