1:20 CR, page-12

After the RTO is completed the appr. 4b shares become 200m shares and the sp would settle at 24c based on todays 1.2c x 20.

Sometimes a consolidation pushes the sp up, sometimes it falls. It all depends on the company's progress and financials. AHZ and VMT had a disastrous consolidation due to extreme spending ( AHZ ) and management failures ( VMT ). But there should be positive examples as well - but can't think of some right now. In the end nothing changes, those who want to buy will buy and sellers will dump.

The new TWH / Auscann company will have Canopy as a major SH and who knows, maybe they will take over TWH at some stage.

Held during RTO from SXT to LPE and worked out fine, this one looks similar and should turn out great as the target market is just emerging.

Will be a bumpy ride with CR, EGM, consolidation but at 1.1 / 1.2c it is a great entry level. Canopy will provide the IP and experience to make TWH / Auscann a success.

Bought in today to have a second exposure to the CBD market such as MXC, time will tell how that plays out.