CV Sciences Inc (CVSI)

[Det_Robert_Thorne]

I don't think they're distributing CannaVest's oils

The supplier of this company's CBD oil may be a company based in El Salvador, though headed by a guy from California, and if this is true, then this company is distributing for a competitor of CANV.

First of all, that PR mentions CannaVest more like an outsider, than a supplier.

Secondly (and more importantly,) I found a PR from the subject company that indicates that it is getting its CBD oil from a company called Cromagen Biotechnology.

ETST has an exclusive distribution agreement with Cromogen Biotechnologies ("Cromogen") focusing on the purchase of raw hemp-based CBD (Cannabidiol) rich oil.

http://lasvegas.ulitzer.com/node/3126364

Cromogen has a website, but curiously, it shows no address, and the domain name provides no clues via a "whois" search. Though the bio of the CEO, Michael Brubeck, lists several businesses in California, Cromogen isn't registered in CA.

http://www.cromogenbiotechnology.com/index.php?page=company

I was able to find a "Participants List" for a Hemp conference that was held in Germany this past May, 2014, and there is a Michael Brubeck of Cromagen Biotechnology listed, and it indicates that the company is based in San Salvador, El Salvador:

http://www.eiha-conference.org/11/tnlist

If this research is correct, then Cromagen is probably growing and processing its hemp in Central America.

BTW, from what I'm seeing on that other company's site, their CBD oil is much cheaper per milligram than CANV's.