I think that currently, there are a lot of peopl
Post# of 56323
The link below indicates , with some accuracy considering how slow government acts on anything , that CNRX if definitely a longer term play......In my view.....of course.
That said, I think that what should NOT be forgotten, is that CNRX is far, far, away from being anywhere close to a one trick pony, in which legalization of MJ would be the true priority in their business model. A large part....well sure, but the overall vision of our CEO surpasses simply legalization in Canada, as we all know.
The key to everything is based on really 2 components.
1st: is the OMB ruling which we should get in January or early February of 16.
The 2nd : Is the MUCH anticipated ruling from the Judicial Review from the Court's in Canada concerning the actions of Health Canada.
I am, as I am pretty sure most of us are, very confident that we will be granted a license as a result of the decision of the review.
At this point....I am not really concerned with the legal issues concerning being made financially whole. The reasons for that have all to do with the results of the primary 2 issues first mentioned.
If we win, and I am confident we will on the first 2.....well, the third issue is no longer an issue at all. It just becomes then, a matter of how much remuneration is allotted, and in what form.
All of the above said , I can think of NO REASON , why , this new ticker , CNRX would not simply continue to keep rising over the next 2 - 5 years at a minimum. A lot of things will change concerning MJ over the next 5 years to say the least.
One of the most important....again, in my view, is the fact that once things settle out with legalization , we will see the Super Structure Health care, multinational Corporations , that have the money , and research and development facilities already integrated into their respective business model's begin a consolidation through acquisition and mergers , like a starving wolf that just found a heard of sheep. Money will not be the issue. Who is first , and biggest will definitely be the issue. I think , CNRX will be perfectly situated to be involved in all of the things that the MEGA companies will be after, in light of the fact that CNRX will have already done the work , and now all that is needed is scale. The Mega Companies can provide that.
So, I think when we speak about when , how long , and benefit of making a sound decision , that it would be advantageous to consider all of the above. Solid long term hold for me. This is money I am just going to forget that I have invested for at least 5 years and most likely closer to 10 . Just depends on what happens way down the road. All JMO.....of course. GLTA