AC8 0.00% 4.0¢ auscann group holdings ltd

Morning Star Fair Value Estimate 1.40, page-34

  1. 171 Posts.
    lightbulb Created with Sketch. 35
    Agreed about Bit of patience required, Will be interesting to reflect back on this in 5 to 10 years, with the landscape here in OZ being very different to now.

    With such a huge investment from Constellation Brand was a great sign for the future of the industry.
    Australia's uptake maybe quiet slow as there appears to be many hurdles to jump going forward.
    It is typical of this country wanting their own studies of medicinal effects when there is so many worldwide that have already shown the benefits. So much money to be made by all these people in the chain before it gets to market for the many suffers who can be helped.

    Agreed on legalization in Canada and more product being needed for North Americas, will be interesting to see if the take up of this effects AC8.

    At some point it may also move to be legalized here, when governments see huge amount of revenue that they are able to collect of the back of it, I remember watching a episode of weediquette where they talked about amount Californian gov was collecting off the back of medical side of it was astronomical compared to other areas of tax they were collecting.

    Share prices have been nuts over at CAN waiting until this happens for AC8 and happy to accumulate more on the drops as they occur.
 
watchlist Created with Sketch. Add AC8 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.