Like I said time will tell, here we are a little over a year later
View attachment 4836538LGP over 70% down and trading all time lows:
Obnoxious for me to write this I know, but writing was on the wall here, and you guys gave me all this crap about outdoor grows, well now here you go.
This is what happens when you produce a crop indoors, in the countries with the highest energy and labour costs. Going against companies growing outdoors the exact same medical GMP grade, TGA regulated product, yet ECS is producing this for 10 times less cost as its growing outdoors so not energy or staff intensive as much so as CAN, so CAN has no competitive advantage.
ECS cash flow positive, LGP nowhere near it, infact having their biggest losses and staff and admin costs this last 2 quarters, and needing more capital and in debt. Answers are in the financial statements.
