MMJ 4.76% 11.0¢ mmj group holdings limited

Hi @phiar'n'greed thanks for the reminder about last years AGM...

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    Hi @phiar'n'greed thanks for the reminder about last years AGM and having a quick scope through my summary I'm pretty happy that everything that was conveyed has been achieved - for those shareholders that weren't onboard at the time I've attached the summary below:


    Interesting AGM yesterday - the highlights as I saw them:
    - AG & SB did not attend
    - AGM chaired by Peter Wall
    - Poor SH turnout
    - All resolutions (2-9) carried with poll count dissent
    - Duncan expansion completely off the cards - will remain at 1000kg capacity.
    - Chemainis facility switch due to difficulties and additional unacceptable expenses wrt electricity connection.
    - Chemainis facility fit-out to begin early next year with staged production coming on stream throughout the year.
    - Gellpel sales are increasing
    - CBW streaming deal dead
    - Lucky Lake unlikely to go ahead anytime soon - reason's given isolated location & lack of access to labour force.
    - MMJ to focus on becoming a complimentary investment vehicle however exact directions still to be flushed out, unlikely to be straight R&D more likely commercial - the growing assets of UG were separated from the R&D assets to keep pharmaceutical options separate from recreational (perceptions).
    - MMJ investment in eSense mentioned however as it was a minor investment little emphasis given.
    - Possibility of HO ASX listing in the future was mentioned
    - HO to focus on production, oils were mentioned and ideally future co-production from HO facilities however not immediate focus.


 
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