It's a changing world Haj. Laws and regulations are changing.
J&J are leaders in amongst other things - developing and managing illicit drugs for approved medical purposes eg opiates / alkaloids - poppies including in Australia (TAS / VIC). They know the system, the politics, the management practices, the chemistry, the development, the sales and marketing. They are leaders in thebaine and other derivatives being developed to fight cancers. Cannabinoids and the other 100+ derivatives from marijuana will be of interest for drug development.
Monsanto are leaders in plant breeding, genetics and GM. The ability to improve required traits in crops eg increase yields of specific plant chemicals.
Good partners for Yissum and PYL to be working with.
PS MON is a great company. Glyphosate was one of the greatest discoveries in agriculture to date. Still is a vital tool for cropping today - that's feeding the world Haj!
MMJ Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
