Ann: Annual Report to shareholders, page-25

People need to remember that this annual report only covers business up until June 30th.

There is a lot of water under the bridge since then.

We know it has been a transformative year for the company & out going costs were always going to be high.

We also knew that the first few hemp crops that would have been accounted for in this report were not as successful as hoped, still better than our domestic peers but challenging all the same.

There was never going to be huge revenue numbers & anyone expecting different after company updates was naive.

Hopefully the hemp crops that are now irrigated are performing better & will show some improvements on the next quarterly, still apply a degree of common sense though or be prepared to be disappointed further imo.

We are fortunate enough to have a buffet of expert commentary on this forum but many only choose to reflect on announcements they perceive have weaknesses they can try & exploit.

Disappointing we don't enjoy the same scrutiny when the company announces amazing deals or manufacturing license.

Let management get all the ducks in a row over the next 1-2 years.

Watch this space if one of our pharmaceutical partnerships hits the right note with the Australian public.