Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-55

1) Could the drought have affected outcomes? Yes.

2) Was the reporting of ~$500K in revenue over the first year of Australia's first hemp crops evidence that all the crops turned to dust? No. they had 60 tonnes of seed. This alone should have exceeded 500k revenue.

3) Was the company not transparent and failed to report to the market or its shareholders about the difficulty of the first 12 months? No. The company was not transparent about the initial 20 tonne planting. The report you note, is the 1st Half FY2019. Dated 31st December 2018, and released to the shareholders on 24th MAY 2019. This is a long way from the 2017 planting of 20 tonnes of seed that was to equate to 500 tonnes of harvested seed in early 2018 (Feb/March), and early 2018 updates on lush green fields of the winter hemp crop.

4) In general, for any public company, should a Company HY/YR Report be the appropriate place or setting to update shareholders on the difficulties, challenges, or successes achieved during an operational half or full year? If the company can make a separate update on its discovery of a triploid, they could and SHOULD announce to the market, that their 500 tonne forecast has fallen short, whether they know the reason or require 12 months to investigate the soil breakdown. If they make the claim that they are planting xx tonnes for xxx tonnes harvest, it is incumbent upon the directors, to keep the market informed.

In my opinion, the company failed to keep shareholders informed of their progress, and this is one reason why shareholders are so frustrated, as any bad news or failure, is swept under the rug and forgotten.