InvestorsHub Logo

dayadog

08/16/10 11:41 AM

#5207 RE: boodlebing #5206

Donk, my hope is the same. However, the main reason I like CBIS is because of the model they have morphed into. Essentially, they are trying to stay in the game no matter what happens. If the dispensary model stays for the long term they are now owners and trying to distribute to other dispensaries with a branded name. No one else is doing that right now. If the dispensary model does not hold they are positioning themselves to be involved in the Healthcare sector through and FDA approved drug.

No one knows for certain how this whole cannabis story will unfold, either way CBIS is positioning themselves to work in either scenario and both if that is the case.

They are generating revenues by selling medical cannabis and their extracts. The extracts (tinctures, capsules, and edibles containing Cannabis extract) is most likely what they will brand. They are selling in the two stores they own now. Plus they are releasing a non-psychoactive nutraceutical this fall (Mark the IR told me this).