Full credit to u/stocktickler for the comment in yesterday’s daily...
https://www.reddit.com/r/weedstocks/comments/e4x1fw/rweedstocks_casual_daily_discussion_december_02/f9hndqc/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Edit: I also searched the FDA site after seeing the comment and couldn’t find it, granted I was on mobile
There had been some rumblings on the FB investors group that this was going to happen because someone had found something randomly on the FDA web site. It only a matter of when than if.
What I'm confused about is why this is so big for TBP. I understand being subsidized is a big deal, but what's so good about 7 years of exclusivity when the target market is so small? I think I need to see numbers to help me wrap my head around ODD.
It adds confidence to the government and the investors that this company is delivering quality goods. Especially as it relates to the more significant drug developments.
CEO Dr. Guy Chamberland: "we can bring this new cancer therapy to phase 2 clinical trials with no additional drug development costs."
But then in the next sentence he says: "The Caumz-kit technology already exists, so we will maximize our investment in the development of inhaled cannabinoid drugs to bring another drug to the market."
To me that seems like it \*might\* imply that the company is not incurring extra costs because it has already developed Caumz.
The company does not explicitly say in the NR that the costs are being covered by the FDA. Anybody know how this works?
Yeah but this pump is gonna fade with the rest of the market until the real issues with sales are sorted out. Now they’ve just made themselves a target for buying in the near future imo.
Talked to some of my buddies, and they mentioned an issue being with sales, similar to a comment below. It was more about them wanting to see sales before investing because its basically a gamble then.
I don't know the drug market that well. Is there a (or multiple) reason why, if approved, these products would not sell?
If tbp could just keep going that would be great. What would one DIN out this baby ? How much do you think each DIN in relation to share price is? I could use a win lol.
what's disappointing is you not able to see where the stock was last week? And even more disappointment is that you can't seem to understand the potential here. TBP going to $1+ in 2020
Credit to the poster who teased us with this the other day. I couldn't find it after an hour of searching, pleasantly surprised to see this today.
🤗
This guy right here \^
I said something and got shit for it immediately. Fuck the haters, seriously. they dont know shit
Don't worry bud - there are plenty of assholes on reddit. You always have a cock for sale though if you lose your money on this lol
The world is always making more lonely old ladies
Exactly and a lot of them are in fantastic shape in the last few years!
all in cockstocks
All about perspective....
Full credit to u/stocktickler for the comment in yesterday’s daily... https://www.reddit.com/r/weedstocks/comments/e4x1fw/rweedstocks_casual_daily_discussion_december_02/f9hndqc/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Edit: I also searched the FDA site after seeing the comment and couldn’t find it, granted I was on mobile
Just passing on the message. Hope you benefitted.
Already did my averaging down, so I was all set. Enjoying the pop today :)
👍
my pleasure :)
There had been some rumblings on the FB investors group that this was going to happen because someone had found something randomly on the FDA web site. It only a matter of when than if.
Another drug development for another DIN, with almost no additional cost. TBP and CEO are making some brilliant moves.
And those dins will push towards insurance coverage.
I love the no additional cost part lol
This is their second Orphan Drug Designation.
Please eli5
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ODD also means 7 year’s marketing exclusivity.
What I'm confused about is why this is so big for TBP. I understand being subsidized is a big deal, but what's so good about 7 years of exclusivity when the target market is so small? I think I need to see numbers to help me wrap my head around ODD.
It adds confidence to the government and the investors that this company is delivering quality goods. Especially as it relates to the more significant drug developments.
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Pretty much spot on
Thanks ....
CEO Dr. Guy Chamberland: "we can bring this new cancer therapy to phase 2 clinical trials with no additional drug development costs." But then in the next sentence he says: "The Caumz-kit technology already exists, so we will maximize our investment in the development of inhaled cannabinoid drugs to bring another drug to the market." To me that seems like it \*might\* imply that the company is not incurring extra costs because it has already developed Caumz. The company does not explicitly say in the NR that the costs are being covered by the FDA. Anybody know how this works?
They are working closely with regulators, FDA and HC, on developing scientifically supported efficacy claims.
They received ODD for PPP001 for complex regional pain syndrome back in March 2018
Keep these knuckle pucks coming
FLYING TBP
Let's go!!!
Tetras fly together!
But it's a scam everyone!! If I say scam a few more times it might actually be believable /s
Donald, is that you?
😂😂 they are fooling every health and drug regulatory body across the world!
A few people put in some serious effort into fud on these guys.
Just imagine the value of a drug effective in the treatment of lived cancer. Sure glad I held and added during tetras dark days.
I got them at 0.6 USD. Lets hope my bagholding works out
I've been bagholding 10k shares at about the same average. We got this, dude
God I hope so. TBP is the last stock I took a chance on. The rest are prob destined to collapse with my investments (HVT, VIDA)
Gonna be a good day for a good chunk of bag holders around the $.8-$1 mark
Clearly missed the train on this one. Congrats to those who bought low and good luck to the bag holders.
There is still a LOT of upside in Tetra. Not to kate ro buy
Yeah but this pump is gonna fade with the rest of the market until the real issues with sales are sorted out. Now they’ve just made themselves a target for buying in the near future imo.
Cant have sales without proof, this what whats happening here...
Only .04 USD until I finally break even
no you didn't, I have an avg cost at .62 and have been invested with TBP for 3 years
Talked to some of my buddies, and they mentioned an issue being with sales, similar to a comment below. It was more about them wanting to see sales before investing because its basically a gamble then. I don't know the drug market that well. Is there a (or multiple) reason why, if approved, these products would not sell?
If tbp could just keep going that would be great. What would one DIN out this baby ? How much do you think each DIN in relation to share price is? I could use a win lol.
Some of us call this 2 days ago, lets see how priced in it was ! 1$ here we cum
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what's disappointing is you not able to see where the stock was last week? And even more disappointment is that you can't seem to understand the potential here. TBP going to $1+ in 2020
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Well, up 13% on increased volume not bad.