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CAN are at least selling product in Oz. A lady contacted me...

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topwon

5,380 Posts.

291

01/05/20

15:40

Post #: 44383833
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Originally posted by Bails27: ↑

This might be a bit of an eye opener for CAN holders who have now been working on finance for 9 months and still haven't secured it. If they have of gone with a loan like this and continued to build Mildura, they'd be bust by now.

For THC, I still can't can't see the numbers working without a Cap Raise in 16 months to pay off the debt. But, they also need to press forward and get the product out. A placement might have been a better option in the end as the SP has risen up. They must be super confident of making 6-7 million profit in the next 18 months - that's a lot from now til then.

Hmmm.

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CAN are at least selling product in Oz. A lady contacted me regarding my medical need for CBD. Wanted me to book a 15 minute telephone appointment with a GP to legally access this product sold under Cannvulate brand in Oz. They also sell THC.

THC Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
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