Auscann are only making money off bank interest not MM.
Disagree re Derma. In the initial payment for raw mat order was more than they have ever made and it costs a fortune to establish and not their core biz nor should it be. If MGC can make money to provide raw mat whilst someone else like Lorne can pump cash into the brand, can only see the upside. One of the most advanced facilities in europe is nothing special? Aussie market is not the company's focus.
Full disclosure - I've made money on this stock in the past and am now at a sizeable paper loss on my second crack at it. I'm as disappointed about the price as you or anyone but I still like the fundamentals and believe there will be a significant run north prior to oppie expiry june 30
