Replies to post #3201 on CNBX Pharmaceuticals Inc (CNBX)

[Scuba2]

Positive news cash flow and great collaboration

[jim992]

The big thing that jumped out at me that is a huge positive compared to other companies that are funding their work via dilution:

"...the Securities and Exchange Commission registered all common stock shares to be offered and sold by YAII PN, Ltd., which enables substantially less dilution for existing shareholders when compared to convertible transactions or direct loan agreements".

So instead of dumping fresh shares on the market to fund itself, which greatly diminishes stock price, this set up allows for less dilution. Very nice!!!

https://www.prnewswire.com/news-releases/cannabics-pharmaceuticals-announces-collaboration-with-life-source-partners-ceo-muriel-zohar-to-optimize-technology-applications-and-evaluate-new-opportunities-681496381.html

Thanks for sharing Matt! Jim