Ann: Annual Report to shareholders, page-29

"But it is at odds with your statement "Looks like it has taken Cannabiz a few days to play catch up""

Come on, Chris, are you seriously replying to me with that opening line? I think you are playing at semantics and surely not replying to me as being real here, are you? Gosh mate...

You know very well that the latest Cannabiz article deals with the Counterclaim. I answered that directly in the first post. You then posted about no notices, and I provided a timeline of what I saw were mentions of looming issues. So there is nothing at odds with my statement as it addressed the counterclaim mentioned on 03/10/22 as per the screenshot.

Regarding the HHC issue, I 100% agree with your mention of them neglecting to mention HHC. That was appalling. No other words for it. I got stuck into management in a few communications over that and their decision to leave many things to main Reports.

Regarding the drought, though, my goodness, that was, IMO, a major beat up by keyboard warriors on SM, and it was reported in updates a few times by CGB during the 2018/2019 season. Just not when some wanted it, I observed.

In 2018/19, I attended forums where the drought and difficulty with hemp crops were discussed. I talked with soil agronomists and farmers at the time to better understand what was going on with the hemp broadacre lots, and there were some successes. CGB was the benefactor for sure, but just not in the quantity as everyone had hoped as the drought took hold. In 2019, I spoke with agricultural scientists at the ANU who were also looking into the viability of industrial hemp being grown in controlled broadacre plots.

The cultivation of hemp for food had been banned in Australia since 1937, other than for a few isolated and registered small plot hemp farms growing hemp pet food in the last decade. When the approval to grow Industrial Hemp for human consumption came on the 12th Nov, 2017, it took almost 4 planting seasons for farmers and cultivators to learn that the five different soil groups and 8 temperate climatic zones on the mainland were not all favourable to a very fragrant (terpenes) and nutrient-thirsty new crop.

It is easy just to say, "Sorry guys, the crops failed", but that is not how farmers and cultivators work. Biomass, seed, and soil from broadacre harvests have to be first examined, and a determination made as to why some crops were growing, and others were failing. Some that failed in one season to grow in another confused farmers and scientists alike. Some crops grown on the mainland produced too much THC and were ordered to be destroyed. It took nearly 2 years to make any determinations and conclude how to properly manage broadacre cultivation for that plant. The approval to grow Hemp came at the worst time when Australia entered one of its worst ever recorded droughts. But in the end, mainland farmers saw that Tasmania was the best area to grow Hemp.

CGB reported information properly, IMO, when there was some determination and results back from agronomists and farmers regarding the condition of all crops. Andrew Kavasilas and others have talked about that for the past three years, with many lessons learned for Australia.

Growing seedlings in a tent under controlled conditions or even in small trial plots (outside) is very different from growing crops in broadacre lots under different temperate climatic zones and soil groups. Previous to 2017, Australia had not tested large-scale industrial hemp planting, other than in a few isolated areas for specific approved purposes, which started in WA back in 1998, I believe.

So I strongly disagree with your comment and the others over the years that CGB was not forthcoming regarding hemp conditions in the 2018/2019 seasons. They did have successes, sold products, and were one of the first, if not the first, to release a Hemp Seed Oil capsule in Australia. I benefitted from taking those VitaHemp seed oil capsules (gut), and a few friends with atopic dermatitis also benefitted from topical applications of the Hemp Seed oil directly on their skin conditions.

CGB has a lot of work to do, that is for sure, but as far as producing good quality products, they did have successes, and I have spoken with many who have enjoyed their products.