License, page-45

Found this canadian company Hempco valued at $12m which is way ahead of MCL in terms of everything, is QBL way overpriced then, it appears so . QBL was priced at 0.8c prior to MCL part acquisition so MCL is worth 1.2c or $16m plus it still needs to raise up to $5m for working capital going forward. QBL only own 55% of MCL so 100% MCL valuation is really $29m prior to cap raise  . As you can MCL is 2.5 times worth more than Hempco. MCL fair valuation would be something like $5m to $10m

http://hempcocanada.com/

http://hempcocanada.com/wp-content/uploads/2016/01/Hempco-Investor-Presentation-April-20-2017.pdf

http://hempcocanada.com/wp-content/uploads/2016/01/Hempco-Update-Report-Oct-2016.pdf

https://www.google.com/finance?q=CVE:HFF

https://finance.yahoo.com/news/industrial-hemp-processing-facility-underway-161700159.html

Hempco® is targeting June 2017 for a grand opening of food and fiber processing.
About Hempco
Hempco® and the Holmes family is a trusted and respected pioneer, innovator and provider of premier hemp seed foods for more than 15 years. Hempco® is committed to a triple bottom line – People, Planet, Profits and to capitalizing on the Hempco® mandate of "whole crop utilization" and developing hemp foods, hemp fiber and hemp CBD nutraceuticals, a "tri-crop" opportunity for producers and processors. Hempco® has grown its business significantly and is generating value and profits for shareholders.