Instadose Pharma Corp (INSD)

[Big Brother]

Whether or not they are generating revenue right now, does not really matter to me personally, however, based on the shareholder letters sent out in 2019, I'd say they almost certainly are.

In October 2019, at that point they had over over 1 million kilograms of cannabis biomass available for resale, this was likely purchased from Congolese farmers.

As far as their own growing, by the end of 2019, they had their oil extraction equipment in place, had completed their landrace cannabis seed testing, and were prepared for large scale planting.

Do I think they have thousands of hectares planted, perhaps, but probably not, however, 200 hectares seems like a realistic target, especially considering the DRC government had already spent $300M improving the land for crops. Also, the equipment and manpower was in place as well, combine that with Grants past experience in doing large scale hemp grows, there is no reason to believe 2020 was not a revenue generating year for them IMO.

If not then so be it, revenue is not a make or break for me at all, the potential is what I like.