The main reason the pps is still low is because we are not there yet. Once we get news that we are applying for phase 1 it will be a different story. That takes knowledge time and money. My son works at a company where they receive pictures of acnes allergies and pimples and they treat them with a cream one by one. Their monthly advertisement cost last year was 200k and this year 600k because they tripled their sales. They have no talk for going private yet.. C
Imho the only way to play Cnbx is to consider it a loooong term option that maybe one day it will hit. I believe one shareholders termed his investment in Cnbx that way..

We already have good results. What bothers me is what jim replied to me that their mode of operation will be: doctors will send them biopsies of their cancer and Cnbx will send them the appropriate cannabis formula to treat it. This is labor intensive. I do not think big pharma want to deal with something like that. Jim correct me if I am wrong. In any case Cnbx has to go thru stage one with an approved mode of clinical trial. If that happens than things will start to get interesting but not because of big pharma. Cnbx will be more valuable because if 3 years down they get approved they will start to charge for their service and make money..

Jim:

I believe u r getting impatient now. A buyout will not happen for a while. Usually it happens when a company have done stage 1 and 2 with promising results. We are few years away from that if any. I hear your uh frustration. They hired uh a person that uh supposed to be able uh to make uh contact with uh big Pharma.

Who is Barhart please?

What taxes?...they hardly have any revenue.

Jim:

It could very well be the start of tax selling season and bad market days. Also I used to get to read many MJ news where CNBX was always mentioned as a medical MJ with potential. I believe this has stopped now for about 2-3 months with just talks about the valuations in CGC and TLRY. nOW THE LATTERS ARE COMING DOWN so we follow the same path.

Do you have a link that shows the short interest for CNBX.? Thank You.

9 millions in royalties is nothing to sneeze at. I also hope they do a better job marketing that time release palliative pill.

Thank you for your research. I am weak in that. I was hoping for a doctor reply and you sound like one. I appreciate. ALLOGENE (ALLO) which went public on Thursday is all about treating cancers in the blood. I was lucky to know someone who was able to get me 200 shares at IPO price of 18. Just to show you how much CNBX have to go TO SUCCEED. ALLO is worth 2 billions plus 1 billion of intrinsic value and their goal is 5 years. M. Funds poured money into it after it went public. However the real winners are the VC and other financed debt that went before the IPO.
I invested before in other Israeli companies (SPCB) which have not done well. I am betting on the smarts of the Israelis. Unless CNBX finds a big partners with deep pockets, the chances are 50/50 or less to succeed.
Again, let's watch the volume in the next 2 weeks.

That is great news for the patients.
Do, you think that the MJ can only help with tumors and epilepsy. ?

Basically I am trying to figure out if it cannot help with blood diseases.
Thanks
Fred

A company went public at 18 today on Thursday, SYMBOL ALLO. If you can read the summary of what cancer they are trying to develop a drug for is amazing. They raised millions before the IPO AND DURING. I read that their market cap is 2 billions plus 1 billion of intrinsic value and they say they hope to accomplish their goal in 5 years. Renal cancer, leukemia, blood cancers...etc. That is why I am saying CNBX NEEDS a partner that wants to get into MJ cure.

Let's watch the volume next week AND THE WEEK AFTER and see if there is any interest to what was presented. Tax selling loss is the next 2 months. I thought we would break 70 cents next month. With this kind of a market and tax selling we might break 60 cents. Will some company step up and partner with CNBX.?

What happened to "I am in for the long haul"?. We all make the mistake for not waiting for the potential golden egg. The grass is always greener somewhere else.

JIM:

We have new investors at 75 cents. I view this infusion of money as necessary and important and needed for the next 2-3 years and then we will need more money then hopefully at a higher stock price. Now we need time and good news. Unfortunately very few people will hold for 3 years plus.
Just now there is an ask of some 45k shares.
We can easily break 70 cents in the next two months. I appreciate your comments but not on the stock price (everyone has his own opinion) but on the 7.5 millions infusion.
Thanks
Fred

One of the reasons that I said CNBX will go to 80-90 cents is because of tax loss in November-December. They need money and a big Pharma to drive thru the process towards a drug, Well, now they have money with this dilution which could be enough for 3 years? if they go at it alone?

The process for a new drug takes years and money. Today they have money to proceed. Good luck. Dilution was inevitable even with a big pharma.

WOW. Nice of you. If there is a list of the companies who will attend, let us know the link. For me, it will also be nice to know if CNBX WILL have 1 on 1 meetings with some big pharma. Appreciate.

If there is no other news, I see 80-90 cents November/December due to tax losses. A lot of people bought all the way to 3 dollars and some will sell.

However, I agree with your assessment looooong term.

Hi Jim:

No. I was making a comment about the PR that they informed us of the good results from the pre clinic and that they would like a partnership with some pharma. I was informing people that as much as it is important to get good result it is important to note that drugs are years away because of all the regulations to go through (phase 1, phase 2....etc). Most of the 2 millions shares where people bought hoping for a ride are now disappointed and will be selling in november/december to take a tax loss.

As to your comment about a price for a buyout, this is too early to dream like that. We need a partnership with deep pocket to take us through.
The key is to get a partnership hopefully within a year. That is when I will start to get excited. We need money and marketing. That company that had an option to buy 1 million shares at 2 dollars in May passed on that option because it is too early. They were not willing to wait 2 to 4 more years. They are already invested with their first purchase. Most people will not wait that long, like you.

If you read the PR CNBX is hoping for a partnership. This good result is pre clinic. Would you say a partnership with a regular big pharma will be better or another deep pocket Cannabis that is also in the medical field? We are talking about years to develop anything. Phase 1, phase 2 or orphan drug. Once we get the partnership I believe the sky is the limit.

This news should make it a little easier to find a big partner to push us thru the finish line.

IMHO nothing will happen to CNBX stock price until they make a joint venture with a big pharma for extended release pill and or inhaler. Big pharma has the marketing and money to use our expertise. I believe we added to the board a person that might open up some doors. If we do not get such a partnership, I believe CNBX will flounder. GLTA.

I remember WANACAPS because you informed me about them before and I tried to buy them or I sent them an email with no reply. Case in point they only have some 2900 dollars in revenue from the last quarterly report. Definitely not marketed properly. Look how CBD oil products are marketed everywhere. I bought a spray of CBD oil that I spray in my mouth under the tongue and I also bought CBD oil balm and CBD oil balm extra strength to rub on my knees. I spent over 300 dollars in the last 6 months on CBD oil.

Again, I like the fact of the latest addition to the board. The right person can make deals happen. Maybe one day a door will open because CNBX have less than 3 millions in cash left. To me it was a negative when the company that had an option to put more money in May and did not exercise that option.

Thanks. So SEEDO needed infusion of money to build their inventory and sell their product?

Just thinking out loud.
CNBX now have a stake in SEEDO who will sell a device that let's you grow your own Cannabis organically.
Seedo will make some money but not CNBX. CNBX equity or investment in Seedo goes up in value as a result.
CNBX still need cash for its research. Today's director addition addresses that need.
I have watched in a video how to make your own CBD (extracting all the hallucination and harmful part) and it is not an easy process.

Correct me if I am wrong but I do not see how CNBX will profit from this partnership.

Until CNBX comes up with their extended release pill or spray CNBX will flounder. They need infusion of capital but more importantly a partnership with a big company that will take that process to completion. Again today's addition to the board is proving to me what I am thinking is correct.

Anybody's reply to straiten out my thinking or agree with me is welcome.

My take is that there is / are studies with results coming soon. If that / these do not push it up and the VC that was supposed to add 1 million shares at 2 dollars in May do not add at 1.05 or so then it does not look like we are close to anything. CNBX will definitely try to impress them to invest and if they do not then I am not too optimistic short term.

What say you?

All stocks are shorted. Besides owning NXTTF I also own CNBX. You can see the short volume there too.

Fidelity is reporting that CNBX filed a 13f on 04/20 which lists the top holders of CNBX STOCK. Can someone more internet savvy than I am find the list?...thx.

Any idea why today and last Friday CNBX IS UP on more than twice the average volume?...Was there an article somewhere.? nice 20% up from the bottom.

If the VC company buys 1 million shares in the next 2 months at any price then I feel we arrived.

Thx Jim I already send an email to ask a question which Wana to order for muscle spasm.

Midnightmatt: do a search on Wana product and click on the the product and I was able to get a link to order. Maybe Jim can provide the link. I am having a hard time to find it again.

I am very very happy you sent all these links as I am currently taking BACLOFEN 10 MG for spasm and it is giving me sharp pain in my head.
So, I will order Wana pills. Actually Wana pills have a new released pill, so I have to decide which one to order. I know Sessions killed our first rally but I also think that when the market corrects the first stock that goes out of your portfolio is the riskiest stock and the one that can raise cash in your account if you are on Margin. Maybe some advertisement might help selling these. Looking forward for some action in the next 3 days in CNBX due to the convention and in a month or two from the result of the 2 studies.


http://www.westword.com/marijuana/wana-brands-releases-indica-sativa-options-for-long-lasting-pills-9346011

U SAID 'The company and its products are top notch". What products?

The VC needs to see like us results first before pouring any more money.
Distribution channels need to be set up to sell the time release pills when they are ready...etc

I added some more today at 1.22. I saw a lot of bids (20k) at 1.20 and 1.21
and obviously they are trying to take advantage of weak hands. I am not flipping my shares as I am holding for over 2 dollars since I believe cnbx will have good news in the next 2 months that will propel us over 2 dollars
On top of that if the VC that have an option to buy by May 2018 1 million shares at 2 dollars will help a lot.

I bought at the very last second. I wonder what was the action the last couple of days. I do not think what Jim posted caused all that.

I bought some more at 1.35. I noticed that IHUB gives you the number of trades and it was 799 for today and since we traded more than 800k shares that tells me that some of these transactions were for more than 11k a pop.

Besides JIM992 research, I believe the most important fact is that a VC company that invested at 1 dollar and bought 1/2 million shares ALSO at 2 in January 2018 still has a 1 million share option to buy at 2 by May 2018.

Also CNBX hired someone, they say the best in the field, to handle the data base. CNBX is also developing a new lab for their R&D (machinery FOR THE LAB was bought in January for roughly 800k in JANUARY 2018)

Jim992 : I posted your research in Yahoo....hoping this will help.

Since it looked good I abandoned my 1 dollar bid and bought some more. The only news I see is our doctor is speaking at a conference before important 2 studies results are announced. Also it did not hurt that we bounced 3 times from 1.04 and 1.05. Also Friday was a nice volume, thanks to you?

Someone wants to sell more than 32k shares at 1.14 and only if they have to sell (margin call or other) we might retest 1.05 again. I have orders at 1 dollar even as I do not wish we break 1. As for getting your money back I think April/May will be your chance.

You definitely stopped CNBX from going lower today than 1.05. I hope I do not have to test my bid at 1.00. We stayed a long time between 1.03 and 1.06 before the rally to 2.99, so maybe this will be the base. Good luck.