Not much they can do I guess until they have meaningful news to release. There are a few cannabis stocks down today, not sure why or why Knb has dropped so much. More patience required.
Im not sure there is anything that can be done here. Interest rates, two wars that involve multiple nations, I see no reason for markets to be positive in any direction but defensive stocks.
I remain optimistic about Kanabo, especially given yesterdays news on cic recommends. But, not the direction of the share price for 2023. Whenever the mood gets particular Kierkegaardian I re-read the last rns. I just hope rhat can tide me over to at least spring next year.
Bit more positive news
And Germany
I think there is something in the last RNS which appears to have been completely overlooked in terms of a potential growth area, mental health is an area of unmet need which could massively benefit from the introduction of cannabinoid based medicine. Not necessarily requiring THC either depending on the condition CBD is a powerful medication in its own right. So reading this chapter from the RNS it looks like we have a real diamond here, it just needs dusting off to see the multifaceted opportunities available.
Expansion of secondary care platform - leveraging our technology and experience with launching Treat It to launch a similar service to tackle additional areas where there is a significant unmet medical need. We have identified the UK’s mental health sector as the first additional sector into which we will roll out our services. The UK mental health sector is under well-documented pressure, and our intention is to expand our services in the coming months to that area, addressing patient demand.
Just trying to encourage a positive start to the week
Love your optimism! I’m all for it
The power of cannabis medicine
An unusual positive day across many sectors today. But good old kanabo being as stubborn as ever
Hi brother had a brain tumour And I have seen first hand the use of medical cannabis & what I believe helped him in this horrid time x
Positive news for the CBD sector
Great news. Shame the share price continues to dip. Im hoping a catalyst for upswing will be Germany in Jan. Otherwise it is interest rate cut and/or ce mark. Both of which remain mythic creatures
With a general election not too far off I am wondering what the conservatives will do about allowing cannabis to be prescribed on the NHS. It would be seen as potentially a big vote winner for them and I doubt they would want to leave it to Labour to take credit should they gain power. Just speculation but I am hoping for a big shift in regulations next year.
I mean if medical cannabis becomes a political tool, then we are sorted. But I think as a election weapon it has to get in line behind interst rates, inflation, employment, house building, transport, war and sleaze and the sub category of profiteering (maybe).
Labour have been worryingly cagey about NHS spending and gungho about privatisation options. The ugly head of Anthony Blair has been quite serious about that.
I think Germany is the only dead cert for us. That said, the article you posted gives me optimism about the UK and prescription progress. When it does happen, I think we will be very much in the mix.
There is too much money to be made out of the cannabis trade for the conservatives to pass on getting in on the game. Think GWP links to government, even KNB had an MP on the board guiding the process. They will want everything in place and a slice of the pie. The future of cannabis as an industry is secure it’s just a matter of political will to get things moving. That’s why I think 2024 will be the year for Kanabo.
Just think of all those millions of people all across Europe suffering from a multitude of chronic conditions. Reaching into their pockets, they pull out their magic CE approved Kanabo vape every time they feel under the weather, a couple of inhales on the tailor made pods and and they are good to go, it’s a revolution in the treatment of so many ailments.
Just my opinion of course
I’m with you all the way on KNB and it’s capacity to meet the need.
I am lacking in comfidence in those who govern the NHS, considering the current government have been known to strangle its value to help their chums win contracts. I am willing to give some value to the notion that a beckoning election will make even the Conservatives up their game.
I think considering current macro trends and on last RNS they are already flying and I agree we wont see that benefit until 2024. I am just not sold on the catalyst being the UK. On this, I will delighted if you are right and I am wrong.
Excellent study on the effects and potency of cannabis distillate as opposed to live rosin, whole plant extracts are best.
The civilised approach to cannabis in Malta
Cellular goods moving up nicely, not sure why. That will be Kanabo soon enough.