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Tbf EofA stated that serum selling at 100 quid a pop could x 20 million units sold in a year = a 2 billion pound company.
A little rampy when they would need to sell 55000 products a day to get 2 billion turn over.
I always thought start small get a client base and build it up over years.
I saw some one mention fevertree as a comparison. Maybe in 10-15 years if all goes well but how many shares in circulation by then ? 2 billion
I bought in today after watching it fall ever since it listed. Took a few at various 12. **Prices. Time will tell if that was sensible but I had to balance wanting some shares with being overly greedy and waiting for an entry point that probably would not have ever come. So much interest in this share, incredible product potential and a hot market make this hard to value but personally I think it’s worth quite a bit more than the current price. It’s just finding it’s feet at the moment. See what happens tomorrow but kept some powder if it drops anymore.
OBSTANDO
pain management is not a disease, thus does not need MHRA scrutiny.
look at the definition /
What is a medicinal product?
Definition
Article 1 of Directive 2001/83/EC as amended defines a “medicinal product” as:
“Any substance or combination of substances presented as having properties for treating or
preventing disease in human beings; [the first/presentational limb]
OBSTANDO
this is NOT medical Cannabis, however to sell topical gel that helps manage pain like sports injuries doesn't need the same medical phase 1 to phase 3 trials.
EofA ignore the trolls and back your research. There has been an unbelievable amount of people trying to put this down, they aren’t invested so you have to wonder why they are here?
As someone who plans to hold long term, I am more than happy with this. Got in at a snip thanks to IPO, now sat on a 7p average and quite happy to chill on that. I don’t need to hear anything from the bod, they are about as solid as you’d hope for and they’ll steer the right course. The nonsense will calm down, the trolls will move on to the next one and leave a decent board to chat on for those interested in this.
Earl - where does it state medical remedies? And I mean specifically?
Earl - I don't think you read what was there but interpreted as only you can. Is that where they claimed to be ready to sell 20M units of serum???
OBSTANDO
my psot are backed by research, now that you made an allegation that my posts are inaccurate, I had no choice but to refute your claims.
https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/940389
OBSTANDO
Read Proactive Investors as well
Cellular Goods aiming to be the LSE's first pure-play CBD business with ÂŁ20mln IPO
I urge all revisiting what cellular is about
https://www.cellulargoods.co/
OBSTANDO
summary of what's CellularGoods is about
Cellular Goods is focusing on two product lines. The first being high-end skincare and the second is athletic recovery products. It’s launching with three synthetic CBD products: a face mask, a daily skin serum and a topical sports recovery gel that will be applied via a touch-free roll-on applicator.
The products will be sold direct-to-consumer through the Cellular Good’s website and through physical retail partnerships
OBSTANDO
I urge you to visit CellularGoods plc website and click on Investor Presentation before posting about my research.
Or they gping to cash in ÂŁ500 lol jokers
Your right, why would you sell if you could invest more and make make more on top
These jokers need a rns tomorrow, so many weak sellers, and who can blame them shower of s??t management they need to update investors.
Yes you think they would have some juicy news to share soon after floating.
We want RNS!! ;-)
RNS due
Earl you are factually wrong in a number of areas.
1) You claim pain treatment - that's a medical claim which the company website make clear is not the case so I cannot see it can be sold or marketed as a medical treatment. All CBD products can help with pain management but as far as I am aware none will be sold explicitly as pain medication (unless they are specifically in the medical arena). Are you aware of the BMA requirements for selling products that claim what you state and do CBX have those licences?
2) CBX is not the first company out there nor the first CBD listed company nor is it somehow unique in selling skin care and cosmetics. Look at the ZOE and LIFE websites for starters (there are others out there too). Yes it is bio-synthetic but I'm not sure that is a marketing positive fact when competing against natural products.
3) What basis do you have for naming Amazon or Boots - facts please and not guesswork
What you are posting is not doing CBX any favours as it is riddled with misinformation, lies and blatant ramping. This is as dangerous as any de-ramping that goes on - maybe moreso as it raises expectations that are completely unrealistic
Rns due
JAX orion
just because sale starts in Autumn this year, it doesn't mean company can't have a higher valuation, Remember a 2 years of hard work has already gone into producing what's could become household names for Pain management and Women cosmetics using boo synthetic Cannabis cream with the benefits of the cannabis. All under the strict supervision of the CBX highly skilled Personnel and Management.
I see huge company in the making.
GLA and Dyor
Bio Synthetic is better and safer.
When synthetic cannabinoids first appeared in the early 2000's, they were sold as legal replacements for cannabis. Since then, they have gained a reputation for having powerful intoxicating effects. Typically, the synthetic material
Earl it's concerning that people bought into this without realising when sales start.
It's even more concerning that they must surely now know that sales start later in the year but still the only concern is what the share price is right now, this second.
error
2021 Autumn, not 2020.
not many small caps companies have the potential to become billion dollar company, so why I'm really excited about CBX?
first of all CBX is not like another CBD oil company like Zoe, Zoetic.
CBX is unique and first London listed Bio-Synthetic Cannabis company with various products from Skin care, cosmetic to pain treatment for Sports personnel and to other pain management like muscle aches and pain etc.
So if anyone likes the idea to incorporate Cannabis into skin care products and Help to relief pain then in the London Stock market this is the only Company out there.
Around August CBX are launching their products and now they are making final preparations to make the products online through a large Online shopping platform (Amazon - most likely) 2020 and the a physical store (Boots - likely).
this company is very scalable around the world.
small product size yet very high margins.
Google 'Serum cream'