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Bullboard - Stock Discussion Forum Nova Mentis Life Science Corp. C.LIB

Nova Mentis Life Science Corp is a Canadian-based company focused on building and supporting a diversified portfolio of health and wellness businesses. Through its subsidiary, the company is focused on exploring the anti-inflammatory effects of psilocybin in underexplored metabolic indications such as obesity and diabetes and providing a Health Canada Standard Licensed facility focused on the... see more

CSE:LIB - Post Discussion

Nova Mentis Life Science Corp. > Phone call with David Hyde
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Post by rcash1 on Mar 16, 2018 8:29pm

Phone call with David Hyde

Gained a wealth of insight talking to David Hyde . So I have some clarification on the regulations. Basically until the new cannabis act is written we won't know exactly the details but looks like they will allow existing MMAR grower sell through LP's with production licenses as micro growers ( I'm looking into this for myself ) . Genetics( as I have some of my own blends ) might be allowed in the future under craft micro grower applications but not as a LP hence the niche . As most noticed today Namaste got the first production license, so we all know its possible now . CCI and David Hyde made Namaste subsidiary cannmart be a first production license happen  ( was really hoping that would've been North Roads ) but I'm now sure it's coming as they are both companies are  working on LIB  . Deepak tweeted at me he's working on  it (North Road ) when I congratulated him on N.c . Namaste has a float of 275 million on a non diluted basis and trading well above 2$  For comparisons sake we have less then half that float. Almost no cheap paper left  With 2 licenses coming and 4 formulations for pets that could be revenue generators this year . If North Road is successful at pulling craft MMAR growers ( aka genetics ) into a legal market and all this execution follows through this would make LIB a very expensive stock in the future with valuations still being speculative I can see multiples of dollars . With multiples of millions in revenues could be a another 100 bagger depending on how long your willing to wait . Patience is key and algorithms arrived a while ago s,o hold tight the SP is being played with now . Good luck all and have some confidence, things will be  looking upward soon ;)
Comment by Seegains on Mar 16, 2018 8:38pm
My man. Cheers to you.
Comment by serendipidy on Mar 17, 2018 11:28am
Thank you for your informative post, talking the time to call and the time to post. Ty
Comment by Crickster on Mar 17, 2018 1:47pm
Thx. Cash...appreciated....despite some moments of worry.....like you mentioned....patience will get rewarded with this company......and rewarded handsomely.....
Comment by TenFingers on Mar 18, 2018 10:09am
Fantastic post rcash! Will has been saying for the past couple months that he strongly expects that NRV license to come through first. They are already growing there and HC knows about this location. With their open dialogue with HC, I trust that this isn't just guessing games, and when Will says that he expects this license first, he is basing that on something coming from those discussions ...more  
Comment by rcash1 on Mar 18, 2018 11:35am
Thanks all and yes ten fingers You are correct with the front door shutting, all ACMPR regulations will get grandfathered into the new cannabis act and applications pending will get put in priority. I know I didn't  buy this stock for fast gains . That's why I held at a dollar as I see heavy profit in years coming.  Just for comparisons sake Namaste went from the .10 range all ...more  
Comment by nazzy on Mar 18, 2018 10:58pm
thanks for the awesome information rcash .  just read this and looking forward to the future with LIB and all you believers
Comment by Snoopydoo01 on Mar 19, 2018 11:50am
Yep, sure looks like another sh1tp1ss of a week again! Argh! :(
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