Me too. But not even the greatest can be 100% certain what will happen. The thing I like about AC8 trying to make there own medicines is the patents. That sheet is the sticking point of many trade negotiations around the world. You only need one, and if it seriously treats an issue that affects millions of a governments people, they subsidise it. I forget what it is, but other companies have to wait years until they can produce generic medicine in order to bring the price down. In australia, we have the pbs subsidising many medicines that cost thousands, which many people need, and as a result benefit from a greater life. Have a research on some of the pbs medicines, which company produces them, and where they started/ what products they have. Youd be surprised at some of the results.
The main problem at the moment, is our red tape. Many people out their want to do the right thing, and do it legally. Our government is sitting on its hands on this one and currently forcing people to choose the backyard (read:illegal) options as its their only choice.
Even misinformation around thc is a prpblem, just ask any hemp farmer/producer. Even criminals try to raid there farm because they dont understand the actual plant, they just think marijuane=drugs=money. You couldnt even get high off that sheet if you smoked the whole paddock.
If you want to make money now, look for US/Canadian firms. A couple ASX listed companies have their foot in that door. If you dont need the capital, then the waiting game is on for the likes AC8. Although if you really want you can make some good swing plays, but that sheet aint fun, you lose in the end. At the end of the day, even the best placed companies can fail if they dont move with the times. Look at the steel industry, car manufactures, now the oil companies etc. This is a new (old) game, its going to be a fun few years watching growth. To me, ac8 hasnt hit a negative. Theres a few things to keep an eye out on, but nothing that is unherd of in the pharmaceutical game. Thats why we got a ceo that knows how to play ball.
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