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HELD Moving up nicely, KNB have 700k invested there. Our turn next.
Not sure where's that been all this time and ive seen no declaration RNS for this trade.IMO theres lots of things going on in the background to leave retail investors second guessing but hopefully some northward movement soon despite those tiny trades going through.
£2 million, whats that all about, from 2021.
Sorry already posted, must have been the hindu kush ;-)
I like the sound of that, everyone but KNB mentioned here except they do own a chunk of shares in HELD and they are looking good with a first harvest soon.
https://businessofcannabis.com/uk-medical-cannabis-industry-gathers-momentum-amid-numerous-research-milestones/
Fingers crossed! Thanks for the reply, good luck!
If this was to bounce back next week for eg then those small trades would not be the main driver. We are about 30% below the latest issue price of 2.88p so I wouldn't be surprised if they're not being snapped up as the the positive sentiment seems to be hotting up . GLA
*ATB!!
Thanks for the useful links (very interesting) and positive comments as always. What do you mean “if that’s what’s really happening”? GLA, keep the faith…I’m hopeful this sector (and KNB) will be huge in the future. ALB, CJ
Yeah, Put away the Hindu kush and bring out the Thai stick.
Theres been 50% dilution to absorb after sourcing additional funding and based on those small trades it would take forever to bounce back if that's what's really happening.? IMO think again
We need something to kick this sp back into life that’s for sure. It’s in sleep mode and requires waking up.
As you say lots happening, you have to wonder what the Tory plan is for cannabis in the health market.Given they know they will likely be out of power by next GE and I am sure they are not going to leave the prize of making it available on the NHS to the next goverment so I would expect things to start moving in the right direction from here on. IMHO. https://businessofcannabis.com/uk-medical-cannabis-industry-gathers-momentum-amid-numerous-research-milestones/
Celadon CEL conduting trial into cannabis for chronic pain after the NHS research and ethics committee give approval,not sure of the length of this trial as its not to establish the safety and eficacy of a new drug but to establish the benefits of having cannabis available on the NHS. From the three month feasability stage results indicated surprise surprise :-) a positive outcome for quality , pain and sleep, as well as a reduction in opiod usage. https://cannabishealthnews.co.uk/2023/08/02/nhs-approves-clinical-trial-on-cannabis-medicines-chronic-pain/
These reports keep coming and it looks like something positive is behind the continued coverage..
https://news.sky.com/story/adhd-sufferers-are-self-medicating-with-cannabis-because-of-nhs-delays-charity-warns-12933943
Yes If a tobacco company was interested in buying the Kanabo Group then It would be interesting how they would value it If Kanabo products need to be prescribed then that makes the GP service and Treat It more important assets and not so simple to incorporate them into their own portfolio of vapes. I just hope that the Kanabo Group has the time to establish its brand and value in this growing sector before the likes of big tobacco try to muscle in and try to buy it on the cheap.
So if a tobbaco giant can see $650 million dollars vaule in the SYQE vapouriser, thats all they have one product and a system of refilable cartridges, how much will kanabo be worth with CE certification, thats not taking into account the other assets like the GP service and cannabis clinic and other investments.
https://mjbizdaily.com/philip-morris-buying-israeli-cannabis-firm-for-up-to-650m-report-says/#:~:text=Multinational%20tobacco%20giant%20Philip%20Morris,the%20Israeli%20business%20newspaper%20Calcalist.
Contract value shortly; could be less than a week. I would say couples of millions. If yes we will see mcap £20 million soon
Are these getting very much ahead of kanabo though and positioning themselves to dominate the market? Maybe another tobacco firm will come in for kanabo to rival. I think kanabo’s vape pod is better than their inhaler
SYQE MEDICAL for $650m and their main product is a similar to the Kanabo inhaler
https://mjbizdaily.com/philip-morris-buying-israeli-cannabis-firm-for-up-to-650m-report-says/
Whilst the price is still flagging it does not reflect on the sentiment thats growing
https://www.proactiveinvestors.co.uk/companies/news/1021029/gps-prescribing-cannabis-could-ease-nhs-wait-times-report-1021029.html
No figure; but they mentioned its substantial revenues generating contract.
Placing is done at 2.25 p , cash is in.
re-rate is starting
This big publicised crackdown looks more like the governments attempt to clear the way for the legal route as they are fully aware potential revenues that lie ahead. The sector could be ready to make a big move forward despite what the stock prices are saying and these raids are a positive step towards that..
Https://www.thisismoney.co.uk/money/article-12259611/SMALL-CAP-IDEA-Cannabis-businesses.html