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Bullboard - Stock Discussion Forum Goodbody Health Ltd GDBYF

Goodbody Health Ltd is a wellness company operating in both COVID testing in the United Kingdom and as a vertically integrated cannabinoid CBD company that operates in the United Kingdom and the European Union. It has interests in COVID testing clinics, CBD extraction, wholesale bulk isolate, and distillate sales, retail CBD and white label sales, cannabinoid laboratory testing, and medicinal... see more

GREY:GDBYF - Post Discussion

Goodbody Health Ltd > People need to actually read and comprehend the NR
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Post by Uknowit on Dec 12, 2019 6:59pm

People need to actually read and comprehend the NR

Based on Stil’s news, they are producing 80 kg of CBD isolate/day. As per the Biosciences rate, that is $240,000 of product/day. If they operate for 300 days over the next year, that is $72 million. Their 2nd facility opens in Jan. The market cap for STIL is currently$30 million. Where is it going from here? Up. And this is just for the Poland facility. 

Stil is about 6-8 weeks behind schedule due to work that had to be done on the Nexus facility but they're delivering. Don't expect instant gratification on a start up company. If you expect to make $ overnight this isn't the play for you. Just look at their accomplishments to date and you can see they have proof of their business model.

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