RE:RE:RE:RE:RE:RE:RE:BullseyeYou’re confusing the South African market with the International Market. You’re pulling quotes out of news stories in South Africa about the work being done to legalize weed in South Africa and using it spread fear and lies on this board.
LG.v and its partner AFriAg are fully licensed to grow and transport medical cannabis from South Africa. They are targeting the international market. They are an international company.
Dube Trade Port Agrizone is bonded and is designed for export. LG.v is offering contract medical cannabis growing and processing services to international markets, not to the South Africa market.
People from other contries have aready been in contact with them, making inquaries. They could be finalizing a contract as we speak. News could come out any day and then this stock will fly. You're just trying to buy up cheap shares
DuckDive wrote: PRObully, you really should be doing your own DD. The pumpers talk about licenses and permits being handed out in days or weeks but, with the exception of research permits, that can't happen. You should read this campaigner's blog:
https://fieldsofgreenforall.org.za/reality-check-cannabis-not-legal-sa-form-yet/
Note:
"The Western Cape High Court Judgement handed down on 31 March 2017 is being appealed by the state. This appeal is set down to be heard in the Constitutional Court in Johannesburg (NOT the Supreme Court of Appeal in Bloemfontein) on 07 November 2017. It may take some months for a judgement to be handed down and then it will take about 2 years for the actual law to be changed by the legislature."
and:
"The issuing of licenses is a contentious one but, to date, NO LICENSES TO CULTIVATE, POSSESS, USE OR TRADE IN CANNABIS have ever been issued in SA. There has only ever been ONE license issued for research into Industrial Cannabis and that was given to one person. No Section 21 Application for the medicinal use of Cannabis for serious illness has EVER been issued by the Dept of Health, EVER! This is despite many legitimate applications being filed."
and this, which surely everyone can understand:
"How can you issue a license for an illegal plant?"
Even if it becomes legal and permits start being handed out to reputable applicants who meet the long list of conditions, there is no guarantee that LGC/Afriag/HoH will be successful. The majority owner of Afriag (Pty) Ltd is a notorious tobacco entrepreneur with a long list of smuggling/tax evasion charges against him and his subsidiary company, Amalgamated Tobacco Manufacturing.