RE:CMM A MUCH BETTER "GAMBLE" .... CANABO MEDICAL INC.
Unaudited Condensed Interim Consolidated Statements of Comprehensive Loss
For the periods ended January 31, 2017 and 2016
(Expressed in Canadian dollars)
Revenue - 3 months ended Jan 31,2017 - $858,661
Cost of Sales - $385,640
Expenses - $4,041,731
Net Loss and Comprehensive Loss ($3,568,710)
So lets compare value here of CMM and CHV
CHV reported revenue of $1.7mln for the same 3 months ending Jan 31,2017
CHV is a late stage pending Licensed Producer awaiting Health Canada Inspection - 14,500 sq foot facility
that is virtually complete. Last week we saw Canopy acquire a late stage applicant for $37mln. You tell me
where the better value is?