Cann Global Ltd (CGB)

[Alexulf]

VALUE OF MCL’S LAWFUL AND LEGALLY RECOGNISED SEED BANK

The report did not explain the significant value of MCL’s unique seed bank, being one of the only recognised local lawful sources of cannabis genetics in Australia, and with over 25 unique varieties of cannabis that Andrew has been cultivating in his research over the past two decades.

Under international law and the UN Drug Conventions, having a lawful source of cannabis genetics enables the legal development of product in Australia and internationally, which nearly all other companies currently simply do not have that legal ability in their own right.

MCL owning its own genetics also means that when, during the current ongoing research, the genetics of any of these varieties are found to have particular unique medical benefits, then the value of owning these strains will become extremely significant.