Ann: Annual Report to shareholders, page-13

CGB has copped a lot of criticism over the years, and there have been some fair points raised, in fairness to the contrarians, but I dont feel all criticism has been warranted when you look at the industry performance chart I have just attached.

I mentioned in the above post the difficulties facing the industry and CGB's decision to shift focus to production and reduce costs.

Here is my latest chart showing the industry. Take note of all the companies facing material uncertainty or unknown suspension dates. All of these orange highlighted companies will need capital within the next 2-4 quarters to be viable, according to their independent Auditors.

Data taken from ASX Yearly Reports. Quite an eye-opener, actually!
_{(Care taken to be accurate - please cross-check facts with ASX ann's)}



Despite the Transformation activity mess, is there evidence that the company took the right step to hit the brakes and restructure??? Of course, they still have to deliver on Grass Roots, FussPot and CannTab.