Gracefully agreed But the revenue incurred from that Canadian...

First 98 Last

Share
Profile

Follow
pizza8686

3,105 Posts.

353

29/10/18

20:09

Post #: 36304289
Share

Originally posted by BPacker ↑

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.

Expand

Gracefully agreed
But the revenue incurred from that Canadian deal
Will only want them to expand and continue to find loop holes
For this company too enforce and penetrate as a Major League in the scheme
Of there strategies

Wait and see

QBL Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

RCE

Recce's R327 found effective against E.coli during clinical trial

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Microcap Wrap: 5 explorers with news out today

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

There are more pages in this discussion • 12 more messages in this thread...

First 98 Last

Add CGB (ASX) to my watchlist

Gracefully agreed But the revenue incurred from that Canadian...

Top Stories

Recce's R327 found effective against E.coli during clinical trial

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Microcap Wrap: 5 explorers with news out today

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Ava Risk Group expands US presence with A$0.7M Substation Deal

Featured News