CAN 5.66% 5.0¢ cann group limited

Ann: Leading Global Consultancy appointed for Phase 3 facility, page-8

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  1. 53 Posts.
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    Most of the information in the announcement was already given in the Investor Presentation released on 10/04/18, but it's clear we have plenty of positive announcements coming over the next 6-12 months. If they fulfill their expectation of 14,000m2 of flowering production area in the first half of 2019, this will go gangbusters.

    The value of the Aurora backing can't be understated either and it's already paying off. The production facilities are being developed by one of their fully-owned subsidiaries which is great for us. The other fully-owned Aurora subsidiaries we could benefit from include Pedanios Gmbh (Germany's largest distributor of cannabis to pharmacies), Canvas RX (the largest medical cannabis patient outreach service in Canada) and BC Northern Lights (an indoor growing supplies manufacturer). When you add their 9.6% holding in Radient Technologies (a leading extraction technology company) and their 22.9% holding in Cann Group, the big picture starts to become really exciting.
 
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