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Be nice to have an update on the progress of the regulatory approval as well as the GP service.
Looks like a distressed seller unloading 20k shares at a time.
They should buy a vape pod and chill while waiting for it to gain regulatory approval for medical use.
Good article.
Germany having over 170,000 legal cannabis patients is good news for Kanabo’s existing partnership with 420 pharma (https://420pharma.de/en/)
I think it might be time to top up - 2023/24 look promising, but DYOR etc
buys @ 2.27 sells @2.1 price 2.3 time to load up.
My first foray into buying shares came after a conversation in an Amsterdam coffee shop about using cannabis for medical purposes.
I bought GWP as a penny share but because I didn't fully understand what I had like pearls before swine I sold at 90p. The price subsequently took off and the company sold for $70 dollars per share.
This time I fully comprehend the medical side, particularly CBD which IMHO it is only when you vape it that you can fully appreciate just how powerful it is if you have a medical need.
Then we have the GP service to bring it to market, so I will be holding on and accumulating at this level because if all goes to plan this is going north for sure.
I’m averaging around 38p on 13000 shares, so a fairly huge loss….. still I’m happy to play the long game …. This will come good . Trust me the Israelis know what they are doing when it comes to Cannabis
Pressure been building some time now
I have only recently gathered a holding here so hopefully in at the bottom for once, onwards and upwards on news hopefully.
When the masses catch on to the benefits to be gained from vaping high quality terpene infused CBD products :-)
I bought in at the peak price and currently holding massive loss but as others have said they are doing everything right and will no doubt come good in 12-18 months
Not a direct link to us but right now Radio 4, Crossing Continents Californ8a cannabis reparations. Interesting !!
Will this be the Xmas bonuse share?
Unfortunately it usually moves fast in the wrong direction ...... :~)
There are even more reasons for Medical Cannabis to be under heavy demand, after the last few years millions more will be seeking help for anxiety, sleep disorders and stress, we’ve even got CBD for our dog, and the improvement is significant.
Kanabo is doing everything right, they’ve got plenty of cash & a cash generating business in GP Services.
All Cannabis related stocks have been sold off heavily over the last 18 months, but the tide is turning, and investors will see huge potential here.
Just a bit of Patience required.
When this moves, it moves fast.
About time this got sone intest
The also own a good chunk of HELD which has listed today so any movement there bods well.
Is Kanabo on the turn, trades going through as buys this morning.
Maybe folks loading up in anticipation of news.
Yes, I’ve been adding steadily, partly as it seems extremely oversold but I’m also interested in GP Services, and what this is currently offering.
GP Service was acquired for circa £14M in February 2022 & at that time patients could access a registered GP online for £39.99.
Following consultation a prescription would be available within 30 mins at one of 4200 pharmacies.
I note from the website that a 10 minute consultation is now £49.00 and the list of pharmacies has grown to over 6000.
The Service is rated ‘Excellent’.
The NHS is in crisis and trying to get an appointment is very difficult, even a telephone appointment can take weeks.
I’m getting a sense that this acquisition alone is worth more than our current MCap, then we’ve got all the Medical Cannabis side ‘on top’.
I think this could have a very rapid turnaround at some point.
The 21270k trade is a buy, as are others by the looks of it.
This looks like a interesting play, I know a thing or two about CBD and they look very well placed to me, time will tell.
So the NHS is under such stress the earliest I can get a “tele appointment’ with a Doctor for my father -in-law is December 17th.
Makes me think that Kanabo buying out GP services could be a very smart move, & not just for their own products.
Dan bought in at 7.40 ?? Makes me wonder?
https://www.openaccessgovernment.org/medical-cannabis/142727/
Intresting read,
Going down