Core One Labs Inc C.COOL

Alternate Symbol(s): CLABF

Healthcare Cannabis

Core One Labs Inc. is a Canada-based life sciences biotechnology research and development company. The Company is focused on bringing psychedelic medicines to market through the development and production of psychedelic compounds, the advancement of psychedelic assisted treatments, and the integration of delivery systems technology. Its subsidiary, Vocan Biotechnologies Inc., has developed and filed for patent protection of a proprietary psilocybin production system using engineered bacteria. It is also the holder of four provisional patents for the development of psychedelic-based pharmaceutical formulations targeting neurological and mental health disorders, under its subsidiary Akome Biotech Ltd., and three provisional patents under its other subsidiary, Awakened Biosciences Inc., for additional synthetic technologies for psilocybin and psilocin production methods. It also holds an interest in four medical clinics, which maintain a combined database of more than 275,000 patients.

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Core One Labs Inc

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Comment by KM24207on Nov 17, 2016 10:44am

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Post# 25474748

RE:RE:RE:Recreational Marijuana likely not for sale till Jan 2018

We aren't even valued at "Medicinal use only" levels yet:

California has 750,000 registered medical users, my research from other states shows they spend ~$300 per year on MMJ.

750,000 X $300 = $225M per year.

If we are able to capture only 2% of this market, thats $4.5M and with the very helpful table Danny has put out, at 17 times 2017 earnings (current valuation of the peers) this gives us a market cap of $76.5M USD or $100M CAD.

THAT'S ONLY 2% OF THE MEDICAL ONLY MARKET... 1 IN 50 MEDICAL USERS!

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