Inmed Pharmaceuticals: RARE cannabinoids

"InMed is researching and developing rare cannabinoids as potential therapeutics for unmet medical needs. While the most prevalent cannabinoids, tetrahydrocannabinol (THC) and cannabidiol (CBD), are being widely used for a variety of reasons, evidence suggests there may be greater therapeutic potential in rare cannabinoids that are found in very small traces in the cannabis plant. Cannabinol, a rare cannabinoid, is the active pharmaceutical ingredient (API) in InMed’s two lead programs for dermatological and ocular diseases."  

"We have adjusted our valuation to  ....   US$33.34 (C$42.35) per basic share...."