Some of the smartest people running some of the biggest Agriculture companies have had a tough time in cannabis - and lost.
The Industry (AU/CA) Charts basically all look the same over the last 5 years.
But IF CGB can relist before they delist then I am excited about the future potential for the industry if this DEA rescheduling happens in coming months. A rising tide floats all boats. ( yes i know we need CGBs reports etc etc first, hopefully soon) I think the DEA ann will come in April/May and take 12 months to implement. Hopefully CGB has a North American distribution plan in the long term, they have announced they will be selling products into Australia, Thailand and UK/EU? to start with. What products will they settle on? I heard yesterday California is 10% of the global cannabis market.
The demand is there and seems to be growing quickly globally. How much Thai product can CGB source to export is what im interested.
2 weeks before an update that hopefully isn't an extension
Nice to see ECS doing well.