RE:RE:RE:RE:Letter of intent, HyasynthBiologicalsfinginny wrote: Agree, I think the short term frenzie is all about the legalization, but the long term medical could be significant, thinking pain and stress management, parkinsons disease, cancer therapies, paliative .... and what damage this could do to some of the big pharmas.... which does sort of lead us back to the question of some big pharmas which have been confirm as sniffing around OGI...
Totally agree as well..I think this is a pretty strategic move that could pay dividends down the road for sure. The money and the margins are ultimately going to be in the medical side of things going forward. For now with recreation right around the corner all the hype is about rec and the big push to have it available...so that's fine, and we are very well positioned in that area along with now having our footprint out there with international deals..as I see it..eventually, and probably a few years out supply will meet and cover demands with all the expansions that are in the works so to diverisfy, and not put the eggs in one basket makes perfect sense to me...those that don't will see their profitability shrink over time as just marijuana production alone will become more and more competitive which will eventually drive profits down with it...so again I concur that we haven't even scratched the surface with the benefits that could arise from the company we have just aligned ourselves with....stress, pain management, cancer, multiple sclerosis, palliative management are all indeed areas that we could capitalize on rather than just simply growing and exporting which could get old..fast. Aligning one's self with a company that is in the process of getting patents for their groundbreaking discoveries seems to me to be a pretty smart move. Because all of those issues and many others are centered around healthcare and wellness, you know big pharma doesn't want to be upstaged by anyone..and they all have deep deep pockets. I think lately that Greg and his team have very capably demonstrated that they are deadly serious about building a world class company. OGI is looking very good on all fronts people and the best is yet to come..Let's hope for another good day...GLTA