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TSE:CMED

CanniMed Therapeutics (CMED.TO)

BUY ON WEAKNESS

This has a good advantage in that they have already expanded, and have 7000 kg per year capacity of dried bud, whereas others are planning that. They can go from sales level of about a tenth of that, to a higher level very quickly. Pesticides and contaminants are a big issue, and this company has pharmaceutical grade manufacturing at their Saskatoon facility of 97,000 ft.². They also have a facility in Michigan. They’ve been doing this for a long time. He likes medical more than recreational. He would wait for a lower price.

COMMENT

This has been focused strictly on the medical market, and not the recreational market. The stock is below where it was issued last December, probably because they have not talked about a recreational strategy.

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CanniMed Therapeutics (CMED.TO) Frequently Asked Questions

What is CanniMed Therapeutics stock symbol?

CanniMed Therapeutics is a Canadian stock, trading under the symbol CMED.TO (previously CMED-T on Stockchase) on the Toronto Stock Exchange (CMED-CT). It is usually referred to as TSX:CMED or CMED.TO

Is CanniMed Therapeutics a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on CMED.TO (previously CMED-T on Stockchase) on Stockchase. Read the latest expert commentary for CanniMed Therapeutics.

Is CanniMed Therapeutics a good investment or a top pick?

CanniMed Therapeutics was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for CanniMed Therapeutics.

Why is CanniMed Therapeutics stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for CanniMed Therapeutics.

Is CanniMed Therapeutics worth watching?

CanniMed Therapeutics is covered by Stockchase experts and is worth watching.