They did close a 5mm $ deal with more upside next year potentially. The Ceo of Theracann showed up at Stony brook to participate on the call and spoke for 15 min. He must think this is a wortwhile partnership or he wouldnt waste his time showing up in person in Suffolk long island. We will see.
Wednesday 5th December represented the successful official media launch of CannAcubed’s major cannabis project in China. Held at the beautiful 4-Seasons Hotel in Guangzhou, CannAcubed were joined by their project partners the ‘China Health Investment Fund Corporation ‘(CHIC) representing the China Government, Ling Chen Security - a wholly owned subsidiary and representative of Tencent, and HuaFang Industrial Hemp - CannAcubed’s license and cultivation partner.
Yes ...a pipe dream. It wont happen. So many deals/pilots that never made into revenues. Every year they talk about new verticals to lure common investors like us.