Most of us know the next quarterly filing will lik
Post# of 15624
(Total Views: 356)
Posted On: 10/25/2018 10:24:52 AM
Most of us know the next quarterly filing will likely occur in the second half of November. (How could they file much earlier?) We may or may not get an update on the various trials; for near certainty the Company will report zero revenues...........totally expected.
As to the trials, two safety trials should be concluded in December and another should be initiated. We have been told such a number of times, delays should not surprise anyone on this Board.
We will have our day............2020 looks more likely than 2019.
I hope the mid-term elections will get us some boost given at least four more states are likely to legalize marijuana which should help cannabis in general. Also, if there is a Blue Wave the federal government is more likely to support medical research in our sector. And if the government would just allow banks to accept deposits and transact business with companies in our sector without fear of reprisal our pps could get back up to over .50 (It will be a lot easier to wait another year or more if we are over the break even point.)
As to the trials, two safety trials should be concluded in December and another should be initiated. We have been told such a number of times, delays should not surprise anyone on this Board.
We will have our day............2020 looks more likely than 2019.
I hope the mid-term elections will get us some boost given at least four more states are likely to legalize marijuana which should help cannabis in general. Also, if there is a Blue Wave the federal government is more likely to support medical research in our sector. And if the government would just allow banks to accept deposits and transact business with companies in our sector without fear of reprisal our pps could get back up to over .50 (It will be a lot easier to wait another year or more if we are over the break even point.)
(0)
(0)