CGB (ASX) Ann: Strategic Collaboration Supply Agreement with Canadian LP

Originally posted by Pan head ↑

Something I found very interesting was that Cann group works with the Olivia Newtown Research institute. ( John Easterlings wife)

I find this Cann group situation very interesting and reading this article sparked my imagination. I'mgoing to throw something out there that is obviously speculative on my part but I think worth the Discussion.

QBL are changing their name to Cann Global a move that the BOD of Cann group demanded QBL mangment did obviously not fold to.

Cann group work with Olivia Newtons research institute when her husband is on the BOD of QBL who in a few weeks will be called Cann Global.

My guess for the Australian Medical Cannabis market over the next few years we will see a case of too many players and as such companies will start to merg, have hostile takeovers, JV etc.

If what i'm saying is true then there is a possibility that Cann group may buy into Cann global l.
I mean what a power house!
Cann group has the funds, Cann global has the IP, deals, contacts in Israel and fully integrated seed to consumer Hemp and Medical Cannabis. Both have the licenses!

A long post but I'm very keen to spark a Discussion and see if people think i'm onto something or just a dreamer!

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It would be great for QBL to be taken over by CAN in the future, but it doesn’t take much to see its highly unlikely. Why would CAN, a company about to fitout the largest MM facility in Australia, most likely 10-20x bigger than QBL’s feel the need to buyout a much smaller player. One of Canada’s biggest company’s (aurora cannabis, $8.8 billion market cap) has a 22% stake in CAN. Can have research agreements with CSIRO and today announced a tender with the Victorian government to supply cannabis resin, and that’s just a small fraction of what they’ve got going. I’ve seen many on here compare QBL to CAN and even say QBL is better, and that simply is nowhere near true, and also not needed. QBL in their own right have the potential to make money, possibly a lot of it especially if their farmers can get a decent harvest on the upcoming spring and summer crops. This certainly isn’t a definite as you all know what happened with the planned 500t harvest. Their recent deal to supply cannabis to a Canadian company is also a great one and once this facility is fitted out and they are actually growing MM, the market might start to take them as serious players in the cannabis market. That being said, if QBL do make this all work, I think it will be on their on terms, not through a buyout from another company.