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2.1¢ cann global limited

Ann: Further Asian Business Expansion, page-42

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Nanood

7,791 Posts.

105

28/10/19

21:16

Post #: 41108515
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Originally posted by gtmsando ↑

Afternoon Bas,can you help me with my concerns over today’s announcement seeing as it was you who taught me to read between the lines when it comes to “CGB speak”.So we’re setting up for growing hemp in Asia under the banner of CGA of which we will have 55% of.Sun gets 10% So in effect CGB gets 50% of profits from the Asian operations which CGB has already said will be much cheaper to produce.Given That growing conditions and cost of production is far superior in Asia do we risk further dilution to our margins if in years to come our hemp production moves fully offshore!! Please tell me I’m way off line with my thoughts so I don’t worry about my retirement!!!??? Haha cheers

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“Please tell me I’m way off line with my thoughts so I don’t worry about my retirement!!!”

That’s a scary predicament

CGB Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
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