"OPEN LETTER" Aurora bought a 7.8% stake in CTT Pharma for $1,000,000 in May 2018 with the rights to increase up to 42.5%(exercisable until May 20, 2021). They did this because CTT Pharma's filmstrips are capable of delivering marijuana/CBD orally without smoking or edibles and because they have patents in Canada and the United States for their technology. CTT last January also announced patents throughout the world as well. These strips are placed on the tongue and dissolve, which ultimately enters the bloodstream quickly(as quick as an injection) bypassing the lungs and stomach. Let me repeat that. These Dissolve Strips bypass the lungs and stomach. Both smoking and edibles have a documented history of problems. As many know there is currently a vaping epidemic and The American Lung Association discusses in detail the damage that smoking marijuana can do to one's lungs. One of the biggest problems with edibles besides the fact you're throwing a bunch of calories and sugar into your system before you get the munchies, is the delayed onset. You don't know when you are going to get high or how much you're body can handle because it takes longer to feel the effects of edibles verse smoking.
Up until now Aurora and CTT Pharma have been very quiet about what has been going on and besides a couple of announcements, have been flying below the radar for the most part. CTT and Aurora put these film strips up for sale on Aurora's website for medical patients only on October 6 2019. On December 23 2019 , CTT announced that they're completely sold out, which happened in less than 75 days, and are in the process of making CBD Dissolve Strips and CBD/THC combined Dissolve strips as well as bringing back the original dissolve strips with just marijuana that sold out and news that they will be ready for a rollout March 2020 which is 2 months away. This news came out 2 days before Christmas and didn't show up on any of my news feeds or stock info for Aurora. CTT Pharma trades on extremely low volume of 10k-15k shares daily. With a 24 million public float at .16. So a couple of thousand dollars a day trading hands. I personally believe they are and have been both quietly moving along in what could help boost profits this year for both companies. I say this for several reasons. One being that for starters these Dissolve Strips require less CBD and Marijuana itself on the dissolve strips which as we know, less product means more profit for Aurora. More importantly the other being Listerine already did this and there is a little bit of history as a result. As many are aware of the Listerine Pocket Paks came out in 2001 and provided these dissolvable strips on your tongue to give you fresh breath. What you may not realize is that they sold $175 million in the first year. I'll pause again. $175 million in sales year one. Pfizer sold over 200 million Pocket Paks in the first year on shelves. I personally believe that not only will Aurora profit substantially from these Dissolve Strips from CBD to marijuana but I also believe that CTT Pharma has the potential to be a billion dollar company and Aurora will also get to share 42.5% of CTT Pharma's valuation if and when that happens. Aurora has positioned itself to be in a no lose situation with these Dissolve Strips. Another thing to note is that the timing of these dissolve strips are out at a time when there is a vaping crisis currently going on with thousand getting sick, hospitalized and even dying over vaping. I believe that these strips will definitely take revenue away from other companies for many reasons. They're smoke free, there's accurate dosaging which smoking and edibles can't offer and again are a safe alternative to other products.
I believe that both Aurora and CTT Pharma are going to benefit this year from this product and future products that they're creating. With both company being at multi year lows I can't think of a better time to buy or consider buying based off of these products. I own quite a few shares of CTTH because the valuation is at $7 million with a low float
