CGB 7.14% 0.8¢ cann global limited

Perhaps but there is no such thing as a free lunch as they say....

  1. 1,365 Posts.
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    Perhaps but there is no such thing as a free lunch as they say.

    An investment would either mean more shares on issue or debt with interest.

    With the $5,000,000 from the current cr now proposed for BioHealth inventory for sale in Aus/Asia we may have enough cash on hand to start generating meaningful revenue without a new cash injection/dilution.

    It would have to be a pretty good business case to warrant increasing shares on issue or placing debt on CGB books.

    I don't think a major investor is needed right now personally. The mm market is not going to explode overnight so I still believe we can focus on the hemp/Biohealth consumables for now in the hope that it can generate enough profit to expand the business into the next phase down the road eg. Our own grow facility.
 
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