CAN 2.56% 3.8¢ cann group limited

There is product. There is a working facility. There is income....

  1. 1,612 Posts.
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    There is product. There is a working facility. There is income.

    "Cann Group has now produced more than 40 crops at its two facilities in undisclosed Melbourne locations"

    https://www.businessnewsaus.com.au/...lean-green--medicinal-cannabis-supplier-.html

    "During the quarter the Victorian Government took delivery of the first Australian sourced
    and commercially grown cannabis resin for use by Australian patients. The cannabis resin has
    been extracted from dry cannabis flower produced at Cann Group’s Southern Facility in
    Melbourne as part of the Company’s supply contract with the Victorian Department of
    Health and Human Services (DHHS)."


    CAN sells to the Victorian Government. Receipts from customers $1,463,000. From their 4C Quarterly, dated 21/10/2019.

    CAN is producing product, selling product and have a government supply contract in place. They just have to sort their finances for their new Mildura facility, as over supply is the issue now.
 
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