EXL 33.3% 0.4¢ elixinol wellness limited

Ann: Quarterly Report and Appendix 4C, page-98

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  1. 70 Posts.
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    Lol!! I think you need to read the quarterly again. The Australian business is focused on thc/Cbd from marijuana not hemp. What are the Australian assets you would like them to dump? Pretty sure they haven't yet spent much hear yet. How is the strong US dollar going to effect the Australian arm of the business negatively ? The Australian government will most likely never allow a free and open CBD market like the USA, probably why EXL have three distinct seperate businesses. 1. CBD products in the USA/Export 2. Hemp foods in Australia /Export 3. Medical marijuana in Australia /Export I think if you look at the pot stocks across the board prices in general are lower but EXL are holding up better than most. They make more money than all the AU pot stocks combined. Big call predicting a drop way below the IPO, I'm guessing you are way,way off on this. We will see..
 
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