->11% shareholding in AusCann
Market cap CAD$1.41 billion
->5 hectares of production area
->29,000 Canadian patients
-Joint Venture partner
-Only grower in Chile for past 3 years
-First crop harvested in April 2017
-Excellent base to service South American market
-Chilean market demographics similar to Australia
-Argentina recently legislated for medical cannabis
-Phytoplant Research S.L – phytotherapy research leader
-Genetics, breeding and cultivation
-Extraction expertise and IP
-Supply agreement for global clinical trials
-R&D collaboration for development of additional cannabis strains
-Phytoplant will also contribute and further develop their strains
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BUSINESS MODEL & STRATEGY