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FSD Pharma Inc C.HUGE

Alternate Symbol(s):  HUGE

FSD Pharma Inc. is a Canada-based biotechnology company. The Company operates through two segments: Biotechnology and Strategic Investments. Its Biotechnology segment is focused on furthering the research and development of the Company’s two primary drug candidates consisting of Lucid-MS and Lucid-PSYCH, as well as the development of UNBUZZD. The Company’s Strategic Investments segment is focused on generating returns and cashflow through the issuance of loans secured by residential or commercial real estate property. Lucid-PSYCH is a molecular compound identified for the potential treatment of mental health disorders. Lucid-MS is a molecular compound identified for the potential treatment of neurodegenerative disorders. UNBUZZD is a proprietary formulation of natural ingredients, vitamins, and minerals to help with liver and brain function for the purposes of potentially quickly relieving from the effects of alcohol consumption, such as inebriation, and restoring normal lifestyle.


CSE:HUGE - Post by User

Comment by Bigmac4000on Aug 04, 2020 11:02pm
62 Views
Post# 31364896

RE:RE:RE:Why Aren’t they Selling The Medical Licence?

RE:RE:RE:Why Aren’t they Selling The Medical Licence?Very loose statement though. To say there is a buyer sure maybe. But obviously there wasn't for the license. To want the absolutely massive building is a very special business. The property sure. But if they only want the property they aren't paying 19 million. The 19 million was with license and equipment. Now what's it worth with no license. And what's it worth to someone that just wants the land. 5 mill maybe bit more. It's not worth anymore than FSD bought it , if it has no licenses. I think they paid 5 million. So tack on inflation and maybe 7 million? That's a mill a year inflation. They thought this great license was the saviour just like the pumpers thought. Both were very wrong. Selling a monster tax pit that's mold and dilapidated during the world's worst recession or at least ony time for any real value will be a tough sell.
MoneyTalks7 wrote: Hi Bigmac, in regards to the building, for every seller there is a buyer. Maybe there's a buyer who really needs a place like this? Maybe this buyer will be using the property for a different purpose besides cannabis production? Stay safe everyone!


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