OTCPK:EMMBF - Post by User
Comment by
ledrogon Jan 19, 2017 9:11pm
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Post# 25731778
RE:Valuations
RE:ValuationsExpectations are forward looking and safe harbour protected, thus there is no assurance that they will be met. I would take a long hard look at the management team to gauge what experiene they have, if any, in managing profitable businesses.....there are lots of companies jumping into the MJ space right now that are sketchy....former mining companies that never developed a successful mine are now rebranding themselves as Cannabis plays.
That's where Stewart's involvement here comes into play for me with Emblem....I don't think there a single publicly traded MJ company out there that has someone with experience in running a billion dollar pharma company.
Consider all the indications medical marijuana is said to potentially address....pain, depression, glaucoma, epilepsy, dravet's syndrome, there may be cancer applications, anxiety and other mental health conditions, alzheimers, MS....
Ahhh heck, check em out yourself, this site lists 23 in total:
https://www.businessinsider.com/health-benefits-of-medical-marijuana-2014-4/#c-slows-the-progression-of-alzheimers-disease-7
There are bio/pharma stocks out there with valuations in the billions based solely on speculation about things like cancer treatment....Emblem imo has a much quicker path to revenues and profitablity and with Stewart's experience I very much like there chances to succeed.
But of course there are other choices out there so good luck with them.