Australia's largest stock trading and investment forum Australia's #1 stock forum

CGB

0.00%

2.1¢ cann global limited

CGB - 1.9c to 7.2c - What will happen in the next 6 months., page-385

First 385 Last

Share
Profile

Follow
Tomasp

1,311 Posts.

283

05/09/19

08:53

Post #: 40317674
Share

Originally posted by nihilism: ↑

You've stated several times now that Australian grown will attract a premium, but is there actual proof of this?

So far I took a look at the brands mentions and they aren't too far off eachother in pricing,

Vitahemp 450g - 27.95, or $62/kg
Red Tractor 200g - $10.50, or $52/kg
Thompsons 450g - $29.95 or $66/kg

Pretty much all within a normal spread of different stores and daily fluctuations

Ontop of that, the claims are not entirely true anyway as there are several other growers in Australia that supply the market, like there is a much bigger grower base in tasmania than NSW/QLD if you believe https://www.hatas.org.au/ their growers association.

Also Thompsons specifically states made in Australia, which likely means processed in australia, but they are actually selling at a premium to Vitahemp, so can you really state that Thompsons is all not australian seed and that it is worth less than vitahemp products?

I just think some of these claims need to be thought through.

Expand

I can't speak for the poster. I'll leave that up to him...

But from my perspective, I think the angle he is going for here is along the lines of Asian countries placing a premium and demand for higher quality Australian grown and produced products - such as the whole infant formula / vitamins saga.

Given CGB is looking to export to Asia (both MM and Food divisions), I think this is the 'premium' he is drawing a parallel to?

CGB Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

BUX

Buxton projects new graphite province discovery at WA Narryer play

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

There are more pages in this discussion • 1,761 more messages in this thread...

First 385 Last

Add CGB (ASX) to my watchlist

CGB - 1.9c to 7.2c - What will happen in the next 6 months., page-385

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News