EXL 0.00% 0.5¢ elixinol wellness limited

Ann: Investor Update March/April 2019, page-22

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  1. 202 Posts.
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    A rocket ship and looks like the most developed company in the space globally - although this really does belong on the NASDAQ, Australia just does not have the industry understanding or size. So they get a medical cannabis facility up and running here, all wasted in current Australian legal environment with tiny market size. Even targeting Asia is near impossible, they're much more strict on drugs - death penalties for drugs in most major asian countries. It would also have a lot more understand in the US with the outrageously large valuation when compared its basic financial fundamentals - We tend to focus on the financial information more than the US (or they're willing to overlook given Americans deep culture of pot).
 
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