I think we finally have a winner here! The facts so farIt's about time, man this has been a rocky ride to say the least! The revenue is going to go up, and here's why, so congrats to the people that stuck in, or jumped back in like me.
Reason #1 Jamaica: LGC will subscribe for a $2.5 million secured debenture, convertible into an initial 30% strategic interest in Global Canna Labs and will also acquire a 5% royalty on Global Canna Labs' net sales for $2.0 million, payable in shares of LGC. = MONEY IN THE BANK :)
Reason #2 Australia's little green pharma: About Little Green Pharma (www.lgpharma.com.au)Little Green Pharma is a private entity and one of the few companies in Australia with both a licence and permit to cultivate and produce Medicinal Cannabis. The harvesting of their crop marks the first time Medicinal Cannabis has been cultivated in Western Australia and is most likely the first crop for commercial use in Australia.
Current Crop:Crop #2 was planted shortly after the last harvest and Little Green Pharma have recently changed the lighting sequence to induce flowering. As such, the second harvest is expected in approximately 8-10 weeks.
**LGC currently has a strategic interest in Little Green Pharma of 14.45%.**
Reason #3 LGC working with a beer company and other adult drinks: LGC Capital Ltd. (TSXV: LG) ("LGC") is pleased to announce that CLV Frontier Brands Pty Ltd (CLV), a Joint Venture between LGC, Creso Pharma and UK based Baltic Beer Company Ltd is progressing well, with a number of products ready for commercial launch.
Gotta be honest I'm not sure about the beer and weed combo, and drinks in general due to the many options already available as extracts that can already be added to drinks or whatever else you want....BUT...it just might bring in a little more revenue for us, who knows....really, I'm asking, who knows lol?
Don't mention Africa, this is a failed area to invest in other than rare earth minerals and oil. Farming is OUTOF THE QUESTION, and I hope they get out as soon as possible!
Anything I am missing that could help?
Cheers