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Nice move. Best CBD oil on the market.
could be iliad
Good day cvsi !!
See this is an issue with a stock like this...no followers anywhere. We need to talk this one up don't you all think?
total break out
At some point this thing is going to take off. When these industry-wide-legal-hurdles fall this company should be standing. This is definitely an investment of patience. The commercial #'s are going to have a breakout from where they've been in the next 1 or 2 years(I'm seeing their products for sale more and more in the Midwest now). When that happens this will start to get a head of steam. The leaders of this company need to get this SEC concern resolved as promptly as possible and focus on sales!! If this wasn't on the radar this stock would be double or even triple what it is right now.
Here we go CVSI. Something good in the work.
What a move today!! Been in since the 50s. Have wanted to average down and was thinking about it this morning and now almost to 20% moved today
when i did a review a few months ago i liked
grwg and nxttf. Neither is dependent on federal regulations for growth.
i really like this stock more than ever but to put all your eggs in one basket is so risky and so many have been ruined by doing it. on the flipside though cvsi is #1 market leader in cbd hemp; cbd is exploding; cvsi and cw(gencanna) are positioning themselves through mutual partnerships to be the pepsi and coke of cbd oil. cvsi is very close to GRAS certification for their cbd oil; this can help them get into the good graces of the FDA. hemp farming act has bob goodlatte (chairman of judiciary committee) on board and is getting a bunch of the farm bureau guys on board(huge!); usda is coming on board; goodlatte is the one that has stopped every other hemp farming bill since ron paul started introducing it. this bill can hopefully get past the house and senate and then utter chaos will happen. at that point the fda is going to come in and regulate the market but if you have GRAS you should be good. just in case there are some nuclear options that can be deployed just in case the fda wants to get crazy here (see antitrust laws). if the hemp farming act is passed i expect a steady climb to a 300 million market cap (currently 20 million). meanwhile until the act is passed we still have the 2004 HIA vs DEA 9th district court decision that seemingly allows all imported hemp products to be sold in the usa. that is the reason why the dea has not done anything regarding cbd oil (they would do something if they could); its been only locals messing with it so far and even they are backing off. the indiana excice police started busting it and then retracted(because of huge backlash) saying we have no idea whether its legal or not sell at your own risk. the fda wont do anything currently because they say the dea is in charge. once the dea is not in charge (hemp farming act passes) the fda is coming but cvsi brilliantly has been one step ahead with preparing GRAS certification. cvsi is probably the only one even close to GRAS certification also.
Meant to say no reverse split in 2017
MC, when you say future numbers will be big on reverse..are you referring to reverse stock split ratio?
look elsewhere for now at least.
Anyone has any potential stocks to look at other than CVSI..tempted to go in to lower my average cost..but I think I should wait it out. Average Cost around $.53
Any of you still think this would be a 10x?
this stock is worth 45 million with
GRAS certification which is a slam dunk from what i hear
current value 18 million
Gotta cut the position someone is attempting. They must of not swallowed the news in the call yesterday
wow 290k on the ask what is going on :)?
its a retail trader too; who is selling out here :)
mgmt has said an uplist will be accompanied by a registered offering. they will need to pay the iliad notes off and fund clinical trials with the registered offering. the consumer division is already cash positive.
Budfox, registered offering as in dilution? It happens at the same time as RS?
I would like to see those votes! Yes very defensive and tight lipped on SEC situation. The BOD has a fiduciary responsibility to do the right thing for the shareholders 10k and a step down doesn't seem like a lot to me.
registered offering and reverse split and uplist will happen at the same time. and that is dependent on the hemp farming act passing congress.
He sounded a little scared to utter reverse stock split... Almost defensive by repeating shareholders voted for this.... Banking is still 100% the issue and until the political environment changes, it doesn't matter if we are on the BB or Nasdaq, the company will remain toxic for financing.
Yes business as usual nothing we really didn't know. Just future numbers will be big on reverse in "2017". Nothing to change the status of the stock price. No comment on SEC or future dilution before they reverse us!
business as usual
1300+ stores
1000+ doctors office
#1 hemp derived cbd brand
ecommerce growing
largest distribution system out of anyone in the industry by far
market for cbd hemp expected to grow from 150 million currently to 450+ million by 2020
ind application and clinical trials expected 2018; no stated quarter yet; cvsi-007 industry for nicotine is a 2 billion market cap growing to 4 billion.
no comment on sec issue
no plans on share reverse split
Did anybody call in today? What was covered?
This is f ing ridiculous. I agree its just no interest at this point and lack of communication does not help
SEC investigations are no joke.
I don't think its being manipulated as much as there is no interest in it at this time. Would you buy in at this time?
Looks like the market has lost total confidence in this thing. Look at some of the other plays and valuations this thing is tanked. Sould be interesting to here what they have to say today. Does anyone know if they are taking questions?
Yes, he seems to be the drag.
Yes, he seems to be the drag.
I said that right when the SEC thing came out. They have the product and a decent team in place time to pass the baton.
This stock is such a POS lately. Mona gotta go
If they had stuck to retail only the price would be a lot higher but everyone wants in the pharma game!
I think Mona needs to step down (WE HAVE OTHER GOOD PLAYERS IN PLACE) and we get some confidence, SEC and looking like you were tied to Perlowin isn't good for anyone.
They're coming outta hiding. Probably attempt to stop the massive bleeding. Although we are touching last years lows before the run. Still a lot of political uncertainty that could get clarity this month. Fingers crossed!
If something significant had happened I think we would have heard it. The SEC thing is strangling this stock.
This should be interesting:
http://markets.businessinsider.com/news/stocks/CV-Sciences-Inc-to-Host-Investor-Update-Call-1002345545
yep you will have to get a pacer account; its free but you need to give a credit card. as long as you have less than 15 in charges in month they waive the charges. then you can go search for the case number and dig through the sludge. the case is in nevada district court.
I am sure you can find it at Pacer takes some digging.
https://www.pacer.gov/pcl.html
Do you have a link to the motion-How'd you find it? Thanks
Thank you DB let's hope the motion to dismiss works!
Pretty routine, if granted, that would be really good news, but usually denied.
from what i gather they submitted a motion to dismiss; i started reading it; its long. probably waiting on the judge or the sec to respond to the motion.
latest activity on the case:
15
Filed & Entered: 08/21/2017
Docket Text Motion to Dismiss
16
Filed & Entered: 08/21/2017
Docket Text Declaration
17
Filed & Entered: 08/21/2017
Docket Text Certificate of Interested Parties
Next month could be a big one:
https://www.massroots.com/news/here-are-the-marijuana-amendments-congress-could-vote-on-soon
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