CGB 0.00% 2.1¢ cann global limited

Grass Roots, page-56

  1. 3,013 Posts.
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    In fairness, to your comments, and carrying the big losses also, I don't think this has been easy for many of these companies.

    Saturation, greed, operating costs for greenhouses and farm management for Hemp and the Pandemic has certainly played a part in upsetting many of the plans of these ASX Juniors. The only ASX company kicking any substantive goals at the moment is part of an International Cannabis monolith that has 5 years head start on all the other Aussie players.

    The main anchor for me at the moment is that CGB is carrying 5 years of fwd operating funds, and they have some niche products out in the market. So the finance team appear to be holding this together with perhaps the Middle management team who are handling Grass Roots and the Fusspot range. This is where I am focusing my attention on the future, and any "possible successes".

    My criticism and concerns with the current Board and management are mentioned in previous posts.
    Last edited by Neil1959: 13/09/22
 
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