IHL - INCANNEX NEWS ARTICLES, page-273

Hey BV

Agree the first 12 months will be a Proof of Concept. There will be some ups and downs as you would expect in any new business.
But IMO there will be no shortage of potential patients (income), with up to 266,000 potential patients living in Victoria alone. ( 4% of the Population suffers GAD in any year )

The expansion plans (worldwide) might be done through licensing as mentioned in @rhino78 post yesterday
https://hotcopper.com.au/threads/ann-incannex-launches-psychedelic-clinics-business.7285879/page-185?post_id=66874106

We couldn't have a better Business Lead for the venture than Peter Widdows.

Peter Widdows: Co-Founder, Director, and Business Lead
Peter has been a Director of Incannex since 2018 and is also the Chairman of Sunny Queen Ltd and a non-executive director of Youi Insurance.

He has extensive business experience in the FMCG sector and was the CEO for a large part of Asia and Australasia, responsible for 18,500 people and multi-billion dollar revenues for H. J. Heinz Inc, an NYSE-listed multinational food company.

Peter has senior business experience across multiple geographies, throughout Asia, Australasia, Europe, and North America.

Peter Widdows has been driving this project since its inception and will continue to lead the Incannex-owned subsidiary for the foreseeable future.

Peter Widdows said: “This is both an amazing opportunity to do some good for humankind by delivering high-quality, effective treatments for debilitating conditions that often don’t respond to available treatments, and a great business opportunity, with a market that is predicted to mature into a multibillion-dollar industry segment.”

https://stocknessmonster.com/announcements/ihl.asx-3A614978/

My own research confirms this industry sector, just for GAD alone, has the potential for multi-billion dollars (TAM) in Australia. AUD$6-10BLN
https://hotcopper.com.au/threads/ann-incannex-launches-psychedelic-clinics-business.7285879/page-155?post_id=66846575
Extrapolate that worldwide is mind-boggling.

Combined with Peter Widdows's experience and drive for this business opportunity, early profits could be a nice surprise IMO it won't be too many years away. I am confident that some cash flow will commence in 9 - 12 months.

Good luck @Badvet73