I think they just changed their mind but could not terminate this contract. They realise it's not easy or cheap to grow here and they could not settle on the site ... Now they have settled in WA so they need to fit out and it will only ever be a small R&D greenhouse. It won't be mass growing for production. They need to get approvals for growing at the site. I think they have a whole bunch of planed ideas and trouble to decide what to do at this moment. Nothing much will happen until the new CEO can make some sense of the mess. I feel that the capsules with cannabis imported materials will be the #1 priority. If this fails to materialise for clinical trials by end of 2019, God helps the AusCann management.
AC8 Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held