Kanabo Group (KNB) Share Chat

Stock Discussions
#262

Countries that have legalized medical use of cannabis include Argentina, Australia, Barbados, Bermuda, Brazil, Canada, Chile, Colombia, Croatia, Cyprus, Czech Republic, Denmark, Ecuador, Finland, Germany, Greece, Ireland, Israel, Italy, Jamaica, Lebanon, Lithuania, Luxembourg, Malawi, Malta, the Netherlands, New Zealand, North Macedonia, Norway, Peru, Poland, Portugal, Saint Vincent and the Grenadines, San Marino, Sri Lanka, Switzerland, Thailand, the United Kingdom, Uruguay, Vanuatu, Zambia, and Zimbabwe. Others have more restrictive laws that allow only the use of certain cannabis-derived pharmaceuticals, such as Sativex, Marinol, or Epidiolex.[7] In the United States, 35 states and the District of Columbia have legalized the medical use of cannabis, but at the federal level its use remains prohibited for any purpose.[8]

Thanks wikipedia.

That’s a fair few countries. Some of whom are in EU and / or work very closely with them. Even if that list does not increase, that’s still a pretty big potential market

1 Like
#263

A lot of those countries say they legalised it for medical use yet they never give it out…

#264

Like the UK you need to have a life treating case of epilepsy to even qualify for it

1 Like
#265

Not just epilepsy.

In the UK it’s only really prescribed if you have tried 2 different types of medication for a serious condition, like epilepsy, cancers etc.

This is from one source:

Prescriptions for a medicinal cannabis product

Medicinal cannabis products are only available on a prescription written by, or recommended by, a specialist hospital doctor.

This is because there is currently limited scientific evidence medicinal cannabis is safe and effective. It is also because there are relatively few licensed products available that have undergone the normal strict testing for medicines. This testing means that medicines are safe, of good quality, and are effective.

A hospital specialist might consider prescribing a medicinal cannabis product for you or your child if:

  • your child has one of the rare forms of epilepsy that might be helped by medical cannabis
  • you have spasticity from Multiple Sclerosis (MS) and treatments for this are not helping
  • you have vomiting or feel sick from chemotherapy and anti-sickness treatments aren’t helping

Medicinal cannabis will generally only be considered when other treatments were not suitable or had not helped. The specialist will discuss with you the most suitable treatment option.

Source

And another source says similar things:

In England, only patients with certain health conditions are likely to be prescribed medicinal cannabis, the NHS says.

These include: children and adults who have rare, severe forms of epilepsy; adults who have undergone chemotherapy, which has caused them to vomit or suffer from nausea; and patients with multiple sclerosis whose health condition has caused them to experience muscle stiffness and spasms.

“It would only be considered when other treatments were not suitable or had not helped,” the NHS adds.

Source

3 Likes
#266

Yep. I work in healthcare and this is correct. Even in the cases above, it would be a completely last resort after other treatment options have not worked.

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#267

Yep, which is a shame in my opinion - it shouldn’t be used as a last resort…

It’s great that it’s finally been approved for these patients who require and would benefit from it, but I firmly believe that a patient should have the choice between opiate painkillers and this. I know I’d prefer this as it would be easier to come off it.

My father in law is on constant morphine patches to help with his pains, and they work for him. He forgot to put one on once and the withdrawal was horrible for him until he realised what he had done (or not done should I say!). This withdrawal wouldn’t be present if he was able to be prescribed medicinal cannabis.

But it’s got to start somewhere I guess!

5 Likes
#268

Exactly. Sorry to hear about your father in law. If there isn’t enough since why not fund it properly? Also isn’t one of the largest medical cannabis farms in the world based in Norfolk?

Seems like we are reluctant to try something with relatively low impacting side effects compared to traditional opioids.

3 Likes
#269

Thatll probably be GW pharmaceuticals, if I was to guess. Pretty sure for ages that they were the only company with licensing to play with any sort of cannabis, I could be wrong though, just something I think I read many moons ago.
Now that it’s legalised we should see, and are seeing, an array of newer companies bringing their products to the table. This will lead to more testing, more approved drugs. Given it 5-10 years and hopefully GPs etc… prescribing medicinal cannabis will be normalised.
Whilst it’s now legal, there’s probably still a bit of stigma around it due to the lack of product?

1 Like
#270

GW pharma mentioned in the chat 5days ago as part of a discussion around slow growth in the industry due to pre existing big boys that have cemented their position.

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#271

Hi everyone,

Last week we got to speak with Kanabo’s CEO, Avihu Tamir.

You can see the interview below, or read the transcript if you prefer!

We’re hoping to do more of these CEO interviews, so let us know if there’s anyone you’d be interested in hearing from.

Also, remember to subscribe to Honey to get daily market updates from us :slight_smile:

Have a great day!

David

15 Likes
#272

Enjoyed this. Would love to see an interview with Roblox’s CEO, if possible!

3 Likes
#273

This company will go places. First to the scene in UK and will crack Europe next. It will grow very quickly.

Check the CBD business in US companies. This could be Europe’s answer . Could easily be £1.00 in 2-3 months. Then expect it be £5/6 a share in time

The only way is up !

Check the ceo in the interview and you will see the company has real back ground. Heading in real direction. This industry will take off massive in Europe

1 Like
#274

At 20p now the company seems to be worth 44m from what I could find. £6 would be 1.3bn, that is a lot for a cbd derivatives company.

1 Like
#275

Are you taking into account that there can be no “first” in the UK as the UK already produces and sells cannabis, chiefly through the conservative hedge fund that is GW Pharmacy?

#276

The UK is actually the world’s largest exporter of medicinal/legal cannabis so they are far from first on the scene but they are the first on the scene with the first medically approved vaping device for cannabis extraction… I think this is an important detail to remember…

2 Likes
#277

The issue here is they are locking people up for something they are profiting on

#278

They’ve known the benefits of legalisation for years and even after pettion after pattion theyve shot it down

#279

assuming Europe will allow them to… they might drag out the “approval process” for a European competitor to sneak in…

#280

I wonder where this stock will stabilise so I can average down my shares. Im down 48% on them lol

2 Likes
#281

I’m down 52% sigh… didn’t put a huge amount in so not panicking but still mhm

2 Likes