Agree re the announcement quality...
Please take a look at the website of what is probably QBL - Vitahemp's main competitor.
https://www.hempfoods.com.au/farming-hemp-australia
Their products now are grown in Australia and they are actively expanding their australian - organic hemp production.
They on the market with a range of great products.
However I read this in QBL's announcement of 27 November...
"New Australian Government regulations have now made a mandatory ruling that results in a 100% sterilisation on imported raw and hulled seeds. This new regulation provides VitaHemp a MAJOR edge over competitors who currently import either their seed or repackaged products into Australia"
Its true but the announcement fails to recognise there are australian competitors...significant ones, who do not import their seed and are powering ahead too because of that regulation!.
At first read you would be excused for thinking VitaHemp might now take the market by storm. Its simply not that easy at all in the health food market.
Do your research and be careful when reading QBL announcements. Like the fluff, smoke and mirrors today. I think QBL are glossing their announcements up with hype and each announcement needs cautious introspection, research and reflection before reacting.
So this post can easily labelled downramping again. Or is it an old wise fox trying to inject some balance and care into the HC threads? Maybe both? Maybe a few bongs and whiskies ...hmm!
Want to invest, researching, listening to other poster views.sharing honest thought, always happy to be corrected. if i wasnt intetested in QBL potential I would not bother typing this.
Fox
