CV Sciences Inc (CVSI)

[Det_Robert_Thorne]

Except for the existence of Charlotte's Web

The problem with KannaWay failing is that CannaVest can't be totally dependent upon RSHO and Plus CBD oil in an age where both states and the federal government are working to pass bills to allow the use of CBD-rich oils obtained from marijuana/hemp strains like Charlotte's Web, which are naturally at 15%-17% CBD, versus the 3% CBD of raw hemp oil from CANV's special, high-CBD cultivars.

That means that there is far less processing involved, which is why a two-month supply of oil from Charlotte's Web costs only $600, versus the $2,600 for the same quantity of CBD in RSHO.

CannaVest needs another revenue stream from fancy, high-priced beauty products like Cannabis Beauty Defined, and overpriced CBD KannaKick chews.

Without willing KannaWay dupes to buy the product and try to sell it to friends and family, CannaVest won't have that revenue to get it though the period of increasingly tougher competition from both Charlotte's Web and R4 marijuana, and cheap industrial hemp CBD oil from China.

With KannaWay declining, CANV is really screwed.