One of the founders of ASX:CAN (was up 166% on its second day of listing) and the founding COO & CTO of CAN, is on the board of CIL to help Chapmans source some Medicinal Marijuana deals in North America.
Funnily enough in terms of timing, at least one of our directors has already returned to Australia from North America (I know this as he is also a director @ CMY) and discussions over there have led to advanced negotiations already for CHP to be ready to announce some of these deals ASAP.
The companies they were dealing with overseas (including BCC) are massive - BCC (Broken Coast Cannabis) produce 11,000,000 grams alone in their growing facility - at a sale price of $5-$8
I am hoping that deals will be made away from the growing area and focus on the cannabinoid side and oil extraction side as this is where the majority of big $$ will come from once the medical side of things with MM are relaxed in Australia.
- Forums
- ASX - By Stock
- Ann: Chapmans to Enter Medicinal Cannabis Sector
One of the founders of ASX:CAN (was up 166% on its second day of...
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online