GB Group Ord Shs GBGPF

RE:Cannimed is very prudent right now

[Dcowboy31]

pricecollection wrote:
here is my 2 cents worth.

Based on the prospectus and all the research that i have done on cmed, they seem to have a very prudent approach. As of now, they are focusing heavily on the medical side and their goal is to be the supplier of choice for pharmaceutical companies in the future. Perhaps, if the future moves on from opiods  to cannabis, they can be very profitable.

Also, i have a big feeling  that cannimed will only start planning for recreational only when there is confirmation that it will be legalized.

imagine if legalization does not go through. What will all the cpmpanies out there building huge facilities do?? They will lose a ton of money and will not be profitable and their stock price will get destroyed.

Cannimed realizes that if recreational goes through, they will have time to raise money, build a facility or even invest in an existing LP to get their exposure...

WE just need to patient. Our quarterly is due in the next 2 weeks. We will get a better understanding of our financials...

lol you really think that all these companies would not be in contact with the government about legalization and haven't been re-assured that it will happen before spending hundreds of millions of dollars on these huge expansions?? Not a chance.