May. 7 at 11:10 AM
$CHUC A quick CHUC summary. On Tuesday the FDA approved, for the very first time, 2 flavored PMTAs (legal permits required to sell to public). Fda approved them because the vapes offer age gating..preventing youth access.
At the Keller Symposium, industry experts immediately gave privately held Glas a
$1B valuation.
What this means for CHUC. After waiting patiently for over 5 years, and because Charlie's already has a deal with IKE (another AG vape device co) which is partially owned by
$ISPR, to launch (estimated 10 to 15) flavored pmtas with ag in the near term.
If you read the quote from Henry, he thinks 10 to 15 ag pmtas could be worth more than
$2B
2 key points.
Glas getting approved opened up the door...and I cant see how the govt wouldn't approve another player..they wouldn't want to turn Glas into a monopoly.
