Earlier someone spoke about hemp foods and MCL being first movers. What’s really important is how QBL are going to wrestle a lions share of the market. I’d be moving in on Asia ASAP!
Also considering the time it takes with trials for drugs to hit the open market.. sometimes up to 8 years and given the fact that MCL stayed they’ll be making most of their income from Canntab via SAS I recon their deal with Burleigh is perfect. Not having to set up facilities is huge in my view. MCL with get a chance to see how feasible the market is and if the demand and income is there then they can expand. Not that it’s a bad thing for other mm if they are government funded and attached to Unis but I think it’s perfect for this company.
As for Red Tractor in coles Is this MCLs seed and by that I mean has their been a harvest to supply them or is this what is coming in a week or so?
QBL Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held