HIT TO MEDICAL MARIJUANA ‘ENDOCANNABINOID’ CROWD.

Lenabasum, an oral synthetic endocannabinoid-mimetic that preferentially binds to the cannabinoid receptor type 2 (CB2) fails to to sufficiently separate from placebo.

Chart was looking great from last March, then every biotech investor’s worse nightmare.

Imagine buying 10,000 shares on margin Friday. $90,000 ($45,000 equity) was worth $23,000 this morning. Since you still owe the house the $45,000 you borrowed – you are NEGATIVE $22,000.

Mix that with a Labor Day hangover. Plop, plop. fizz, fizz..


BIOTECH NIGHTMARES, THEY HAPPEN

WALL STREET’S BEST CAUGHT OFF GUARD. JUST A LITTLE

Imagine owning

Unprecedented improvement was observed in subjects on placebo added to background drug therapy!” What the?

Corbus Pharma’s lenabasum flunks late-stage systemic sclerosis study, shares down 77%


‘We’re ahead of the pack’ in the Cannabinoid Drug Space, says CEO

Note is a synthetic, so maybe real cannabis would have performed better!

We added Corbus to the Watch List last April – so close to a double! Adding Corbis Pharma (CRBP) $5.55 to Watch List.