CGB 7.14% 0.8¢ cann global limited

Liking the research Finn Just a note - GMP in the announcement...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 310 Posts.
    lightbulb Created with Sketch. 199
    Liking the research Finn biggrin.png

    Just a note - GMP in the announcement actually refers to Good Manufacturing Practice. I.e. all processes, employees & products are  checked/certified etc to a high standard.

    Refer https://www.tga.gov.au/publication/manufacturing-principles-medicinal-products 

    GMP Pharmaceuticals Group has no involvement here.

    My 2 cents - I imagine behind the scenes there's processes going on to allow BioHealth to have the relevant capacity to produce MM items, backed by the JVing with CGB/Medcan/Pharmacann/Canntab. It's possible some licensing information is not yet public.

    Also a little bit of sleuthing here - but look very closely at the following description...

    https://hotcopper.com.au/data/attachments/1440/1440340-2812218d69b17326c1523aa4f4329151.jpg

    "produced (Soft gel capsule) in a GMP production facility"

    Hmm.. this sounds familiar. When did BioHealth (a GMP facility) & CGB start interractions?

    Well going off this little snippet, one might be lead to think BioHealth were already processing the Capsules being sold under the Vitahemp banner for quite a while. Maybe not the "11th hour" change of plans people are speculating.. that's just my opinion anyway..

    Last edited by Luke164: 15/02/19
 
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.