I pulled this from commsec site. Looks to me like QBL already are cashflow positive.
To me loads of these other medical marijuana companies will be needing government grants and continual Credit raising to keep bringing in cash for their research. At the very least with hemp foods and industrial hemp QBL can keep bringing in Revenue from vitahemp and MCL.
Expo is not this weekend but the next. AK is a speaker along with a bunch of others including some other from Northern Rivers Hemp which has a close association with AK.
When we crack MM licence and we have supermarkets cafes and health food stores as partners within Australia it'll go nicely with companies overseas already buying our products.
Hopefully China seeds are a quality addition to our seed bank. However the key to me is that we are building a relationship with Asia who are most likely going to be where Australia's biggest customers will come from.
QBL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
