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Ann: Appendix 4C - quarterly, page-5

  1. 1,947 Posts.
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    Interesting update - looks like cannabis is becoming the clearer focus of the company with each passing day, whereas once it came across as a more ancillary service. The sector is huge of course, even if investment in the area has cooled down of late. It's not my preferred route but I still think there is a business opportunity there.

    I guess the one thing I took away was, that if they are looking
    "to acquire a Cannabis growing and export license holder to complete unique vertically integrated cannabis vape system and deliver higher profit margins"....

    Then, how much are they likely to spend? Is it the early signs of an impending CR, or, could it come in under budget (with immediate implementation)? You'd think the value of the licenses and expertise, as assets, which they are looking to acquire, have a value at least as great as our cash, no?
    Last edited by Nomadic_Investor: 01/08/18
 
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