LGP earnings release

Quietly watching this one with a pocket full of shares hehe.

Great earnings results for the company and red tape around medicinal cannabis getting less difficult in Oz, hopefully recreational follows suit asap!

...while waiting for that greenlight catalyst they are already doing well in Europe with CherryCo, and have also branched into early phase testing of psilocybin- magic mushrooms- for depression.

It's underestimated imho, I do believe they got their foot in early as an ASX marijuana company. Which means it will have the cash, scientific data, and reputation to continue on to be one of the biggest....... if the Oz govt pulls their finger out!

**side note- Oz govt is scrambling on massive debts, and mass revenue losses from cigarette tax as people quit yoy. I guarantee this is their next cash cow and they know it.

Soon they figure out a policy to completely extricate themselves from liabilities, monetise it and tax the absolute shite out of it... it will be *the* perfect tobacco replacement in terms of revenue and control 👌

*side side note* 😆 I'm not being negative about the actual product at all, only the Australian Federal Governments ability to make a good thing into a blood sucking parasite, and how their inability to see past the parasitic money grubbing ideals they have means they fail to see the actual benefits beyond making a buck. We all know the health benefits, the benefits of decriminalisation and legality. So do they. so why is Oz still waiting!?!