IHL 0.00% 4.1¢ incannex healthcare limited

Ann: APIRx Acquisition Presentation, page-14

  1. 99 Posts.
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    Not going to lie, I was skeptical of the acquisition at first but had faith in the BOD (this is after going through the apirx patents etc). The presentation cleared alot of that up. The intention here is clear now, cannabis (duh...). Phillip Morris has goals to diversify beyond the smoking business. Question is how big is the weed business going to be? Make no mistake this is a long term play with the cannabis industry still at it's infancy and Australia clearly behind the US - thankfully we now have shop over there. Nicotin sales 5.3 billion per year... happy to take 0.1% of that
 
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