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2.1¢ cann global limited

Ann: Quarterly Activities and Cashflow Report, page-46

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brendio

193 Posts.

23

04/04/18

20:59

Post #: 32225140
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Originally posted by brendio ↑

I believe what they currently have is a hemp licence, which allows them to grow low-THC cannabis for fibre and soon to be seed for food. This licence has strict controls over the level of the psychoactive component, THC. They are planning to plant 20 tonnes of it, so I'd hardly say that is a small scale trial. Hemp licences have been on place for years, so they are not the only company with this type of licence.

Nowhere in the update does it state that they have applied for medicinal cannabis research or growing licences. This seems to be being outsourced to Israel.

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It seems I was right in my call on QBL/MCL outsourcing the medicinal side of their business, according to Neil's post.

QBL Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
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