CGB 0.00% 2.1¢ cann global limited

Ann: Trading Halt, page-40

  1. 3,871 Posts.
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    It's an aquisition of some sort, this means spending money & not generating money.

    Not to say that this is not a very important announcement or that it will not have a positive impact on the sp but expectations must be checked. imo this is a long term hold & sales is the critical factor for the sp moving forward.

    That been said, hopefully it is strategically beneficial to the long term strategy of MCL/QBL as it say's & helps propell this story forward.

    Cheers,
 
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