Post by
alleyesonme on Dec 30, 2021 11:09pm
No miracles needed.
"This business continues to develop with the approach of FDA patent challenges for current forms of generic drugs""...plus first advanced CBD isolate deliveries to traditional pharma...this is no LP...they have the DEL and now the pharmaceutical doors are open...50m market cap....are you fackn kidding...so many have been burned however 2022 is going to be a really big " comeback year".....heavy lifting is done...new leadership was needed...my top pick for the new year.
Comment by
anjz661 on Dec 31, 2021 1:01pm
Agreed, the heavy lifting is done. They are in a good place right now and 2022 could have a favourable outcome. I strongly suspect they aready have a plan to deploy that cash to increase profitability as well.
Comment by
allibabba on Dec 31, 2021 1:25pm
To your point mdjbrown, 80% of CBD companies are in dire straits. Only two or three will survive. The undertaker will be busy in 2022 with MJ companies.
Comment by
anjz661 on Jan 01, 2022 9:10am
I always think of this at the retail level, when a neighborhood gets complaints that there are too many MJ stores in a particular neighborhood, give it a year or two, they won't all survive.
Comment by
gossamer3 on Jan 01, 2022 8:22pm
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