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Re: lazur post# 6634

Wednesday, 07/14/2021 10:06:15 AM

Wednesday, July 14, 2021 10:06:15 AM

Post# of 6727
I partially agree. Big Pharma isn't in cannabis because it is federally illegal. Once the barrier goes away you can bet they will be leaders in R&D, manufacturing, and distribution of cannabis drugs.

They won't cede ground to anyone. They will be direct competitors of MediPharm. They don't need to acquire MediPharm because they have the wherewithal to do it all.

I'm not sure where MediPharm goes with this.

Something good may come of it.

We'll only know that if we see new customer announcements that leverage the license.

I'm not buying, but I am not selling either.

lazur Wednesday, 07/14/21 09:57:17 AM
Re: FUNMAN post# 6631
Post # 6634 of 6634

Isn't the good news on this is that a cannabis friendly company is now a pharmaceutical company, where historically big Pharma has been a bit wary of cannabis due to its impact on other drug sales?

This news sets up an interesting challenge of a David v Goliath in regard to MJ pharmaceutical drugs. I usually bet on where the big money is, but I'll keep my holding here for now since this is worth watching over the short term...