Can I ask why you think Canada would import weed from here? Canada has had 'pretty much' legalised weed for many years. I live in vancouver currently and there are at-least 20 cannabis stores in the lower mainland, that have been selling since I arrived in 2014. It's been huge here for ages, its much different to Australia.
Why would they buy Australian weed when they have so much of their own, with lower wages, similar quality management and lower logistics costs?
Also point 5. is wrong. The management stated the planned raise price. If they do not get enough interest they will lower that, if they exceed their interest, they will increase it.
Any stock can try and raise at any price, that is not to be taken as 'this company is definitely worth this' from management. It is a target.
QBL Price at posting:
6.4¢ Sentiment: None Disclosure: Not Held
