Ceapro Inc V.CZO

Q4 2020: Ceapro Expands into the Marijuana Sector

[stockfy]

Many investors miss the forest for the trees, as always. This is why they lose a ton of money in the stock markets. This is the case with many investors in Ceapro. They are unable to realize the tremendous value from the PGX technology along with Ceapro's continuing expansion to new sectors. 

Nevertheless, Ceapro is moving in the right direction while maintaining a pristine balance sheet with zero debt and a lot of cash and generating high operating cash flow to fund its growth without diluting its shareholders.

Based also on the latest news, the PGX technology will be used for expansion to the cannabis sector, so Ceapro could become a takeover target for a marijuana company. The excerpt is below: 

New Products:

Cannabis

• Received approval from Health Canada Controlled Substances and Cannabis Branch for a five-year research license with medical cannabis for the formulation of unique solid cannabinoid delivery systems using PGX technology.

The link is below:

https://www.globenewswire.com/news-release/2021/04/22/2215194/0/en/Ceapro-Inc-Reports-Fourth-Quarter-and-Full-Year-2020-Financial-Results-and-Operational-Highlights.html


 

[stockfy]

Update. Thanks to Ceapro's expansion to the cannabis sector, an inhaled PGX-processed cannabis and a deal with a marijuana company are very likely. 

[Ciao]

What progress have the made since this was announced over a year ago? today announced it has received special authorization from Health Canada to initiate a research program entitled “Impregnation of Water-Soluble Biopolymers with Cannabis Extracts Using the Pressurized Gas eXpanded (PGX) Technology and Formulation of Solid Cannabinoid Delivery Systems: Oral Thin Films and Transdermal Patches

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Ciao]

As you noted, nothing specific for formulation for cannabinoid oral thin films and transdermal patches Impregnation of Water-Soluble Biopolymers with Cannabis Extracts Using the Pressurized Gas eXpanded (PGX) Technology and Formulation of Solid Cannabinoid Delivery Systems: Oral Thin Films and Transdermal Patches

[prophetoffacts]

This post has been removed in accordance with Community Policy

[archeo753]

Intelgenx Technologies Corp makes oral strips and recently shipped it's first order of 75,000 CBD strips to Heritage Cannabis.  Current market cap of IGX is $72 million.  For one product.  Once CZO actually signs some deals and delivers.  The current market cap will be left in the dust.  Unfortunately, we continue to wait and may have to wait a while longer.  

[stockfy]

Excellent said about Intelgenx (IGXT). IGXT's current market cap is about C$60 million for one single cannabis-related medical product. CZO can use its proprietary PGX technology to process cannabis, combine it with PGX-processed Yeast BG or Oat BG and make miracles.

[hoffbag]

Sounds like Intelgenx knows how to do it.

[hoffbag]

Thanks for keeping it real Ciao. I would like these guys to focus on one "killer app" with one good customer and bring it over the finish line. Then can say "next" . Not big enough right now to take all this on. If a customer is sharing the risk then maybe. If not, mgmt are suckers, we pay and take on the risk for their potential product and they have no risk.