GrahamB wrote: It was quoted at 105-400 million believe it or not...(see below)
Sad , but many of us predicted this.
You May recall Niet said he was in real estate promoted/supported this?
I suspect the medical licence will be sold next
Unfortunately, in my view, PEA will not amount to much.
What evidence is there that it is any better than PEA?, which in turn hasn't taken off after being known for years
Why didn’t big Pharma scoop up this well known story ?
Why doesn’t s someone buy Therapix that has products farther along(and why Is it having trouble getting funds and was notified of intention to delist from NASDAQ)
TORONTO--(BUSINESS WIRE)--FSD Pharma Inc. (“FSD Pharma” or the “Company”) (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) announced today that the Company’s facility and land located at 520 William Street in Cobourg, Ontario has a Fair Market Value of $105,000,000 according to a recent Comprehensive Property Value Assessment by a commercial real estate assessment specialist issued on November 20, 2018.
In the opinion of the commercial real estate assessment specialist, the property as a whole at the time of completion and operation of approximately 3,000,000 square feet would have an overall property value of an estimated $420,000,000 (at an average cost of 250 dollars per square foot to build out). At full capacity, the facility is expected to produce 400 million grams of dried cannabis flower per year.
https://www.businesswire.com/news/home/20181128005094/en/FSD-Pharma-Facility-Valued-105000000-3000000-ft