Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-54

Chris, the biggest issue for me, I think, was not just your comments but many people who just closed their eyes to any of the external events affecting all of the Cannabis industry, let alone CGB's woes. People saw a declining share price, deals falling through and were focused on venting on something, on anybody that may have held an opposing viewpoint to their own.

As I mentioned I attended those big global food forums, spoke with CEO's of Cannabis companies from Australia and across the world, I was invited to speak with Canberra's chief pharmacist about what was happening with the industry, and also had long discussions with the ANU's agricultural team about the difficulties being caused by the drought and how hemp could be grown in hothouses as their team were working on drought resistant/pest resistant seeds for other crops, at the time. Yet people wrote my comments off. This is what concerns me when forums do this.

All those posts and references are spot on. There were difficulties experienced by not only hemp farmers but also other crop harvests, who also experienced difficult crop conditions during that 2018/2019 drought period. I definitely acknowledge your comment about quoting 500 tonnes of expected harvest. The reality is that it didn't materialize as they had hoped, and there were genuine reasons why it didn't and the company did mention it. So my comments I think line up with what came out from the company. See below.

So I suppose my questions are for you?

1) Could the drought have affected outcomes?
2) Was the reporting of ~$500K in revenue over the first year of Australia's first hemp crops evidence that all the crops turned to dust?
3) Was the company not transparent and failed to report to the market or its shareholders about the difficulty of the first 12 months?

Let me draw you to this 2018 Half Yearly Report statement from the company. https://investor.canngloballimited.com/pdf/1a167c9d-fb45-4e2d-99f5-e9f75f460c5d/Half-Year-Accounts.pdf
"Australia, in 2018, faced unprecedented and harsh climatic conditions which affected both the quality and yields being produced at our Hemp Food crop farms, which has had effects across the broader industry at large. To ensure diversity, and continuing growth in our revenues with our Food Division, the board, in discussion with T12, a company owned by Hemp Hulling Co partners Sebastian and Samuel Edwards, negotiated the inclusion of their specialty food brands in the new merger agreement with Cann Global, including: EM Whole Foods, Black Bag (Export), Blanck & Co, Australian Grown Naturals and OMD online, all of which have distribution in Australia and Asia. The Summer harvest season of 2019 has continued to prove difficult for Hemp producers across mainland Australia, and throw up challenges for our mainland farmers with ongoing drought conditions in the Eastern states. There were early signs of good crops and maturity in the growth and height of crop stalks with the Summer broad-acre plots, despite some crops receiving minimal rainfall (17 mill.). Andrew, and our farmers, continue to work with agronomists to produce good crops on dry land."

4) In general, for any public company, should a Company HY/YR Report be the appropriate place or setting to update shareholders on the difficulties, challenges, or successes achieved during an operational half or full year?

In my view only, I think it is a good possibility that all the negativity on this forum caused by the Long Suspension overrode any reasonable or transparent explanation that this company tried to offer shareholders. These things can happen, sometimes when there are skillful agitators on SM forums (generalisation).