OWC Pharmaceutical Research Corp (OWCP)

[moxa1]

The company stated that the cream would be "market ready" by Q3. That does not mean on shelves. We have not yet heard from the company about sales. It is entirely possible that we could start selling the cream in Israel or elsewhere as soon as the IRB safety studies are complete. What might be blockbuster news is the announcement of a JV/partnership/merger with a pharma company. We are conducting far more studies with our cream than is necessary for a cosmetic IMO. We might be making it into a drug, at least in Germany and other parts of the world. I just don't know yet but that would make us a real biotech, not just a MMJ company. Don't forget other uses of the cream, uses of the sublingual tablet, and our continuous multiple myeloma studies leaning towards orphan drug status here.