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Pharmacielo Ltd V.PCLO

Alternate Symbol(s):  PCLOF

PharmaCielo Ltd. is a Canada-based company with a focus on ethical and sustainable processing and supplying of all natural, pharmaceutical-grade medical cannabis products to channel distributors. The Company has two subsidiaries, PharmaCielo Colombia Holdings S.A.S. (PharmaCielo Colombia) and Ubiquo Telemedicina S.A.S. (Ubiquo). PharmaCielo Colombia cultivates and processes the Company’s all-natural cannabis into standardized, medicinal-grade oil extracts and related products. In Colombia, PharmaCielo Colombia is a licensed cultivator, producer, and distributor of both TetraHydroCannabinol (THC) and Cannabidiol (CBD) medical cannabis for use in Colombia, international export, and research purposes. Ubiquo is a knowledge management and medical consultation system that focuses on creating access to healthcare for Colombians. Ubiquo is a technology platform and a user interface that allows doctors and patients to communicate. Ubiquo is used as a communication tool.


TSXV:PCLO - Post by User

Bullboard Posts
Post by Dmajormineron Mar 07, 2019 10:26am
115 Views
Post# 29454890

PCLO did not get included in the HMMJ for the March rebalanc

PCLO did not get included in the HMMJ for the March rebalanchttps://www.solactive.com/market-watch-north-american-marijuana-index-march-2019/

It was not included in the Solactive list of eligible candidates. I was correct in saying it was not listed long enough. So don't believe all these guys lies about it getting included when it did not even make the final list of candidates. 

It may get included in the HMJR but that index is super smallm and illiquid and talks are it may be abandoned to to lack of liquidity and interest.  HMJR would cause 25K to 35K in buying at most.

PCLO were also denied any quotas for the Columbian government. They got zero.  Therefore they now have to repurpose themselves to CBD. This is an area Khiron now dominates.  Good luck with that.
Bullboard Posts