-Estimated outgoings were budgeted around 1.5m last quarter
came in 350k under. So cost savings achieved.
-Revenues increased 36% from the last quarter with further revenues to be recognised during the current quarter.
-significant CBD oils order to meet what they expect to be a greater demand for their product.(budgeted) .
-News recently regarding FDA
Probably this quarterly report could have been much better written
but the company is moving in the right direction......Tough crowd with the selling on opening-seen much worse quarterly reports released by other ASX pot stocks recently.
each to their own.
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-Estimated outgoings were budgeted around 1.5m last quartercame...
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