CGB 7.14% 0.8¢ cann global limited

Future predctions, page-78

  1. 1,365 Posts.
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    What licenses are BioHealth missing?

    All I know is the TGA/GMP approved BioHealth will be manufacturing CGB products.

    It's a great announcment because the cost in getting to manufacturing of pharma was a huge hurdle for CGB.

    Getting Canntab products to Australia ready for sale another massive hurdle.

    We have saved ourselves millions of dollars & advanced the business plan by years!

    The Medcann aquisition was also fantastic however the path to revenue was not as immediate as this deal stands to be potentially.

    Highlights: • BioHealth will manufacture from its facilities in Sydney our CannTab Medical Cannabis formulations and proprietary medical products, the Pharmocann range of medical products, and the full range of Hemp Seed oil capsules and nutraceuticals, on commercial terms as a contract manufacturer of these products • CannTab and Pharmocann Executives to visit the Manufacturing facilities to oversee the production of their respective proprietary range of tablets and products • Cann Global will manage the business plan to manufacture and distribute the Canntab and Pharmocann products in Australia and Asia • Further consideration of possible co-branding Hemp oil nutraceuticals with Gel and Vegecap Hemp Seed and CBD oil tablets for the Australian and International export market

    Do you think CGB would announce those capabilities mentioned above without appropriate licenses?

    It is not a project for a year or two down the track! They are saying manufacturing by mid year! That's what makes this deal their best.

    As for revenue figures I'm still fine if it doesn't blow us out of the water immediately. I jusy wraped to have these capabilities so soon ready to build the CGB brand around the globe.

    Would be corporate suicide if BioHealth cannot infact do what CGB has announced to the whole world via the ASX.

    I have reserved expectations for our next hemp harvest..Happy to give our farmers the reasonable time to build upon their knowledge & skills before expecting huge yeilds. If I'm pleasantly suprised than great.

    Get excited guys..BioHealth are a very respectable manufacturing of pharma! If CGB claims in announcment were not the case they would be all over this.

    It's happening people..One step at a time.
 
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