CGB 0.00% 2.1¢ cann global limited

Ann: Request For Voluntary Suspension extension 7 days, page-185

  1. 4,292 Posts.
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    I’ve bought in and out a few times and will prob do again. But i don’t short and because of how this stock gets pumped and dumped I’m more of a swing trader. If the stock moves up and shows some stability I’d buy back in.. will look at it based on ann and other bits and pieces.

    Do I think MCL would be more stable? Maybe? But I don’t think QBL needs to go down that path. I also think it would impact QBL shares in a negative way.. why would people hold QBL right now if not for MCL?

    It’s kind of what I’m saying about the company dropping bauxite and focusing on hemp. Perhaps QBL could start their own wing of the business around industrial hemp for building purposes and use their expertise with this to aid mining industry.. by that I mean using hemp to help regenerate Mining lands and I’m not talking about South j but providing a service to other mining companies.. the hemp would be used to help keep soil fertile and would use limited water.. a harvest or two and then native plants return. Obviously that’s a very simple explaination..

    Anyway company stays as is. Changes name and transforms business to focus on hemp and in time mm... but I feel that cannabis may be legalised before mm is widely released in pharmacies.. im speculating here though.. what ever they do hemp should remain their core business because of all it’s uses.

    I would def look at buying MCL shares if they went down that path but I can’t see the value right now in QBL if they do that.
    Last edited by 4hrworkweek: 12/05/18
 
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