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0.9¢ creso pharma limited

Market doesn't agree that its a 'very big deal'. SP down around...

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Minty4

106 Posts.

21

16/05/18

10:43

Post #: 33127402
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Originally posted by gutumike ↑

I certainly wouldn't describe this as underwhelming. In fact, I think that it's a very big deal. The Cohen family have been involved in greenhouse farming in Israel on a very large scale for about 60 years, and the fact that the new CPH JV can use existing Cohen greenhouses for growing the cannabis is a tremendous advantage.

Medical cannabis has been legal in Israel for about 10 years, and they already have a reported 30,000 patients using it, so they are way ahead of other countries in MC.

The forecast annual production of 2,500kg of high quality cannabis will provide a significant contribution to CPH's international production capacity.

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Market doesn't agree that its a 'very big deal'. SP down around 4%

CPH Price at posting: 70.0¢ Sentiment: None Disclosure: Held
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