Warren buffet once stated that a truly great business must have an enduring moat that protects excellent returns on invested capital. A barrier such as a company being a low-cost producer or possessing a powerful world-wide brand is essential for sustained success. Just as a moat around a medieval castle kept the castle safe from intruders, an economic moat around a company keeps the company safe from competitors and other profit-draining forces.
Inmed is doing exactly this, creating a moat by developing and possessing an unmatched unique method and low cost production of all 90 key elements of the marijuana plant (a powerful multi billion dollar brand for sustained success. With multiple drugs in the pipeline, and the fact that Inmed is patent pending.
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