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Higher volume the point. To take in both hands.
FDA Impact On CBD Market: With Federal Regulation, CBD Sales Would Hit $11B By 2027, Without It? $4.5B Less
8:00 am ET July 14, 2022 (Benzinga) Print
Cannabis research and data firm Brightfield Group released its latest report Thursday on the U.S. CBD market confirming that the CBD industry is highly dependent on Food and Drug Administration (FDA) regulations.
The new report estimates that if federal regulation happens by 2024, CBD sales would reach $11 billion by 2027. Without it? The market would hit $6.5 billion by 2027, meaning that federal law changes would make for a $4.5 billion difference. The $11 billion under new federal laws, would be mostly led by ingestible product sales growth, including capsules and gummies.
Furthermore, per the report, the U.S. hemp-derived CBD market is projected to reach $5.0 billion in retail sales in 2022.
While struggling without federal regulations, some CBD companies are finding alternative ways to get established in the space. One is by creating a name in a wider wellness space, which they achieve by developing and advertising non-CBD products and teaming up with other non-CBD-related businesses. This way, they're in a position to create a new customer base.
Key Takeaways
The top 5 CBD companies are the same as last year, with Charlotte’s Web (OTCQX: CWBHF) and Your CBD Store (SUNMED) being the first two.
Businesses that have experienced notable gains in the first quarter of the year include High Tide (NASDAQ: HITI) with NuLeaf Naturals, FAB CBD and HeavenlyRx/Simply Better Brands (OTCQB: PKANF) with PureKana.
Charlotte’s Web continues to hold the biggest portion of online CBD sales, while Your CBD Store (SunMed) and CBD American Shaman dominate in brick-and-mortar sales.
Topicals are expected to reach 41.5% of grocery CBD sales, followed by tinctures with 19.1%.
Senate Democrats to roll out weed decriminalization bill next week... https://thehill.com/policy/3559842-senate-democrats-to-roll-out-bill-aimed-at-decriminalizing-weed-next-week/amp/#aoh=16578636133430&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
THE WISE WQLF SAYS ; No wonder the volume was higher for a three day period due to DILUTION DILUTION DILUTION YQU Understand Have Mercy WQLF Ahooooooo
Outstanding Shares
145,278,165
07/04/2022
Authorized Shares
Unlimited
07/07/2022
Outstanding Shares
145,450,846
07/07/2022
Jul 11, 2022 0.5050 0.5070 0.4600 0.4600 0.4600 83,800
Jul 08, 2022 0.4890 0.5180 0.4800 0.5070 0.5070 126,800
Jul 07, 2022 0.4700 0.5040 0.4260 0.4840 0.4840 106,200
Jul 06, 2022 0.4280 0.4780 0.4280 0.4700 0.4700 127,500
Jul 05, 2022 0.4550 0.5050 0.4550 0.4800 0.4800 83,100
THE WISE WQLF SAYS; Add another 172,000 Shares to the Unlimited Outstanding Shares YQU Understand. Have Mercy WQLF Ahooooooo
Authorized Shares
Unlimited
07/07/2022
Outstanding Shares
145,450,846
07/07/2022
Jiminy Cricket Said;
THE WISE WQLF SAYS; LOL Time to invest in Pure CBD companies because Woke Schumer doesn’t have the votes thanks to the Republicans in the Senate YQU Understand. Have Mercy WQLF Ahooooooo lollipops
Dr. Joong J Fang Says: Recreational Dope is not good for society.
Wolfman Jack Says;
fyi - The Food and Drug Administration announced it intends to award a contract to a company to “provide online data subscription and analytic services to help address knowledge gaps and contribute to the foundation of evidence needed on cannabidiol (CBD) and other cannabis products to help inform development of surveillance measures, guide prevention efforts, and target education/outreach initiatives.”
Agreed and well said. Here is some stuff...
"Major Financial Institutions Push House To Approve Marijuana Banking In Defense Bill":
July 13, 2022
https://s3.documentcloud.org/documents/22084979/joint-letter-on-defense-act.pdf
https://www.marijuanamoment.net/major-financial-institutions-push-house-to-approve-marijuana-banking-in-defense-bill/
"CBD blunts the negative impact of THC on the brain, according to new neuroimaging research":
July 14, 2022
https://www.psypost.org/2022/07/cbd-blunts-the-negative-impact-of-thc-on-the-brain-according-to-new-neuroimaging-research-63505
"House Approves Marijuana And Psychedelics Amendments As Part Of Must-Pass Defense Bill"
July 13, 2022
https://www.marijuanamoment.net/house-approves-marijuana-and-psychedelics-amendments-as-part-of-must-pass-defense-bill/
"Acidic cannabinoids suppress pro-inflammatory cytokine release by blocking Store-Operated Calcium Entry ":
08 July 2022
https://academic.oup.com/function/advance-article/doi/10.1093/function/zqac033/6634246?login=true
"Cannabidiol Regulates PPAR?-Dependent Vesicle Formation as well as Cell Death in A549 Human Lung Cancer Cells":
6 July 2022
https://www.mdpi.com/1424-8247/15/7/836
"Cannabidiol Alleviates the Damage to Dopaminergic Neurons in 1-Methyl-4-Phenyl-1,2,3,6-Tetrahydropyridine-Induced Parkinson’s Disease Mice Via Regulating Neuronal Apoptosis and Neuroinflammation":
2 July 2022
https://www.sciencedirect.com/science/article/abs/pii/S0306452222003396
"MLB Approves CBD Sponsorship Contracts for Team Jersey Patches, More":
June 22, 2022
https://bleacherreport.com/articles/10039559-mlb-approves-cbd-sponsorship-contracts-for-team-jersey-patches-more
No, not confused. Just an honest mistake as I mentioned on previous post, Authorized Shares are Unlimited. As for my opinion, this means the share printing press is ready to churn out shares at any given authorization by the board.
So I stand corrected for my error, Authorized Shares are Unlimited, that still is not enchanting to me. The optics of Unlimited Authorized Shares is not good.
CW keeps making moves in ways none of its competitors can. Been saying it for long time - CW is best in class!!!
Pretty soon even they CV enthusiasts will get on board, if not already.
Yep, agreed. Here is some good reading. Although, the latest PR regarding insurance may change the "insurance never covers it" part. The House will be voting on the defense bill this week as well...
"Epilepsy patients navigate a murky, unregulated CBD market":
July 10, 2022
Is this piece of crap still in operation, well , not for much longer. Adios bagholders. CASH BURN...DILUITION....M
Yes, they are RE: Validating the science and making moves forward. CW is leading the charge.
More avenues opening up. Nothing wrong with that. It's all good.
Nice News...Looks like CWBHF teamed up with Validcare to pioneer into the employer provided health insurance market...
THE WISE WQLF SAYS; Check Out The DILUTION DILUTION DILUTION in JUST TWO WEEKS YQU Understand. More to come. Have Mercy WQLF Ahooooooo
Dr. Joong J Fang Said; Increase of 62,687 DILUTION DILUTION DILUTION SHARES.
Share Structure
Market Cap Market Cap
73,626,974
07/08/2022
Authorized Shares
Unlimited
07/04/2022
Outstanding Shares
145,278,165
07/04/2022
Restricted
9,340,634
07/04/2022
Unrestricted
135,937,531
07/04/2022
Market Cap Market Cap
75,511,981
06/24/2022
Authorized Shares
UNLIMITED
06/20/2022
Outstanding Shares
145,215,348
06/20/2022
Restricted
9,340,634
06/20/2022
Unrestricted
135,874,714
06/20/2022
No wolfe, your wrong, you know your wrong, I know your wrong, we know your wrong, enough said.
THE WISE WQLF SAYS; The itsy bitsy spider web is ALL about Spinning YQU Understand. Have Mercy WQLF Ahooooooo
Jiminy Cricket SAID;
THE WISE WQLF SAYS; Always Right YQU Understand. Have Mercy WQLF Ahooooooo
Jiminy Cricket SAYS ; More DILUTION DILUTION DILUTION and CASH BURNING Coming.
THE WISE WQLF SAYS; Jiminy Cricket is dreaming in Pinocchio Land YQU Understand. Looks like CWBHF will be burning more cash as they make another big SNAFU by attempting to enter the Already Saturated UK Market YQU Understand. Have Mercy WQLF Ahooooooo
Dr. Joong J Fang Said; The Analysis by Jiminy Cricket is way off. Using EVP to evaluate CV Sciences Value is downright misleading and at the utmost, ludicrous. If one had scrutinized the Inventory of CVSI,The Bean Counter would have noticed that it Is over 8.2 Million dollars.
WQLF Says; CVSI would go under if GE Jiminy Cricketer’s Premise that CWBHF would acquire CVSI. The only thing the itsy bitsy spider web company has to offer are the ashes left over from their Cash Burn operation. They don’t have any cash to offer, only worthless UNLIMITED AUTHORIZED SHARES .
Regarding product. I should state I have tried many different CBD products, I prefer CVSI sleep and reserve. That being said its only a personal choice.
The market place shows CW out sells CV 4-5 to 1. Qt after QT, year after year. For what ever reason you like, the market place has spoken. CW flat out sells more.
SG&A, your dead center there, I think the person/problem has been removed regarding that. The new CEO has stated his goals on that issue, has made a dent in the first qt and I will be looking for further improvements. We’ll see.
FDA is a sore subject with me, but it does affect everybody equally, so that would not be a factor.
Interesting except for 1 tiny detail.
CV has top notch product, CW not so much.
They also need to get that burn and S G & A under control.
AND the wild card.... the Pharma controlled FDA to do their job after 3+ years delay.
I think you’re on something there. Dilution is the solution. CW buys out CV for what 3.5, 4.0 million EVP worth. I don’t know if it would be that high but let’s say. CW quickly gets rid of JD the other board member left. 2 mil a year in synergy savings, pays for the company in savings in 2 years, Picks up 4 mil in product sales per qt. The best gets bigger, CV is finally put out of their misery. JD gets the golden parachute, you get the merger, everybody wins.
I mean sure you could let Cv just die out. They lost 99 percent already, clinging to those pay checks is not a business plan however, I say throw them a bone. The CW crowd won’t like the sink of CV products but it could be kept as a lower class offering. The share price goes up for CW, the misery of the CV shareholders is finally done, and all the shareholders of both companies make money. It’s a win,win,win.
I like it. It all makes sense, good call!
THE WISE WQLF SAYS; Good Morning to YQU Jiminy Cricket. YQU Got that Right. The DILUTION DILUTION DILUTION will have to continue or they will be in Trouble as in BANKRUPTCY Trouble as YQU are insinuating YQU Do Understand YQU Understand. Have Mercy WQLF Ahooooooo
GE JIM SAYS ;DILUTION DILUTION DILUTION leads to BANKRUPTCY
Where? Enjoying summer. It seems the talk here, at least from the one liner crowd is about BK.
Since they don’t even qualify for it, in bankruptcy court that is, nor could they at any time in the near future, it would seem {1} people are very confused or {2} just want to stir the pot.
Other than selling 10 times the product, that would be nice huh, the biggest concern imo is the SG
&A. They put a dent in that last quarter and have promised to lower yet again this quarter. They get a handle on that it will make a big difference.
I mentioned, on several boards, this is going to be a long summer. Can’t really talk about this, or any other company, with out bringing in the sector first, can’t talk about the sector without bringing in the markets, which of course are being rattled about the economy. There is no clean look from here on the overall, and IMO that will remain so until early fall at the soonest.
So, I say stay aware but sit back and enjoy some summer.
Are you confused? There are 145.28 million outstanding shares. You said " I cant believe anyone would invest in a company with UNLIMITED OUTSTANDING SHARES! "
What are you talking about?
Exactly!! and some think this PIG will survive BK. NO CHANCE!! This will NEVER EVER COME BACK!! EVER!!!
The entire premise of UNLIMITED OUTSTANDING SHARES is for the company to sell the living $H1T out of that paper. I cant believe anyone would invest in a company with UNLIMITED OUTSTANDING SHARES! Makes zero sense, the dilution never stops, your real value continues to be watered down daily.
As I posted earlier, years ago before being educated on CBD, I bought a bottle of Charlottes Web CBD oil. I followed the recommended dosage and found zero effect, no pain relief, no help with sleep. Turns out the bottle only contained 60mg of CBD and cost about $90. Later bought and tested other products for less with much, much more CBD mg's per bottle. These other brands were not only lower cost with more CBD, they actually worked in pain relief and providing relief from insomnia.
I ended up throwing away the Charlottes Web bottle after only a few uses, perhaps 80% of the product left and pitched right in the garbage. Overpriced and Overhyped, the Stanley Brothers are nothing but smoke and mirror carnival barkers.
With cash reserves used as kindling for the bonfire, and BK pounding on the door, WHAT WILL THE BAG HOLDERS DO ?....WHAT WILL THE BAG HOLDERS DO?......LMAO...M
Where y'all at?...
"No results were found matching your criteria"...
https://data.food.gov.uk/cbd-products/products-list?search=cv+sciences
"Validated"...
https://data.food.gov.uk/cbd-products/products-list?search=charlotte+s+web
"UK FSA Finalises CBD Product List":
July 7, 2022
https://hempgazette.com/news/uk-fsa-cbd-hg1734/
"Omega 3 Fatty Acid and Cannabidiol Prolong Lifespan and Ameliorates Brain Ischaemia in Mice Fed Chronic High Fat Diet":
Published: July 5, 2022
The only things happening here are intl initiatives actually moving forward vs. rumors propagated around our smaller competitors like CVSI!
CW will succeed!
THE WISE WQLF SAYS ; The only hope with their UNLIMITED OUTSTANDING SHARES is DILUTION DILUTION DILUTION. The seven dwarfs in my opinion ruined this company by raping it with the promise to make it profitable by selling MJ Dope YQU Understand. Have Mercy WQLF Ahooooooo
Dr. Joong J Fang Said; The Last of The Woke Mohicans are only a few bagatelles. Imagine that Cost averaging down is certainly out of the eQuation.
Wolfman Jack Said ;
CW is a cash burning piece of garbage, BK is looming...Adios bag holders...FIRESTORM...M
THE WISE WQLF SAYS; The WQLF loves piggy banks YQU Understand. Have Mercy WQLF Ahooooooo
User avatar
level 1
GreenGrowthWolf
·
1y ago
Take My Energy
“Unlimited authorized shares could be a symptom of share dilution in the future. But it's not the biggest symptom.
The biggest cause for concern that I've experienced is small insider holding of the shares. If the management and board don't own enough shares, they're more likely to treat the shares as a piggy bank.“
THE WISE WQLF SAYS; Unlimited Authorized Shares is very Bad. They will continue to DILUTE this Stock to Oblivion Have Mercy WQLF Ahooooooo
GoldRush Said;
Authorized Shares
Unlimited
06/20/2022
Unlimited Authorized Shares is never a good thing Wolf-man.
THE WISE WQLF SAYS; Shall we lighten up this Dead CWBHF Board?
AP17 Said ;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169320870
THE WISE WQLF SAYS; July 3,2022 Dead Stock Dead Board R.I.P.
PERFORMANCE
5 Day
-9.27%
1 Month
1.68%
3 Month
-57.50%
YTD
-53.75%
1 Year
-87.21%
Market Cap Market Cap
75,511,981
06/24/2022
Authorized Shares
Unlimited
06/20/2022
Outstanding Shares
145,215,348
06/20/2022
Restricted
9,340,634
06/20/2022
Unrestricted
135,874,714
06/20/2022
Short Selling Data
Short Interest
2,847,824
(25.87%)
05/31/2022
"Charlotte's Web Full Spectrum "Original Formula" CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process":
JULY 01, 2022
https://investors.charlottesweb.com/press-releases/press-release-details/2022/Charlottes-Web-Full-Spectrum-Original-Formula-CBD-Validated-in-UK-Food-Standards-Agency-Novel-Foods-Evaluation-Process/default.aspx
"Bipartisan Lawmakers File Marijuana Banking Amendment To Must-Pass Defense Bill In Latest Reform Push":
June 30, 2022
https://www.marijuanamoment.net/bipartisan-lawmakers-file-marijuana-banking-amendment-to-must-pass-defense-bill-in-latest-reform-push/
"MLB’s decision to allow CBD":
JUNE 27, 2022
https://www.sportsbusinessjournal.com/Journal/Issues/2022/06/27/Insiders/Marketing-and-Sponsorship.aspx
"New Synthetic Marijuana Restrictions Will Further Squeeze A Flagging Cannabis Industry":
June 29, 2022
THE WISE WQLF SAYS; Its REAL as REAL can GET YQU now Understand YQU Understand Have Mercy WQLF Ahooooooo
Dr. Joong J Fang Said; End of Year Cash on Hand. $397,000 USD.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169276471
THE WISE WQLF SAYS ; Good Luck with MJ Regulations. Have Mercy WQLF Ahooooooo
Lollipops
“ Study: Teen cannabis use rose, mental health declined in states with fewer legal restrictions”
“States that have legalized marijuana have seen increasingly strong THC products and a rise in mental health issues among teenagers, a newly released nationwide study reports.”
https://justthenews.com/nation/states/center-square/study-teen-cannabis-use-rose-mental-health-declined-states-fewer-legal
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