CAN 0.00% 3.1¢ cann group limited

You see boys - - there IS PRODUCTIn order for a BANK to give you...

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    You see boys - - there IS PRODUCT

    In order for a BANK to give you a LOAN of 80-100mill as was first implied and worked on with the bank,, the banks Head credit analyst and team will have to make sure that cann will be able to pay it. They wld thus investigate Canns business model. And all the Potential Risks of not being paid. Apart frm aurroras part of the production,, the BANK WOULD HAVE TO HAVE SEEN CLEARLY THAT CANN IS ABLE TO SELL THEIR PRODUCTION OF DRY LEAF / PRODUCT TO A CERTAIN AMOUNT OF BUYERS WITH A ADEQUATE AMT OF PROPENSITY AND PROBABILITY. The banks arent idiots. And Cann knows this having approached them. The Original amt was 80mill-100mill for the loan. Cann would have to prove beyond the balance of probabilty that there is Sufficient demand and Buyers in place for its 70k production of dry leaf to feed MM product developers or final product ON TOP of aurroras offtake of a part of that 70k . SOoooooooooooooo......there wldve had to be PROOF of substantial headway in customer sales n distribution arrangements to feed the dry leaf to MM product developers here in oz and nz and in other parts of asean and the rest of world. The bank would not lend 80-100mill unless it saw that these deals and arrangements with OTHER customers werre not at a adequate level of probability to occur. Banks have monster credit analyst divisions for these things like macquarie bank. Potential sales with other buyers must be in advanced stages for a bank to lend you 100mill ! So these are at advanced stages and the dryleaf feed or Product (as mentioned above that is ALready Sold here to the victorain gov) will be sold to other buyers. We have a Product not just dry leaf feed to product developers as Evidenced Above - 1.5mill per qtr and growing . 6mill a yr as it is. In 2020 even if no facility is built that 6mill could be closer to 8mill-9mill-10mill based on gov patient numbers and need for more product from sick ppl
 
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