I saw this coming when they put forward the request for 10% additional placement capacity.
I also commented to Abe upon hindsight they would need it to scale up for the Haleon agreement.
Did not however expect it this soon.
I have questioned on here before what would be considered large scale production for Satipharm products? And as can be seen CANN is no where near what Haleon considers the ability to produce large scale and at a cost they will accept.
The fact they are already securing funding would suggest to me the medical trial is going well, CANN would be privy to ongoing updates and as noted they are in continued discussions with Haleon.
A good gamble gets the blood going. In another years time this is either going to be the best performing stock in my portfolio or the worst.
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