I agree.. more concerns for sure.. hence why I felt inclined to post on the positives I have found.. dig up some discussion.
in response to your concerns of Pharma based products and revenue..
Kavasalis, coming from a long history of Nimbin and their weed movement, is in completely different territory and mind-frame to ALL these other pot stocks.. MCL will be focused on
1. Sustainable and ethical practices/endeavors that honour the movement, not just cash in on it!
Nimbin and the Hemp party are all about the land, the weed, and the people.. man
All these Pharma based products are definitely huge advancements in using natural remedies.. but your going to have to still check their ethics.. its Big Pharma, they don't care about people, they just want money.
- And in support to this hippie perspective, there IS a huge movement towards organic and ethical, fair Earth/People caring businesses.. Everyday, more people are questioning where they buy/where they do business.
MCL will have an organic-ethical cult following on his reputation and Hemp party presence alone.
2. His industry is 1. Edible Hemp products (Top of the superfoods list) e.g.. hemp seed, hemp oil etc and 2. Industrial Hemp products ( and that is vast!)
And he's in that industry because thats as best he can do due to Oz regulations
Now with our fast tracking developments, and him on the forefront of the political movement, QBL/MCL are going to know when, what and how to make the best of new legal progess..
And Australias edible hemp industry has been behind the ball.. its illegal to consume hemp and we are the only country in the WORLD with this stupid laws.
But all thats going to obviously change with other cannabis laws breaking down and news is supporting the hemp legislation too.
Here's one, but Im sure you'll find plenty on hemp becoming more favourable for health benefits and laws supporting the movement
http://www.abc.net.au/news/2016-07-...ng-sale-of-hemp-seeds-for-consumption/7672248
I will say I find it hard to find info on MCL on the net and what they plan to achieve going forward.. if anyone finds anything post it