See the Cannbiz Aus story under.
Anyone who is aware of the Australian market is aware of the Cannabiz saga that has been occurring for getting near a decade now.
Cash exits their organisation like…
The place is all the cash going?
Properly, that we’ll by no means know however somewhat birdie instructed me not too long ago {that a} good % of it goes to the corporate administrators wage packets
It might be fascinating to understand how a lot the next are all paid on an annual foundation
Data is scant however , if certainly, Pilcher is incomes $AUD375K as a base wage it could counsel at a minimal different board members are raking in not less than 60% of that as a conservative estimate.
It isn’t onerous to see how the cash slips by their fingers with such ease. I’m guessing that board and government are swallowing not less than $AUD1.5 million pa earlier than a product has even walked out the door.
Cann Group it seems from the surface spend all their energies on elevating cash which in ten is straight away disbursed as renumeration somewhat than being invested again into the corporate.
I actually can’t think about it’s that sustainable for for much longer.
