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AC8 mkt cap 70mill at 40c we at ZLD THC MXC lw end of town mkt caps, page-57

  1. 76 Posts.
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    It's all cart before the horse stuff. I think you've summarised perfectly they're "in the process of"

    There's no product, no facility and no income. Even take-off agreements are a long way into the hazy future, we're talking major long term. Enough so it's back to the drawing board to stage the project as there is no appetite to inject vast sums of money into a promise.

    I'd have a fairly decent stab at the fact no one is going to buy export from Australia while we can't compete on price against Canada et al.

    The local market is dictated by Doctors who write specific prescriptions for products with cannabinoid profiles they believe will work better, currently there is a limited patient base, limited number of prescribers and limited access....so producing in excess of enough cannabis for over 200,000 patients annual intake is maybe ignoring some basics of supply and demand and jumping ones gun.



 
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