OTCQX:PHVAF - Post by User
Comment by
xtrah77on Jan 30, 2019 11:04pm
119 Views
Post# 29299885
RE:What happened to $1?
RE:What happened to $1?
Now is a good time to buy back in. Phivida will need their products approved by the FDA - that's what we are waiting for. Once approved, they will be permitted to export their CBD health and welllness products accross state lines and nation wide.
https://www.marketwatch.com/story/despite-hemp-legalization-fda-will-still-consider-cbd-products-illegal-2018-12-23
They have a joint venture with WeedMD which gives them access to Canada as well. WeedMD has a supplier agreement with Shoppers Drugmart - the largest retail pharmacy in Canada.
https://www.weedmd.com/weedmd-and-phivida-sign-definitive-agreement-on-cannabis-beverages-inc/
https://www.weedmd.com/weedmd-signs-supplier-agreement-with-shoppers-drug-mart/
I was originally introduced to Phivida through an article in a magazine that the CSE publishes called Public Entrepreneur. Check out the article in Issue #2.
https://blog.thecse.com/public-entrepreneur/
I have been tracking Phivida for about a year and I have noticed that they keep their website up-to-date and continue adding well-known professionals to their management team and board of directors. Other than that, they don't disclose very much, but then again, there is no point in releasing "fluffy" news when investors can see right through it.
Good things are coming...imo. Good Luck!