HELIX and MEXICO News
Well, this is an interesting development today. Apparently, a secret operation that's been going on all month, not mentioned int he conference call. Sounds very interesting indeed. And if it's Mexico, does that mean a Vincente Fox coming into the fold soon? Did he have anything to do with this?
Helix Technologies Launches Nations First Online MMJ Reciprocity Platform in New Mexico
8:22 AM ET 8/25/20 | Dow Jones
DENVER, CO / ACCESSWIRE / August 25, 2020 / Helix Technologies, Inc. (OTCQB:HLIX) (the "Company") announced today that New Mexico's online medical marijuana reciprocity portal is live and has been serving out of state patients living or vacationing in New Mexico for almost a month as of this writing.
The system, which is the first of its kind for US Medical Cannabis programs, allows state regulators to electronically register and track out of state patients into the patient registry. The system decreases time and costs associated with paper only patient registries and allows the state to track and enforce dispensing limits in real time to prevent potential diversion to the black market.
The new platform benefits all stakeholders in the New Mexico industry as it allows out of state patients a convenient way to access medical cannabis while enjoying the many outdoor and cultural opportunities in New Mexico. Since going live with the reciprocity module on July 1st, more than 1,700 out of state patients have been registered for the program. "We're encouraged by the ability of this platform to assure people visiting New Mexico get the medicine they need when cannabis has been recommended as a treatment by their medical provider at home," said New Mexico Department of Health Medical Cannabis Program Director Dr. Dominick Zurlo. "We appreciate the efforts of Helix Biotrack to work with us toward the goal of assuring visiting patients experience uninterrupted treatment and relief for their medical conditions."
"We are always looking for ways to work with our Government partners to improve transparency, ease of use, and ultimately public safety," said Helix Biotrack COO Dr. Moe Afaneh. "This is the first step towards digitally bridging states' medical markets, while ultimately improving access for patients looking to explore New Mexico, bringing in new patients for the industry, and saving everyone time and money in the process. We're very proud to bring another industry-first innovation to Seed to Sale Tracking, with more to come."
Khiron Life Sciences does have Fox on their board, and they had an interesting quarter released. They reduced their cash burn to $4M a quarter and are starting to ramp up some sales. Perhaps we can deal with them. They have the patients and the cannabis. Subtract out Khiron's cash, and their market cap can come be cut in half and still be a little more expensive than us, but we have more sales. And if we continue to dilute, we'll catch up with them in price so let's not dilute or pollute. I have a plan where my HLIX shares are free, and then it also pays for more KHIRON, ffor which I have only afoot in the door at this time.
I love it when a plan comes together!
