• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

CDA - Cannabis Doctors Australia

Discussion in 'Medium/Long Term Investing' started by So_Cynical, May 5, 2019.

  1. So_Cynical

    So_Cynical The Contrarian Averager

    Posts:
    6,765
    Likes Received:
    340
    Joined:
    Aug 31, 2007
    Cannabis Doctors Australia - https://www.cdaclinics.com.au/

    CDA have set the date for their crowd funding launch, Thursday the 16th of May is the official public launch date and https://www.pledgeme.com.au/
    is the crowd funding platform, CDA is looking to raise 2 million, they have cash flow, first mover presence and a cool looking hipster front man - Dr Ben.
    ~

    ~
    CDA Clinics assists doctors and patients to navigate the process of applying, prescribing and sourcing medical cannabis legally. We provide simple to
    follow educational resources and one-to-one service from our consultant doctors free of charge. CDA have entered into an agreement with Creso Pharma
    to distribute some of their Cannabis products.
     
    Trav. and Ann like this.
  2. So_Cynical

    So_Cynical The Contrarian Averager

    Posts:
    6,765
    Likes Received:
    340
    Joined:
    Aug 31, 2007
    Cannabis Doctors Australia is showing the way forward and kicking goals, patient base is growing exponentially, and since launching in late October 2018 they have successfully processed over 800 Medical Cannabis patient approvals and over 1000 overall prescriptions, register your interest below to participate in the upcoming crowdfunding campaign .

    https://mailchi.mp/9b8bbc01cc91/cdahealth
     
  3. Lantern

    Lantern

    Posts:
    164
    Likes Received:
    28
    Joined:
    Oct 2, 2008
    Bout time somebody did something useful with these new laws.
     
  4. Ann

    Ann

    Posts:
    2,084
    Likes Received:
    996
    Joined:
    Dec 24, 2005
    Have a look at AGH, this is going very well adding around 10 new patients daily and this is done with 145 health care professionals not just one clinic.
     
  5. So_Cynical

    So_Cynical The Contrarian Averager

    Posts:
    6,765
    Likes Received:
    340
    Joined:
    Aug 31, 2007
    Thanks Ann - AGH also has a MC of 113m, the horse has bolted so to speak..

    EDIT: AGH is yet another producer/importer ~ CDA is a provider and distributor.
     
  6. Ann

    Ann

    Posts:
    2,084
    Likes Received:
    996
    Joined:
    Dec 24, 2005
    Yes, two different businesses certainly not in competition. A specialist clinic like CDA for cannabis would be a great idea IMO. The only reason I mentioned AGH is that it is working with doctors to make prescribing cannabis easier for their patients and is a listed company.
     
  7. So_Cynical

    So_Cynical The Contrarian Averager

    Posts:
    6,765
    Likes Received:
    340
    Joined:
    Aug 31, 2007
    CDA Health Equity Crowdfund Private Launch video, offer is now open for those that pre-registered, gen public in a couple of days.

    Raising up to 2m at $1 per share, 20m shares, possible listing a couple/few years down the track, has been operating profitably since March, not burning cash!
    ~
     
  8. So_Cynical

    So_Cynical The Contrarian Averager

    Posts:
    6,765
    Likes Received:
    340
    Joined:
    Aug 31, 2007
  9. So_Cynical

    So_Cynical The Contrarian Averager

    Posts:
    6,765
    Likes Received:
    340
    Joined:
    Aug 31, 2007
    7 days to go, 76% funded, 179 investors - this looks like it will be a tight finish, offer cannot be extended, genuinely surprised the demand hasn't been higher.
    Cannabis Doctors Australia is
    probably the largest suppler of legal cannabis in Australia, some facts and figures below.
    ~

    • 900+ Patients
    • 1,300+ SAS B Approvals
    • 1,800+ Prescriptions
    • 500+ new patient enquiries for the month of May
    • CDA Affiliate Doctor Franchise Program underway
    • 2 new hires in our Patient Care Team
    • 2 International distribution agreements
    • $370,000 investment pledged so far
    Seems a no brainer to me, the largest retailer and distributor today will probably remain so in 2,3,4,5+ years time.
     
Loading...
Similar Threads - CDA Cannabis Doctors
  1. Trader Paul
    Replies:
    161
    Views:
    39,236
  2. Ann
    Replies:
    45
    Views:
    2,497

Share This Page