idt license approved, page-28

THC CAN comparison is a worthwhile one as they have rather similar strategies, some may not know as they have blinkers on.

* THC revenue from equipment no relevance, really to be successful you must reap $$ from weed sales? heard of the picks n shovels theory?
* a Milestone CAN having revenue from cannabis in Aus....really have a look at few other cannabis plays you may find revenue is already well n truly in the 50k (that's $50,000 for some that unsure) range. Blinkers on again I suggest.
* THC had $6M...+$3M from recent SPP + $13M from options converted by years end, so there's ~$22M, should be enough to develop their plan as they already have their GMP & TGA approved manufacturing facility up & in commission with experienced staff from previous owners.
* CAN loaded with cash, but it'll go on their growing & manufacturing facility Mildura.
* THC will need funding for their Canadian growing venture, but that'll come from the more interested North American financial institutions.
* CAN less SH's & larger MC, there doing very well (who's arguing that??) in bed with right people & fully de-risked IMO (who gives 2 fruits exactly where remaining funds comes from), you'd be a very happy holder if you got in under $1.
* Personally I'd say more SP uplift potential in THC at current prices. Then again potential dangerous word.
* Both THC & CAN rowing same boat.

Then again I could be all wrong, wouldn't be the 1st time.