CV Sciences Inc (CVSI)

[Det_Robert_Thorne]

CannaVest can't compete at that level

Sure, competition is good, but CannaVest's business model and processes won't allow it to compete at that level.

It's already losing money at the high price it gets for its CBD, and will lose more if it has to lower the selling price of its products while keeping the high manufacturing costs.

The company was designed to take advantage of a specific loophole (for lack of a better word) in the law that gave it 100% market share.

Unfortunately, the rapid change in the (legal) market is quickly removing CANV's advantage over other suppliers.