My other holding CAU is creaming it. Nearly up 10x and now paying a dividend. CAU does not have any nor plan on having any registered medicines, just oil not registered. So at some point will lose steam.
MDC close on a registered medicine. All it would take it 500k people world wide to buy 1 bottle of Nanabis per year and bring in $100,000,000. Now if the 500k people were to buy monthly would be $1.2billion annual income from half a million patients.
2 million yearly patients x 12 months $5billion annual income from Nanabis alone.
Is why GW Pharma did so well because it was widely accepted, Satviex was not a registered medicine either.
Is why $30million aus market cap for Nanabis so far sucessful is crazy cheap, considering MXC is worth nearly double, and BOT nearly triple the value of MDC and are not even close to what MDC have achieved and on the cusp of.
GLTA. big dividends and high share price to come in a few short years? If it is not bought out before hand!
Watch this space
My other holding CAU is creaming it. Nearly up 10x and now...
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