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Core One Labs Inc C.COOL

Alternate Symbol(s):  CLABF

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.


CSE:COOL - Post by User

Bullboard Posts
Comment by KM24207on Nov 23, 2016 10:01am
60 Views
Post# 25501500

RE:Highlights from chat with IR

RE:Highlights from chat with IRWow - Thank you for this excellent summary Cloreen...

Perhaps we all just need a bit of patience, if the plan as you've stated is followed, this seems to me like a much more robust company than the greenhouse-grow ops. of Canada that have gone vertical.

As Danny D. mentioned in his article last night, the news release yesterday is a huge deal, it most likely prevented the sp drop that other companies saw yesterday (20-25%).

I feel that as soon as revenue is being generated, the interest will spike and for the life of me, I can't get my head around the valuations of Canadian companies that are currently only able to sell to the ~100,000 or so Medical MMj patients in Canada.

LDS has a market of nearly 40 Million.... just sit on that for a minute. So if 18% were users that gives us 7.2 Million potential customers versus Canadas current 100,000. Once Canada legalizes, using the same 18% of the population uses recreational marijuana, that still gives LDS a much larger potential client base!

And I didn't even mention the number of tourists that go to California versus Canada. Although I haven't yet read the numbers, I have a feeling there are a lot more people going to California in a year than going to Canada!






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