InMed Pharmaceuticals Inc (INM)

[greendragon420]

Low 40’s today. Good loading day. Looking at the daily volume chart, besides the beginning of the day (which who knows what kind of MM manipulation was involved, look at the majority of pot stocks today) the trades were mostly buys from what I see, smart investors. Some small sellers throughout the day. This sector runs together, not sure what all is involved with that but they rise together and fall together. I’ve got 4 plays in the sector, all of them different. Canadian LP, Inmed, Canadian Royalty company which is also an LP, and American Tech company. All 4 of them within the cannabis sector, all 4 spiked last November and ran the same pattern down. I believe in all 4 companies, have never sold shares since. I really believe in all 4. I’m confident where my money is and the SP I’m in at. Something is going to change in the US and they will announce downstream partner, once that happens the share price will spike. It’s not like that partner is sitting on the sidelines, they are withholding the info because still schedule 1 in the US. We will see similar spike if not more significant, compared to last November and beginning of next year and probably just an upward trend after that. No worries here

They had opportunities to merge with Canadian LP’s, they passed. Which in my eyes is significant. Their downstream partner Is not involved in the sector, which tells me it is Pharma. Based on what every real investor and believer of Inmed, it is probably Eli Lily. Good share structure here as well, and they have money for operating expenses for 2 years. If any dilution, it will be with partnership.