I agree it appears the company will focus on its trials and core cannabis IP strategy . I for one see it as a positive move for them to be clear on their strategic direction as the money saved on One Championship sponsorship can be put to better use and it illustrates the company focus .
Also whilst the company has money in the bank it I feel it is a strategic raise , hopefully into good hands which would put to rest any speculation of a need to raise funds . At the last raise the company did not look back from 3.8c and I would expect the same to occur with this placement . I see such a raise a s a positive endorsement so the company can focus on rolling out its strategy and news moving forward . AIMO.
IHL Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
