This ship is a lot more afloat than Cann group and many others in the cannabis space. No debt , cash outstanding to Euro Cann which may become a tidy investment, some IP on ice until the market turns to where it was anticipated years ago . Certainly not a great situation but better than most other Australia players in the sector to survive in what seems to be an industry coming of age.
Would I start an investment now , certainly not but prepared to back Andrew having already invested/ punted. I also think it’s commendable that he is using his own funds to explore these options/ opportunities rather than companies.
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