True. As I understand it they just have a "hemp" cultivation licence related to hemp seeds and commercial hemp, specifically not a license to grow mm.
The whole QBL thing is all based on hype imho. From what I can tell basically they paid around $300k for a half share in a Nimbin hemp seed shop... And now look at their mc.
People need to actually read the company announcements.
Just my opinion, dyor etc
MXC - Nice jump on open, page-45
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