CGB 0.00% 2.1¢ cann global limited

This is the Half yearly report from March 2nd .. Its a pretty...

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    This is the Half yearly report from March 2nd .. Its a pretty good update on things and worth a read imo


    https://wcsecure.weblink.com.au/pdf/CGB/02209275.pdf

    DISTRIBUTION TO CHINASUN has successfully harvested its pilot broad-acre crop of CBD hemp. The pilot crop plant material is being sent to the new extraction facilities to be used in the manufacturing and production of wholesale products and Cann Global’s new high-end retail product range, La Vie in Hemp. The first batch run of La Vie in Hemp product is planned for exporting in March 2020.The management team at CGA has been primarily focusing on establishing sales channels into China. China has been identified as potentially becoming the largest single market for hemp and cannabinoid products in the world. CGA is currently negotiating distribution agreements with local distributors to gain access to pharmacy chains, supermarket chains and China’s large online retail sales market. The company has begun negotiating and entering into distribution agreements with leading North American and French brands to resell their products in China. CGA will also export Cann Global’s new Pharmocann and La Vie in Hemp premium hemp products to its network in China. Ten pilot retail sites have been identified to receive the Company’s selection of hemp seed and cosmeceutical products for product testing and consumer acceptance. Cann Global is currently providing product support information to satisfy the strict import protocol requirements to import hemp products into the Chinese market


    Last edited by 708: 12/04/20
 
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