Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-101

"i think the quarterly report was fine, Well over $9m in cash"

You're 3mths behind - quarter just ended has $8.649m.
Might seem a petty correction but it represents an amount of cash burn which is 10x more than revenue for the quarter of $54k

"Facts are medical cannabis in this country and most western countries is inexcusably heavily government regulated because of big pharma !"

Dyor and you'll find the vast majority of revenue here is food.
They HAD a partner with a Medical Cannabis Licence - screwed that up.

Now they need a new licencee to continue in the MC sphere IF that's what the proposed acquisition is about.

It beggars belief at this point how come nobody at CGB itself is licenced by the ODC

Otherwise they might just be after a few health food shops.