InMed Pharmaceuticals Inc (INM): I do not foresee a return to $1.00 at le...

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InMed Pharmaceuticals Inc (INM)

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Saturday, 03/10/2018 10:56:21 PM

Saturday, March 10, 2018 10:56:21 PM

I do not foresee a return to $1.00 at least for very long. Just think about the statements that were made “ TSX remains subject to InMed fulfilling certain customary listing conditions of the TSX on or before the TSX-imposed deadline of May 29, 2018. The Company expects that it will satisfy such conditions in advance of the TSX-imposed deadline.”

The key here company expects to satisfy conditions in advance of the deadline! I believe it’ll list early and likely go to $5+ on the TSX as new investors and analyst come online.

I see no reason in the next year once trials complete that the SP would not match pretty closely with GWPH and exceed them with the upsides the company brings to bear as multiple products come out of the pipeline.

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