Cardiol Therapeutics Inc. (CRDL)

[12yearplan]

Here are the tidbits I took from this mornings MoneyShow virtual call....

Elsley stated the 3rd quarter would be the time period for when sales of their product would start at Shoppers, given we are almost through August, September is likely 100% correct, let's hope they keep to it!

Elsley did not address the reason for the delay with Shoppers even though I submitted the question and it's been over 5 months since the deal with Shoppers was announced. Nothing new there....

The title of this presentation was 'Dedicated To Heart Failure' and certainly the title was very reflective of the presentation Elsley gave, for the most part he followed the corporate presentation that's on their website however there were a few slides I hadn't seen before that dealt with Covid and heart failure. He also talked extensively about their work on Nanotherapy and how they can target the heart for the inflammation, making their medication much more effective.

Elsley went over timelines, he said the clinical trial for Acute Myocarditis is in progress and should be completed by the end of October, I believe that's phase one. He also stated a clinical trial regarding cardio protection for Covid was in the que, suggesting it would be ongoing later in 2020, likely December.

One of the two questions he did answer had to do with the GWPH and how different or similar the products are. Elsley stated they are very similar however CRDL's more pure regarding CBD and the lack of THC and for the two key markets - under 25 and over 65 - he felt it was an important difference.

Poster at Stockhouse.
Market seems to like it.