SP Discussion, page-809

I agree with you that they don't seek distractions. However, tripling your asset base for a 9% dilution would grab my attention. These are the reasons I would use to argue the pursuit of such an acquisition:

1. Eliminate major competitor.
2. Acquire EXL's CBD client base. (Increasing our revenues)
3. Replace EXL’s supply chain with our own, increasing ours and our farmers revenues.
4. Dumping other silly projects and assets (EXL owns land to grow regular weed on and spends tonnes trying to get licenses for it, "organic" farms etc.)
5. We’d own Hemp Foods Australia again, those clients and could replace with our own supply chains.

So no more China hemp. We'd keep the brands, and feed it with our own Australian Supply bringing business back to the bush and putting the bush back in business...the old Ecofibre motto from the beginning.