InMed Pharmaceuticals Inc (INM)

[lesgetrich]

Yes, I'm still as confident as ever in Inmed. My confidence stems from their approach, strategy and intellectual property...

1.) They have a world class scientific and management team

2.) They have a bioinformatics database and programs that can steer them to the most promising drug candidates.

3.) They have a patent pending biosynthesis system that can bioidentically create any cannabinoid they need for their drugs. This system can be developed commercially for medical or recreational cannabinoids.

4.) Their focus is cannabinoids, a group of medical compounds that have been unexplored over the years due to ill advised government prohibitions.

5.) They have three drug candidates that are on the verge of clinical trials with more in the pipeline.

These are the reasons I invested originally and why I'm still invested after three+ years.

The company has had quiet stretches several times during that period. It's nothing new and I'm not worried even though I'm just as unhappy as anyone else to see the pps go down.