CGB 7.14% 0.8¢ cann global limited

Ann: Q&A on the merger of QBL MCL and Medcan, page-500

  1. 556 Posts.
    lightbulb Created with Sketch. 11
    Hi Tomas

    I think they jumped at MCL and Medcan now for a reason that reason was Canada legalising from October.

    They’ve valued MCL at $130m but appreciably if they can get exports happening the second half of this year that market cap value could easily double or triple.

    The short term price dip I believe will change first opportunity being the July release of June quarterly but I’d
    Expect most pot stocks to surge in lead up to Canada legalising. Until then pending some news from left field such as a bauxite update we will probably drift a bit.
 
watchlist Created with Sketch. Add CGB (ASX) to my watchlist

Currently unlisted public company.

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