Nothing, absolutely nothing has got this SP to rise, NUTING.......I can't imagine an off-take MOU or even locked in off-take would take the SP anywhere.
Even CAN off-take has had the SP since the ann drop back to pre-ann levels.
Until we see revenues & bottom line with some zero's, SP going nowhere IMO.
Like the preso, but 1 thing I can't fathome, is the expected "commercial scale cannabis harvest completed" in Feb 2020.
This I'm assuming would be for recently acquired Edem Farms that's said to be "Ready to commence cultivating in large scale within months".
Now to receive cultivating or manu licence, associated permit, upgrading the site with security to fulfill ODC Cannabis Act requirements then the 12week cannabis plant grow cycle, all this by Feb 2020 to me is bit of a long shot.
Unless THC fall under the new MPS........the licences & permits can be expedited (again, ha)
For full blurb link below:
https://www.greghunt.com.au/boosting-australias-medicinal-cannabis-industry/
A cannabis company has this declared already, previously.
The MPS details below:
- Forums
- ASX - By Stock
- Ann: THC Global Corporate Presentation - Sept 2019
Nothing, absolutely nothing has got this SP to rise,...
-
- There are more pages in this discussion • 101 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EPN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.208M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EPN (ASX) Chart |
Day chart unavailable
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online