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.
My broker told me to do the same thing back in 1998 when I told him I wanted to buy Amazon!
Photoshop? Metered dose inhaled (MDI) devices aren't really anything new technically speaking. A HMBLT Dose Pen is available in dispensaries in California today and offer better dosage control and specific formulation of cannabinoids and terpenoids for effect. Bluetooth enabled vape devices are also not new as Pax has vape pens that are bluetooth controlled. So the technology exists and is far from being "vaporware" (excuse the pun). The valid part of your query @highlandernew is whether MYDX dose pen will hit the market as soon as rumors say it will?
FDA Admits CBD Has Medicinal Benefit, Asks Public for Input - MERRY JANE
https://apple.news/AtIEx_dTSQhyT8G9W6H9nzg
This looks like a potential opportunity for MYDX to me.
Now you're hitting the heart of the matter for the US cannabis industry. Keep in mind that Canada has already decided to go live with it's full legalization by 2018 and Mexico is in the midst of similar legislation. The US cannabis market is the most developed in terms of production, process, monitoring, and diversity of products from flower, concentrate, topical and edible submarkets. However, the profits are relatively small due to FDA scheduling that prohibits these companies from claiming normal business deductions. Yet the tax revenues already generated has lubricated the legislative machine enough to recognize that this 'cash cow' cannot be allowed to die. The more the President slips in the polls, the more his AG comes under scrutiny, then the more states will use leverage to assure that their constituents basic rights to life, liberty and the pursuit of happiness are being protected. Cannabis as medicine is real and ike healthcare, this could become a political hot potato. The most recent federal budget, effectively defunded cannabis law enforcement in states that have voted in favor of some form of legalization. If congress does not act and let Canada and Mexico grab the top of this industry, it could be hell to pay in the 2018 midterm elections.
Isn't spectrographic analysis kind of specific? If a substance produces a chemical fingerprint that matches another, say from a different state and verified by a centralized database, wouldn't that lend to conclude that the substances are the same--even if called by different names? Neilson uses similar, crowd data type of sampling to gauge ratings for television. Why is this any different? There is brilliance in getting crowd sourced data and while some may criticize it, no one can deny its correlative integrity.
Analytics properly utilized should lead to greater efficiency, safety and profits. Now if only Federal government can get fully on board before Canada and/or Mexico takes it all to the bank. #LetScienceLead
Smart business.
????????
What does 3rd party mean? Are they licensing technology from MYDX or completely separate?
I don't think that's the point. MYDX is not about the analyzer but having their crowd sourced data in the process no matter who makes a device.
We are starting to take the view that this is a social network company more than a device technology company. The core asset might actually not be some amazing handheld analyzer. It might be a database.
http://oracledispatch.com/2017/05/07/heres-story-mydx-inc-otcmktsmydx/
Does anyone know any specifics about the 3rd party relationship between MYDX and http://hmbldt.com/# ?
Thank you for taking the time to compile and post not just your thoughts and feelings, but also citing references. If you don't mind, do you think that pumping this process of debt and dilution is unique for startups and if not, less or more worrisome for investors? Do you know of any other company that may have used this as a path to success? How much weight do you give to the moat that MYDX has with regard to their sizable IP/patent portfolio? Thanks.
*now *know (sorry my keyboard was sticking)
I agree with looking forward and also would like to know how the company will market it's new pen device and maximize their IP. Have they exhausted their ability to do PR at this stage in their business development? Would really like to know the proven track record of the very smart person that they have in this area. I'm long, but if they can make settle this concern or make this adjustment, I would load up.