CGB 0.00% 2.1¢ cann global limited

4.11pm extension to Friday 28th April with anns out Monday May...

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  1. 1,660 Posts.
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    4.11pm extension to Friday 28th April with anns out Monday May 1?

    The "main product is CBD Isolate" and they were starting to harvest/process some plants. We might get an update on how those are progressing with luck. It will be good to get some $ numbers start to come in. Revenue going up in coming quarters is a nice dream at this stage. Grow more + process more = more $?

    Two things I dont think will have any bearing on delays are

    - Medcan court case - I cant see this being a problem with relisting. (maximum exposure $750k? in that court)

    - Thai elections - Medical Cannabis is there to stay. Things might tighten up a bit at retail level. CBD Isolate doesnt sound like street level retail product

    An update with the extension will be welcome if they can give us a few clues before the quarterly next month.
 
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