Emblem Corp EMMBF

who is selling at these prices

[GrahamCracker]

Who in the world would sell at these prices?  I just seems crazy to me, maybe i'm missing something.

[greenup]

until idiots at the helm of this company  dont come up with something major and tangable, people will keep dumping this.

[wictor11]

as a shareholder i would love an update on what is happening. what's the game plan here.  current share price reflects sentiment and the unknown imo.

[gkmackdadzzz1]

This post has been removed in accordance with Community Policy

[AmbitiousTrader]

This post has been removed in accordance with Community Policy

[Skyscraper31]

This is exactly why you should never invest more than you can afford to lose without a 5-10 year timeline of potentially needing your money. They haven't even started selling the capsules yet...isnt that why everyone is here? Thanks for the cheap shares tho! One man's loss....

[deminimis]

Nice try. A 38K loss on 72K shares at today's price implies that you bought the shares for about $2.00 but 13 months ago they were trading between $3.50 and $4.00. They didn't touch $2.00 until June. 

[Skyscraper31]

Nice catch. Buddy is just looking for sympathy I suppose. Wrong forum for that I'm afraid! Anyways, back to business and why I wanted to post: does anyone have a comp to research plausible price point of the capsules? I assume margins will be substantial relative to other products like dried flower...but would they be priced similar to other pharma grade pain opiates...ie oxycontin ;)...or

[deminimis]

Canopy sells capsules for 10.5/gram, Medreleaf sells them for 16/gram. Based on the pricing of other products I suspect the capsules that Emblem will start selling in the summer will be priced closer to Medreleaf. These will just be the oils they are currently selling in a capsule form. The sustained release formulation that is due out next year will likely be able to command a higher price point

[daryan1]

What do you mean by "selling through pharmacies"? I thought Emblem can only sell its products through its own website? What pharmacies are going to sell Emblem products?

[deminimis]

You are correct that currently Emblem's products are only available for sale directly from them through their website. Most believe that medical sales will eventually move away from the direct from LP to consumer model and move to pharmacies (the way all other prescription medication is distributed). While this will hurt Emblem's margins (since the pharmacy needs to take a cut) it would

[brentkosta]

This post has been removed in accordance with Community Policy