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Khiron Life Sciences Corp V.KHRN.H

Alternate Symbol(s):  KHRNF | KHRWF | V.KHRN.WT.H

Khiron Life Sciences Corp. is a Canada-based medical cannabis company with core operations in Latin America. The Company has its wholly owned medical health clinics and telemedicine platforms. The Company has two product lines: Medical Cannabis Products and Health Services. It sells branded medical cannabis products to patients with medical conditions. Under the Medical Cannabis Products line, the Company is focused on product sales in Latin America. The Company operates its own network of health centers (operating under the Zerenia brand) and Zerenia satellite clinics offering a suite of health, medical and surgical services, in alignment with both insurance company partners and private practice. Its subsidiaries include Khiron Life Sciences Corp. (Canada), Khiron Colombia S.A.S., Zerenia S.A.S., NettaGrowth International Inc., and others.


TSXV:KHRN.H - Post by User

Comment by Benedictuson May 21, 2021 1:10am
324 Views
Post# 33246269

RE:RE:RE:Q1 May 28th + New PR Agreement

RE:RE:RE:Q1 May 28th + New PR Agreement I'm not discounting the long term potential of Khiron as they continue their clinic buildout, script issuance growth and expand strong Latam brand recognition. But to suggest any credible analyst would suggest this company is worth $3 a share or a 600M fully diluted market cap in a few months is frankly ludicrous. For reference, a 600M market cap would be even higher than the pre private placement blowoff top when shares traded well over $4 per share, during the height of marijuana mania. Important milestones will be in the coming quarters as this company finally starts to erode the ongoing massive quarterly cash burn to mitigate the possibility of another dilution event. They have built a solid foundation and are now executing very strongly but early successes in Columbia does not at all equate to Latam domination. 
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