Q: How do I buy shares in Cann Global Ltd (ASX:CGB)?

Cann Global Ltd is listed on the Australian Stock Exchange (ASX) under the ticker code “CGB”.  You can buy a share through your advisor, stockbroker on online broker. If you do not already have a broker you can call the ASX Broker Referral Service on 1300 300 279 or go to the ASX website.

Q: What is the price of Cann Global?

The price can be found on this website here, or the ASX website under ticker code “CGB”. Please note there is a 20-minute delay in the quotation of each of these prices.

Q: Does Cann Global pay a dividend?

At this point in time we are not paying a dividend to investors. Payment of dividends will be a matter for the Board to consider when the Company records profits and after considering its operational and growth capital needs at the time.

Q: When does Cann Global expect to pay a dividend to its shareholders?

At this point in time we are not paying a dividend to investors. Payment of dividends will be a matter for the Board to consider when the Company records profits and after considering its operational and growth capital needs at the time.

Q: When was Cann Global listed?

The company was listed on 14 January 2008 under the name of Australian Gold Investments Ltd (ASX:AGV).  On 22 February 2011 the company was renamed to Queensland Bauxite (ASX:QBL). It was renamed to Cann Global Ltd (ASX:CGB) on 25 January 2019 and reinstated to Official Quotation on the ASX on 25 August 2019.

Q: What is the relationship with Queensland Bauxite?

Cann Global Limited previously operated under the name Queensland Bauxite and was listed under the ticker code “QBL”. Whilst Cann Global’s core interests are now the production and distribution of medicinal cannabis and hemp food products, the company continues to own 100% of Volcan Queensland Bauxite Pty Ltd. Volcan Queensland Bauxite principal activities are Bauxite exploration in Australia.

Q: Why did the company choose to pivot into the cannabis industry?

The company recognised the opportunities arising out of legislation changes to the medicinal cannabis and hemp seed food industries and the growing demand for these products, and therefore the board and management made a strategic decision to diversify into this area.  These business activities now represent the core activities of the company.

Q: What are the company’s main business areas?

  • Food – production and distribution of plant-based food products.
  • Hemp Cultivation and Processing – broad-acre industrial hemp cultivation and processing.
  • Skincare – production and distribution of unique premium hemp-based cosmeceutical range
  • Medicine – distribution of medicinal cannabis products developed by our partners and funding of research into innovative use of cannabis treatments

Q: What are Cann Global’s key brands and where can I buy the products?

Key brands in the food division are  EM Wholefoods, Vitahemp and Australian Grown Naturals. Products are available in Costco, Woolworths, pharmacies and directly online via the following websites:www.vitahemp.com.au; [Rhys?]

Q: Is Cann Global a profit-making company?

Cann Global is still in the early stages of growing its business requiring significant investment in development of new products and research. The company is focused on a path to profitability and is seeing a positive growth trend in sales revenue.

Q: What are the company’s strategic priorities that will deliver value for shareholders?

Cann Global is focused on value creation through five key strategic priorities:

  • Cost efficient cultivation and processing of pharmaceutical grade cannabis
  • Innovation in product development and exploration of new product markets
  • Strengthen existing distribution channels and pursue channels in identified geographical markets
  • Leverage global partnership channels
  • Medical advancement through research including use of our extensive seed bank

Q What is the company’s financial year?

Twelve months to 30 June.

Q: What communication will I receive from the company as a shareholder?

You will receive notices of meeting, proxy forms and annual reports sent by the registry on behalf of Cann Global.  The latest Annual Report can be accessed here. You can also subscribe to receive company updates by registering online here. (Add hyperlink)

Q: As an existing shareholder how do I update my investment details such as my address?

How you update your address details depends upon your individual circumstances. If you have a CHESS-sponsored holding prefixed with an ‘X’) you must change your address through your broker.

If you have an issuer sponsored holding (prefixed with an ‘I’) then you can update your address details through the Investor Centre. Investor Centre allows investors to view their holding, update personal information or communication preferences and download historical statements or correspondence.  Alternatively you can contact the registry directly.

Computershare Limited

Level 3, 60 Carrington St, Sydney NSW 2000

+ 61 2 8234 5000

Q: How can I contact the registry?

Computershare Limited is the company’s share registrar and it manages all shareholder details.  Existing shareholders can contact Computershare directly or access their individual details through Investor Centre. Investor Centre allows investors to view their holding, update personal information or communication preferences and download historical statements or correspondence.

Computershare Limited

Level 3, 60 Carrington St, Sydney NSW 2000

+ 61 2 8234 5000

Q: How can I contact the company to get an update on progress?

Cann Global report on operational and financial progress through both quarterly, half year and full year results announcements made to the ASX. The company also produces an Annual Report in September each year which is made available to shareholders – the latest Annual Report can be accessed here.

Should you still have questions of the company, please contact:

Cann Global

Level 21, 133 Castlereagh St, Sydney NSW 2000

+61 2 8379 1832

in@cannglobal.com.au