CGB 7.14% 0.8¢ cann global limited

Ann: Strategic Alliance with TGA & GMP Approved Manufacturer, page-189

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  1. 385 Posts.
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    Geez people must be getting desperate on here to go back and screenshot a message where the rep said "Are you happy?" - clearly they were happy because a large piece of work had been completed. Bit like saying companies shouldn't be allowed t start their announcements with "XYZ are pleased to announce...".

    I haven't followed this company in months, came in to have a quick look and realised why I left in the first place. So many of you complained constantly that they didn't have any way of generating revenue. So from what I can gather, they've decided to go from a long-term vision with potentailly minimal short to mid term income, and have struck a deal that allows them to generate short-term income, while also reducing their timeline and dilution.

    Now for my question. Is this a way for the company to essentially automate their short term income generation? It sounds like Medcann and the nw group will be doing most of the work. Which could allow them to focus on other parts of the business.Just my opinion.
 
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