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Ann: Licenses Update, page-31

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18/05/17

10:05

Post #: 24762396
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Originally posted by Benrich2016 ↑

There's money coming in. It doesn't mean they are in profit but it does mean the company is managing their money well. They aren't in research mode (like a lot of other companies) and the company isn't even operating at full capacity. Good news leading into November when hemp foods will be on shelves in Australia and available to consumers.. A lot of these other cannabis companies require constant flows from government grants and credit raising. I feel that being cash flow positive is a good sign especially considering the delays they faced Bauxite side.

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So by 'money coming in' you say they're selling product or what? How is the cash flow being generated?
Have you read their last 5B?

QBL Price at posting: 1.7¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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Ann: Licenses Update, page-31

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