CGB cann global limited

Dissapointing, page-5

  1. 2,436 Posts.
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    well that happened to me when I first started at that time I lost my house although it was the gfc, so heres some little sayings to change your outlook "there aint no tooth fairy on Wall Street" and the next one is a beauty " a stock can always go lower" the company did state in one of its earlier announcements that it was high risk and from what I can see they are either adopting short term strategy to survive or rapidly expand across multiple businesses I have quite a large position in CGB and accept the risk, I would strongly suggest you do some reading on Hemp " The Great Book of Hemp" would give you a good grounding on hemp history in the western world and some of its many uses , for me although I am definitely not a greenie hemp is about as green as you can get and might well be an answer for broadacre farming as well as a diverse primary product for all manner of manufacturing, fibre,feed. food,supplements, seed and the one most are focussed on but in reality is probably the smallest potential income albeit with very high margins medicinal and recreational use, hemp certainly seems to have enormous potential but it will have a substantial impact on margins in the petro chemical industry if it realises its full potential, anyway thats what I see my average cost is just below 4c and I am prepared to hold for another 2-3 years adding on dips to the holding to average down
 
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Currently unlisted public company.

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