mmj have canada production licence, awaiting a sales licence. Have harvested, but not yet allowed to sell.
Don't get caught up in Aussie licences and ops, Canada is sympathetic and it still moves slow. In comparison, Australia will take a while to get their heads out of their asses.
Another thing is the access to export markets. Canada is nicely between the US and Europe, near a few countries with progressive cannabis policy. Australia, not so much, though if Asia embraces it we'll have many consumers nearby.
MMJ has subsidiaries in a few countries and fields (as part of the farm to pharma strategy). Most only focus on the Canada grow facility. I take comfort knowing that there's more going on and it's not all happening in one country, drops the risk factor a bit in terms of currency and not having all eggs in one basket.
You haven't missed the boat on mmj, but once sale licence is granted tickets will not be cheap.
- Forums
- ASX - By Stock
- Bulls v Bears
mmj have canada production licence, awaiting a sales licence....
-
- There are more pages in this discussion • 483 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 HGV (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.72M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.1¢ | $1.113K | 21.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 777941 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 221685 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 91668 | 0.051 |
1 | 51011 | 0.050 |
1 | 31830 | 0.048 |
2 | 1106000 | 0.047 |
1 | 250000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 221685 | 2 |
0.053 | 90772 | 2 |
0.055 | 134415 | 2 |
0.057 | 16111 | 1 |
0.058 | 45081 | 3 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
HGV (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online