Wednesday, July 01, 2020 8:30:56 PM
1. A CBD licence by the Australian Government to import CBD into Australia
2. A CBD Distribution licence by the Victorian State Government
3. With access to export to the Asian Pacific
Source of extract - DLCR 07/02/20 PR:
https://www.globenewswire.com/news-release/2020/07/01/2056376/0/en/KIBUSH-CAPITAL-INC-DLCR-ENTERS-CBD-MARKET-WITH-ACQUISITION-OF-CBD-COMPANY-LICENCE-TO-IMPORT-EXPORT.html
My Thoughts
1. Stervc, from this one part of the PR alone, I don't think the market is yet recognizing the value of the different components of the Cannabidiol import licenses that DLCR now has access to through its 51% ownership in CBD Imports Pty Ltd. of Australia.
2. Access to these licenses may become a good ROI on the 5,000,000 Preference A Class shares that DLCR paid.
3. Not only is DLCR diversifying its revenue sources (CBD, lumber and metals), the CBD license also has diversified components that include import, distribution and export.
Go DLCR!
Buy cautiously and sell reluctantly. All of my posts are In My Opinion only based on the DD I have completed. Please do your own DD and make your own decisions.
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