The Annual Report details $50 million spent on acquiring land in Oct 2019 and commencement on the glass house structure.
Going by square meter for the area of Mildura, factoring in some earth works, concreting, steel fabrication, glass .....$50 million doesn't sound like we are being ripped off.
The AGM is coming up. If you attend (it will be virtual so no excuses) .... feel free to ask that question to the executive committee.
NOTICE OF DATE OF FORTHCOMING AGM & OTHER RELEVANT DATES 28 September 2020 – Pursuant to ASX Listing Rule 3.13.1, Cann Group Limited (ASX:CAN) (theCompany) is pleased to advise the following details in relation to the Company’s forthcoming AnnualGeneral Meeting (AGM), which will be held by way of a virtual meeting:
• Date and time for AGM: Tuesday, 24 November 2020 at 10.00am • Date of Notice of Meeting dispatch: Friday, 23 October 2020 • Last date for receipt of nominations as a director: Monday, 5 October 2020
Further details in relation to the AGM, including items of business to be voted upon by shareholders, and instructions on how shareholders may attend and vote at the meeting, will be provided in the Notice of Meeting.
The Company's Annual Report, which includes the Remuneration Report, was lodged with ASX on 27August 2020 and sent to shareholders on that date. It can be accessed and downloaded from theCompany’s website and shareholders can obtain a hard copy by emailing a request to theCompany at [email protected] Company looks forward to shareholders participating at this year’s AGM.
CAN Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held
