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4.2¢ suda pharmaceuticals ltd

Ann: SUDA Enters Agreement To Develop Cannabinoid Spray, page-105

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borisboy

2,412 Posts.

64

09/12/18

09:29

Post #: 36796753
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Originally posted by TheGreatAuk ↑

Quickly checked Suda website for anything about CBD spray. Investor presentation only talks about a CBD spray. My understanding was that investment in CBD took off because people believed it had many benefits, less likely to be abused and did not have as many adverse effects as THC. The FDA has approved CBD for a particular purpose not THC¹.

According to Zelda executive director Dr Stewart Washer, the hard part will be to convince doctors to prescribe cannabis products alongside established medicines. He says most of the companies are targeting purposes that only require low THC cannabis, such as for cosmetics. But pain relief requires THC and that’s where more clinical work is needed².

Zelda is the highest risk because it’s in such early stage research. A breakeven point could literally be decades away (Tim Boreham}². Also signifcant risk with Sleep³ and Autism⁴.

1https://www.fda.gov/newsevents/newsroom/pressannouncements/ucm611046.htm

2https://www.belldirect.com.au/smarter/insights/article/medical-marijuana-dont-inhale

3https://www.sciencedaily.com/releases/2016/10/161017155004.htm

4https://www.leafly.com/news/health/autism-and-cannabis-heres-what-the-science-says

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decades away? in other words a waste of time - WOFTAM

SUD Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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