Member Posts > Cardiol Therapeutics: A CBD-Based Biotech Poised for Expansion
Cardiol Therapeutics (NASDAQ: CRDL) is focused on CBD-based drug development for cardiovascular diseases, with CardiolRx™ in clinical trials for pericarditis and myocarditis. FDA orphan drug status could significantly expedite approval.
While the stock has dropped 40%, the company's $15.9M cash reserves and $99M market cap provide financial stability through 2026. Upcoming clinical milestones and strategic partnerships could drive stock appreciation.
Stock trades at $1.18 per share (Feb 19, 2025), potentially presenting a value investment in biotech.

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