ECS 11.1% 2.0¢ ecs botanics holdings ltd

TGA GMP does not take 6-12 months for most, Murray Meds (now...

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    TGA GMP does not take 6-12 months for most, Murray Meds (now ECS) did it within 6 months of getting their ODC license but most in the cannabis industry don't.

    Cann got their GMP license exactly 2 years ago today, 24/01/2022. As “first movers” they got their ODC license in March 2017, so 5ish years to land the coverted TGA GMP license.

    Cannatrek just got theirs late last year, so 4-5 years.

    The next best as far as I can tell were LGP who got theirs on 12/10/20, they also had the “first mover” advantage, i.e. ODC licensed in March 2017. So 3+ years.

    MurrayMeds (now ECS) is driven and delivering, the leadership has shown they have good understanding of the regulatory complexities of the ODC and TGA, in Australia and overseas.

    To me, a leadership team with a demonstrated ability to rapidly navigate and respond to the complex regulatory landscape and future changes, is another compelling reason I like this stock, besides being the only profitable grower in Australia!
 
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