OTCPK:GBGPF - Post by User
Comment by
pricecollectionon Feb 27, 2017 8:54am
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Post# 25897356
RE:RE:RE:Financials
RE:RE:RE:FinancialsNice work there farmer.
As for my opinion, i truly believe that cannimed will be the market leader when it comes to the medical side of the business. PErhaps, in the future, they may invest some money in acquiring a stake in an existing LP to have some exposure in the rec market. however, they wont do it by changing their brand image.
Like the ceo mentionned in the past, the rec market will be congested with several LP's. there will be lots of fierece compettition.
As for the medical side,with their gmp compliance, they will be able to service the medical sector as the needs of opiod based medciation is changing.
there are several catalysts on the way for cannimed
1- Q1 financial results. Looking good so far
2- LOI with cresco to supply the medical side to Europe
3- DEA application for license amendments in the usa to suply and perform research
4- Phase 2b trials!!!! huge for new medication... Rememeber there are only 3 phases and if approved, the medication will get marketed for sales.
5- Expansion of current facility
6-Completion of sub terra with michigan
7- US so far is more favorable to medical than recreational
8- health canada approval for Wafers with CTT pharma
9- Very low amount of shares available
10-Only 250 million cap !!!!