RE:RE:RE:RE:RE:RE:RE:RE:Pharmaceutical drug sales...subaru1, in a sense we are fortunate those at Labs recognized the need to change course as the regular mj companies are slowly fading away because there are so many retailers. Every corner seems to have at least one and the market is saturated. Look at the debt of some of these companies who were once mega giants in the sector.
Moving towards the pharma CBD space has been quite a journey for those of us holding through it, but I get the feeling that light at the end of the tunnel is no longer a locomotive, but actually day light on the other side.
Its been a tough couple years, but long term gain for short term pain is how I continue to look at it.................
I am amazed at how many unregulated outfits there are in Canada selling CBD products and if the government finally clamps down on them through regulatory requirements, that will bode well for Labs and once these big pharma announcements start happening, Medipharm will become relevant once again, but until that day the manipulators will continue to play with this one
Bring on a couple day halt for huge news, and watch the rats scurry for cover.............................