CV Sciences Inc (CVSI)

[Det_Robert_Thorne]

"Quick hit artist"? That's a laugh!

I've been writing about CannaVest since it's inception, and my analysis is rarely wrong.

I knew that the holding period for restricted stock for accredited investors is six months, as in April, 2014, I was writing about the eventual effect of the $1 shares comming off restriction:

Sure, Sobieski bought some shares, but I would be more concerned about the outside "accredited investors" who bought several million shares for $1 in December, 2013 and January, 2014, and who will be able to begin selling them in June and July.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100690622

I simply misstated the six month holding period as twelve in the earlier post.

In Sept, 2014, I anticipated the $2 offering (actually, that they would need another offering for high-CBD marijuana):

CANV isn't set up to grow its own marijuana, and by the time it might start doing that, it will have used up nearly all of its cash from the $1 stock offering of Nov/2013 - March/2014.

It will therefore have to raise cash via another stock offering to either pay others to grow the marijuana or start its own grow operations.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106028156

Regarding the Apple/Microsoft comparison, it's specious, because Apple's valuation is based on the i-universe it has essentially been able to create.

CannaVest is now simply one of several manufacturers of CBD from industrial hemp, which is becoming a commodity as more manufacturers enter the market. Their product and process is in no way unique.

In addition, as more states legalize marijuana or CBD from marijuana strains, CannaVest will continue to lose market share, as I've been saying for months:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109146633

The 2014 results were underwhelming, and the strategy to lower prices to gain market share may show a short-term gain in revenues, but ultimately, the market will have its way.

At some point in the near future, if the stock price continues to fall, CANV will cancel the $2 offering, just as it did the $1.50 offering last year, and eventually have to re-offer at a lower price.