Even better if they're getting grilled at the BBQ eh
All jokes aside, the notoriety/novelty factor of being a 'pot stock' definitely helps put MGC on the radar for some investors, even though they have no recreational market plans (unlike MMJ who seek to capitalise on the Canadian recreational legalisation, for example).
I was a little surprised that there wasn't more of a rally following the Poisons and Therapeutic Goods Amendment Regulation 2016 that took effect on Monday.
http://www.dailytelegraph.com.au/ne...s/news-story/6783f47ab40016b12430dc620cc7ae16
I'm assuming this isn't the complete rescheduling of cannabis that the TGA was(/is) set to announce?
Nevertheless, the SP is holding 5c nicely, up from the 3c level just 4 months ago. TGA + FSANZ still opening the Aus market for cannabis and hemp products and MGC continuing to make solid progress so I would imagine there is plenty of positive news flow yet to come.
GLTAH
Something's brewing, page-188
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4408 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 1899 | 2 |
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