Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yup, Sweet Mary Jane
Could be but I doubt it. Research shows anti-cancer effects of cannabis are naturally occurring. Topical application of cannabis oils are well absorbed transdermally. This is supported in the medical literature.
PATENT PROTECTION FOR NATURALLY OCCURRING SUBSTANCES
The extent to which patent protection is available for naturally occurring substances may tend to affect significantly the amount of research and testing that takes place with such substances.
During the conference on natural substances, no consensus could be reached on the definition of the term "natural". Had a definition been agreed upon, however, that definition almost certainly would have been different from the manner in which the term "natural" is interpreted in the patent law. A brief examination of some basic principles of patent law will demonstrate the problems that exist in this area.
Under the patent statute, 35 U.S.C. Sec. 101, anyone who "invents or discovers any new and useful process, machine, manufacture or composition of matter, or any new and useful improvement thereof" may obtain a patent for the invention, provided it is not obvious. In addition to the general patent statute, there are two laws that specifically address the patentability of plants. In the Plant Patent Act of 1930 Congress allowed certain plants that reproduce asexually to be patented, and in the Plant Variety Protection Act of 1970 Congress permitted certain sexually reproduced varieties to be patented. The purpose of these statutes was to reward the inventiveness of plant breeders who created new living organisms.
In 1980, the Supreme Court addressed the issue of whether a living organism, other than a plant, could be patented. Diamond v. Chakrabarty, 447 U.S. 303 (1950). Chakrabarty involved a patent for a human-made, genetically engineered bacterium which was capable of breaking down multiple components of crude oil. The Supreme Court held that the bacterium could be patented because it did not naturally occur in nature. In so doing, the Court stated that Congress intended the patent laws to "include anything under the sun that is made by man." 447 U.S. at 309. The Court further recognized that "the relevant distinction was not between living and inanimate things, but between products of nature, whether living or not, and human-made inventions". 447 U.S. at 313. The patent laws do not, however, embrace the "laws of nature, physical phenomena, and abstract ideas". 447 U.S. at 309.
In the area of "natural" substances, therefore, it is possible to patent a plant if the plant is the product of man's ingenuity. A new process for extracting a pharmacologically active constituent of a plant could also be patented, even if the plant could not. Genetic engineering techniques which enable scientists to create analogues of naturally occurring products are also patentable even if the organism cannot be patented.
The patent laws provide considerable protection for novel products produced by man and, therefore, should provide some economic incentive for researchers who wish to conduct studies with natural substances. [color=red]The patent laws, however, provide limited economic protection for research with a naturally occurring substance, even if research shows that the substance is effective in the treatment of a particular disease.[color=red][/color]
In the absence of patent protection marketing exclusivity may be obtained only if the researcher obtains approval of a new drug application (NDA) from the Food and Drug Administration. An NDA is a license that authorizes the manufacture and distribution of a particular drug for a designated purpose. It is individual to the person who holds it. No one else can lawfully market that product without first obtaining approval of his own NDA. In any event, the NDA process is very costly.
In conclusion, patent protection is available on a limited basis for those who develop innovative processes and uses for natural substances and for those who create new substances. Natural substances that occur in nature, however, may not be patented.
Exactly what I was thinking and why I bought the other cannabis stock that is profitable with a solid share structure.
That's why many here are critical. Revenue although growing is weak pps is low and there is little to no marketing. We also should be acquiring app companies like ANDI to increase growth.
Someone thinks so, nice buys coming in today
It's not irrelevant. It proves there is little to no interest in this company. Most here cannot trade b/c they are buried in losses.
Nice one
When is the cc scheduled with WL?
When is the conf call?
This has been posted in the ALL reports verbatim. It's some type of disclosure requirement.
Can't argue that the company has no IR relations with Investors but they are growing and that is paramount for success.
Lawyers. They get paid by the hour.
Has anyone emailed her directly and gotten a response?
And they don't need help marketing. 0 volume 0 interest
100 million dumped!
100 million dumped today! WTF!
Looks like Liebs is diluting so why aren't people complaining to him. He really doesn't care about this pps.
MM's are in charge here.No interest no volume. That is why the pps goes down20% on @1k of trades.
I agree with Cheche this company needs to market themselves or release some big time content deals. No one cares about DD machine it translates into 0 interest in this stock. Anyone who doubts this can look at the dismal volume. No new investors just longs holding.Netflix- app now delayed 3 months is not attracting investors either.
Not having to maintain the $ 0.10 pps is a Hugh difference. This should put all the r/s bs to rest. I agree pathetic not to proof read such an important pr.
Hey Raptor any chance WL could add no r/s to next pr. Think it could really boost investor confidence here.
Think you nailed it
What's IR's email address?
Response:
We have a long-term strategy in place and not interested in any type of outside marketing.
There will be more PR's and other types of marketing very soon, be sure to sign up for the blog if you haven't.
Thanks for the feedback and support
Email:
I have been a shareholder for over a year and have acquired a large stake in your company by averaging down. I believe in this company and feel you are positioned for success in this dynamic and explosive app market. I am however concerned about the lack of exposure of the company. Are you planning a marketing campaign to boost exposure? It seems you are in need of aggressive marketing. This is evident by the waning investor interest in the stock and lack of daily volume.
Also you are greatly underexposed in social media with a very poor number of hits on your website, blog and investor boards. I realize press releases are expensive but they provide exposure to a large audience, something this company needs to grow. The website is also in need of a major update and upgrade as it contains outdated and irrelevant information. Many investors are anxiously awaiting the Nexflix-like app and I believe the string of delays has scared away many potential investors.
I live in San Diego and would be interested in meeting with you to explore ways we can boost this companies exposure and value. I have contacts in the action sports marketing world who may be able to help.
0.02's gordo, that would be awesome. Great post!
Sent an email this morning. I'll post if they reply which they have never done.
Yes indeed...here we go!
And we are way overdue for news to ignite it.
Hang in there bro. Remember you and most here are holding out for the JV merger so the pps won't matter soon.
Storm,
Any word from the company about launching a marketing campaign. Many Investors here feel they need more exposure.
Thanks. Hopefully we won't have to wait long.
Oh no! Better sticky that.
I have a large stake in this company. I agree: Buyout, premium content deal, mega popular app. or major news are the only hope to end the low volume pps manipulation plaguing this stock. Bottom line, we need to attract investors. Hoping this ET/Google very positive news for the company is BIG.
One buy on the ask and the pps goes down? I don't get it.
Thanks for posting. At least IR has reasonable responses. Maybe there is hope here if a few billion shares are retired. I don't get why this "new" apptech wanted this bloated ss in the first place.
Looks like the Big boys want in on this multi billion dollar industry
My thoughts exactly and it will be a big run as funds are deployed and revenues continue to ramp up.
Well said. Nice trade and strong investment here.