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Core One Labs Inc C.COOL

Alternate Symbol(s):  CLABF

Core One Labs Inc. is a Canada-based life sciences biotechnology research and development company. The Company is focused on bringing psychedelic medicines to market through the development and production of psychedelic compounds, the advancement of psychedelic assisted treatments, and the integration of delivery systems technology. Its subsidiary, Vocan Biotechnologies Inc., has developed and filed for patent protection of a proprietary psilocybin production system using engineered bacteria. It is also the holder of four provisional patents for the development of psychedelic-based pharmaceutical formulations targeting neurological and mental health disorders, under its subsidiary Akome Biotech Ltd., and three provisional patents under its other subsidiary, Awakened Biosciences Inc., for additional synthetic technologies for psilocybin and psilocin production methods. It also holds an interest in four medical clinics, which maintain a combined database of more than 275,000 patients.


CSE:COOL - Post by User

Bullboard Posts
Comment by Jared1111on Apr 24, 2019 5:18pm
192 Views
Post# 29666429

RE:RE:Not a single interested partner

RE:RE:Not a single interested partner

We're getting $5 per ten pack, not per strip. They're wholesaling for $0.50 per strip and retailing for around $1 per strip, or $10 per ten pack.

Their revenue projections for Cannastrips are, as you said, $14 million. That means they're planning to sell 28 million strips this year. And yes, they are capable of making 500,000 strips per day, but no one is anticipating the demand for a new product like Cannastrips to exceed our production capacity in our first year of production.

Bullboard Posts