Ann: Compliance Testing Successfully Completed, page-71

Scaremongering by Carnival?
Realistically there is concern regarding :
-poundage
-% CBD
-$/point CBD
-offtake agreement
-sale of balance of 70% of the crop.
-Watchlist

IMO, like the concerns about compliance a week ago, current concerns are mostly unrealistic .
IMO we already have 900 k lbs @ 14% CBD for a total season's revenue of close on $50 million
This would value the crop @ $55 AUD/lb ( $37 USD) or $2.65 USD /% CBD
Earlier in the year the price was $3.50 USD /%CBD (- 24% now)

All we need to hear is 3 mil+ lbs of wet biomass @ 14% CBD

IMO, the ASX will force CLI to release the %age CBD because that is likely known post Lab compliance testing and,
if so, the info is market sensitive, IMO. This is more likely now because we're on the Watchlist, IMO.