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Willow Biosciences Inc T.WLLW

Alternate Symbol(s):  CANSF

Willow Biosciences Inc. is a Canada-based biotechnology company. The Company develops and produces precision fermented functional ingredients for the health and wellness, food and beverage and personal care markets. Its FutureGrown biotechnology platform allows production with sustainability at its core. Its commercial product, Cannabigerol CBG, which is a cannabinoid that has anti-microbial, anti-inflammatory, and antioxidant properties. It also offers BioOxi, a bio-oxidation technology platform. By leveraging BioOxi, commercial partners can revolutionize manufacturing of oxygenated and hydroxylated functional ingredients, such as steroids, polyphenols, oxyterpenes and certain other targeted ingredients produced from such methods. It is also developing BioOxi-based process for production of the generic active pharmaceutical ingredient (API), hydrocortisone, and its derivatives. Its other pipeline products include Ursodeoxycholic acid (UCAC), Astaxanthin, B-carotene and others.


TSX:WLLW - Post by User

Post by jermiah777on Jul 23, 2021 2:50am
318 Views
Post# 33594870

New presentation on website

New presentation on websiteTheirs an interesting phrase on the update. I will quote it. Strong financial position PAGE 13 STRATEGIC INDUSTRY AND FINANCIAL PARTNERS POSITION WILLOW FOR A STRONG FUTURE PERFORMANCE In February 2021, raised $28.75 million via prospectus offering to support research, strain development, scale up and commercial launch $77.3 million raised to date with management and board investing more then $8 million personally into Willow March 31st, 2021 cash position equals $46.5 million with no debt Strong insider ownership at 31% Aligned with shareholders Insider's performance incentive achieved when WLLW has 20 day VWAP of $3.50 per share Funded to commercialize production Moved to TSX in Dec 2019 (TSX: WLLW) Trade on OTCQX Best Market (OTCQX: CANSF) What does this 2nd to last point mean?
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