So there must be a capital raise coming soon right? $1mill cash at the end of last year and burning roughly $3mill/6months.
Also, does anyone know if MGC has plans to enter the recreantional market when policy in Aus follows the inevitable course of the US and fully legalises?
As I see it cosmetics won't account for much and the real earners will be medicinal...pain relief, anti-sickness, etc etc followed by recreational and hopefully by that stage MGC has established itself at the forefront to be able to fully capitalise on this with supply chains and regulations already in place.
Recreational use still at least a couple of years away though imo.
MXC Price at posting:
4.2¢ Sentiment: Hold Disclosure: Not Held
