RE:Thursday September 17th at 12:30 pm I just took in the Vitual Life Sciences Investor Forum, the presentation was exactly the same as the one on Tuesday at the Wainwright Virtual Conference so nothing new to report.
I did submit a question about Shoppers however Elsley used his full 30 minutes so he didn't address any questions.
With respect to the branding of Cortalex vs. Cardiolrx, not sure the reason for the change in branding name however I think it does speak to issue as to why the product isn't in Shoppers yet.
CRDL explained the delay with Shoppers was due to a Health Canada issue, I'm suggesting it had to do with the regulation on THC less 10 micrograms per gram. CRDL had always stated theirs is less than 5 and had branded Cardiolrx that way.
However as simple as it sounds I'm guessing CRDL was offside on the regulation because they didn't state less then 10 micrograms per gram.
I'm also guessing that both Cortalex and Cardiolrx are under 5 however they have to comply with the HC regulation in branding, so they are now going with 10 micrograms per gram (slide 30 today showed Cardiolrx < 10 ppm - that's a change from < 5 ppm).
If this is in fact the reason for the delay with Shoppers, I'm even more bullish on CRDL!!