When I discuss transparency, essentially all of my
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Posted On: 04/23/2018 1:50:02 PM
When I discuss transparency, essentially all of my criticism could be answered with one action by the company, put all trials into the clinical trials database, and keep them updated at least every few months. This might sound like a major effort, but I believe all the data contained in the database is provided before an IRB can finalize trial design, so it's really nothing new, just putting it into a different format.
I know some will say that this gives competitors an edge of knowing what they're doing. I suspect that most serious competitors know practically every action the company makes and probably can tell you just how many have enrolled in every trial the company is running. It's the patents that protect us from what others do, not the secrecy the company maintains with it's investors. Frankly, a competitor that developed a product based on what we're doing would end up paying us for the violation of our patent.
I believe it's clear that we won't be the first on the market with a cream that has cannabis components in it, nor will we be first with other products. I believe what will make our products stand out is their better than others, and we'll have proof of the fact that they are safe and effective.
Gary
I know some will say that this gives competitors an edge of knowing what they're doing. I suspect that most serious competitors know practically every action the company makes and probably can tell you just how many have enrolled in every trial the company is running. It's the patents that protect us from what others do, not the secrecy the company maintains with it's investors. Frankly, a competitor that developed a product based on what we're doing would end up paying us for the violation of our patent.
I believe it's clear that we won't be the first on the market with a cream that has cannabis components in it, nor will we be first with other products. I believe what will make our products stand out is their better than others, and we'll have proof of the fact that they are safe and effective.
Gary
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