Pharmacielo Ltd (PCLO)

[sirius22]

Do people realize there is an intrinsic cost of producing CBD isolate, independent of the low low cost of growing CBD hemp?

Even with Colombia’s very low cost of doing anything, growing CBD hemp on a very small scale in greenhouses, I fail to see how that could compete with the insane glut of high CBD hemp in North America at the moment.

https://hempindustrydaily.com/why-harvesting-and-processing-may-be-expensive-lessons-for-this-years-new-hemp-farmers/

PCLO was always a house of cards imo. The current share price + these somewhat nonsensical PRs about “proprietary” extraction methods (CO2 is the least efficient for large scale by the way) support this.