Frustrating as all this is, Im still maintaining my speculation with MCL, Medcan, Bio Health and BHC to all be under CGB umbrella with different licences under different states, federal and international licences with different products being produced within three facilities..
Hemp Food is one thing, Canntab, Pharmocann is another and yet MM products and dried flowers buds also bring in revenue.
No facts to back my speculation, yet i think Bio Health negotiations may have been going go awhile and perhaps well before Bonify shot itself in the foot, it made mgt think of other strategies..perhaps not....
at present there is no mention whether relationships with Bonify and Medcan are still bound, or another player for dried flower exports, yet await to next announcements for clarification and would like to see the relationship has possibilities...
Bio Health deal is huge in producing Pharmocann skin care, Canntab tablets and Vitahemp oil capsules.. MM products have a huge revenue also, yet far away from distribution and producing High Grade Quality Oils which MCL Medcan can produce another than diluted ones on the market and still believe Medcan are still part of the umbrella along with BHC that can produce MM products and dried flowers to export.
BHC have all regulatory licences including TGA approvals to produce MM products, tablets, oil capsules (not sure with skin care), yet dont know how large their facility is. Medcan have all licences other than TGA (my understanding at present moment), yet dont have a fitted facility, and Bio Health have TGA approvals and can manufacturer products to Canntab, Pharmocann and Vitahemp..
Which is why im maintaining speculation, MCL, Medcan, Bio Health, BHC to be in full production under CGB umbrella under different states licences, federal and international licences producing different products within three facilities...skin care products, oil capsules, tablets, MM and dreid flower buds
i await to next announcements and clarification to relationships with all JVs companies, MCL, Medcan, Bio health, BHC, Canntab, Pharmocann including announcements on latest harvest, hemp food sales, etc, including Bonify relationship if any, yet here be another player in this as well..
Heres to clarification announcements on all the above...
best wishes to all shareholders...
CGB Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held