CGB 0.00% 2.1¢ cann global limited

Court Update November 28th 2022 Medcan v CGB, page-196

  1. 3,013 Posts.
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    Thanks, @traderabcde, for a respectful response.

    Yes, I do wish you, and all of us, some returns on our losses from all the stocks in this industry.

    Just observing the sector; even those who are cash flow positive, have secured revenues, returning dividends, or newly signed supply agreements, are also struggling at the moment. But, as I have been mentioning in my posts, I think that we are in a 10-year prove-up cycle. Unfortunately, the parabolic curve for this sector appears to be inverse at the 5-year mark, to some degree, due to the Australian government's handling of the drug/drive laws and general market conditions, which, in my viewpoint, are a causal effect of the COVID/Ukraine crisis. This crisis has negatively affected shipping and market confidence.

    This will be a process that "may" require more time, patience, shifting/managing of portfolios, and patience for shareholders. Not advice just a general comment
 
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Currently unlisted public company.

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