There is a massive change of government coming in Australia soon and 70% of MM prescribed in Australia since it became legal has been in the last few months. New Zealand is voting on recreational legalization next year. Things tend to get stonewalled and then when they happen they seem to happen all of a sudden. Unfortunately that is the Aussie political landscape of recent decades. Momentum is building and remember that Canopy haven't sold any shares in AC8. I think a merger/buy out is coming with Canopy but I have absolutely no proof of that. Just a funny feeling. .....Auscann has done too little the last few months EXCEPT buying a multi million dollar facility. With a chairman politically well connected and partnerships with market leaders established the lack of activity and the eerie quiet is abnormal.
I think something is coming.......purely speculative of course!
AC8 Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held