I completely disagree with ‘ouch’. The oral healthcare business of IHL has never made money and wasn’t really going anywhere. The CBD side of the business is now clearly the focus and they want to find that major breakthrough in one of their four trials, which could lead to billions in revenue. I’m happy they are focusing their attention on one thing now, especially in the current climate where there will likely be a lot less contact sport for a while.
IHL Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held