Ann: Supply Agreement with 1300 Smiles, page-65

Its extremely positive to see the strong performances from the major US cannibas stocks in 2019, including Axim which is up again tonight. The trend economically and politically looks strong.

CBD oils is the really interesting one for me, fantastic margins, genuine and growing empirical evidence in the treatment of chronic pain, inflammation, anxiety/depression and nausea/vomiting. These are significant economic sectors of medicinal care, and IHL are well positioned.

Nonetheless I guess we are all in IHL to get a return and IMO the stock is consolidating well at 1.9 to 2.0 cents. There has been a considerable soak of stock in the last couple of months which indicates short term or stale stock exiting and replaced by value buyers. It’s not buying on news, just a solid soak of all the loose sellers.

It’s a really good sign IMO and the volume has dried up so won’t be long until we start closing that gap between the $90m avg MC and IHL at $10m MC.