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Vir Biotechnology Inc V.VIR


Primary Symbol: VIR

Vir Biotechnology, Inc. is an immunology company, which is focused on combining cutting-edge technologies to treat and prevent serious infectious diseases and other serious conditions. The Company's clinical development pipeline consists of product candidates targeting hepatitis delta virus (HDV), hepatitis B virus (HBV), and human immunodeficiency virus (HIV). It also has several preclinical candidates in its pipeline including those targeting influenza A and B, COVID-19, respiratory syncytial virus and human metapneumovirus (RSV and MPV), and human papillomavirus (HPV). The Company's pipeline includes VIR-1949, VIR-7229, VIR-2981, VIR-8190, and HIV Cure. It also engaged in developing tobevibart, a monoclonal antibody also known as VIR-3434, and Elebsiran, an siRNA also known as VIR-2218, for the treatment and suppression of chronic HDV. Its Elebsiran is an investigational HBV-targeted siRNA that reduces HBsAg, a protein which is required for the HDV viral life cycle.


NDAQ:VIR - Post by User

Post by buzzbunnyon Aug 26, 2018 11:04pm
46 Views
Post# 28520295

High Margins... Coffee and Cannabis

High Margins... Coffee and Cannabis

Second Largest Coffee Chain in Canada, Second Cup, to Sell Legal Weed

The only coffee company with more locations in Canada than Second Cup is Starbucks.

Aug 26, 2018
An employee makes coffee foam art inside a Brown Coffee Co. cafe at the T.K. Avenue shopping area in Phnom Penh, Cambodia, on Thursday, July 26, 2018. In this story, we report on how Canadian Coffee Chain Second Cup intends to convert some of its cafes into dispensaries.

(Photo by Taylor Weidman/Bloomberg via Getty Images)

Several Second Cup locations in Ontario might be trading in coffee beans for buds. The international specialty coffee chain revealed last week it’s reviewing plans to convert fifty Ontario-based locations into cannabis retail stores.

The company is partnering with National Access Cannabis (NAC), a medical cannabis clinic manager seeking to expand a recreational cannabis retail chain called Meta Cannabis Supply Co. into Ontario. The partnership between Second Cup and NAC was announced last April.

The decision to move into Ontario follows the province’s recent legislative change, which will allow private businesses to sell recreational cannabis. The previous government’s plans only allowed government-operated dispensaries in the province.

Second Largest Coffee Chain in Canada Second Cup to Sell Legal Weed0 Second Largest Coffee Chain in Canada, Second Cup, to Sell Legal Weed
TORONTO, ON – FEBRUARY 13 – Second Cup coffee shop at the at the 2016 Canadian International Auto Show held at the Metro Convention Centre in Toronto. (Vince Talotta/Toronto Star via Getty Images)

Second Cup locations will be converted based on estimates that they’ll make more money as dispensaries than cafes. Coffee shops near hospitals or schools won’t become dispensaries, nor will locations in cities that have declined the retail sale of cannabis, The Toronto Star reports.

Canadian cannabis legalization is scheduled to launch nationwide on October 17, though the abrupt legislative change puts the province out of step with the rest of the country. New plans for private retailers mean recreational cannabis sales in Ontario won’t begin until April 2019. 

Ontario now joins provinces like British Columbia, Alberta, Saskatchewan, and Winnipeg, which have also implemented a free-market approach to cannabis retail businesses.

Second Cup is a specialty coffee chain that was founded in Toronto in 1975. It currently operates in 130 locations across the globe, including the Philippines, Angola, and the United Kingdom. 


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