CGB 0.00% 2.1¢ cann global limited

Ann: Company Update and Request for Extension of Suspension, page-139

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  1. 1,660 Posts.
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    https://hotcopper.com.au/data/attachments/5887/5887648-1896b8301563a5b5e231827b874af376.jpg
    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.

    https://hotcopper.com.au/data/attachments/5887/5887677-b17e2448dd5a5eadf79375840a5ec605.jpg
    https://hotcopper.com.au/data/attachments/5887/5887702-2c6603198a041c8e3f7e101d830528bc.jpg

    2 weeks before an update that hopefully isn't an extension frown.png

    Nice to see ECS doing well.
 
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