Anyone can sue anyone at any time regardless of merit. But NO they likely will not recover their legal fees to defend. This is why so many never see a courtroom its often cheaper to settle for a much smaller amount. Until everyone in Congress and Senate IS NOT a lawyer we are stuck with a broken system that could be easily fixed "LOSER PAYS LAW", it would cut civil court cases by HUGE amount and put many many lawyers out of practice. All that said though this plaintiff will face numerous defensive strategy that may have a court motion in favor of defendant take away all their steam.

The stock has been a trading vehicle all year if you look at intraday action history, it was actually more tradeable for most of the uptrend as intra day action was often very predictable/reliable.
That's NOT a negative on the company as an investment. The overhang of lawsuits are currently a very manageable expense, UNLESS there is a ruling by the SEC which appears unlikely given the rationale presented.

Potential Catalyst of an uplist has become more speculative given the shadow cast, but in reality most uplist circumstances only give temporary lift to a share price anyway. Growth and increasing attention to the space on big M&A and recreational Canada, Farm Bill, Potential upside surprise next Quarterly call...all would appear positive to lift us at least to the mid range of the gap peak to trough, look for directional improvement. I don't think this consolidates very long at these levels.

Does anyone have CWEB prospectus financials, for comparative valuation vs just Market Cap?? It seems their IPO is geared toward getting participation in the Canada Market an advantage especially if it allows further global reach to propel growth. BUT...how do their financials look? Debt? etc

CORRECT!!
Canopy down 10%
Aurora down 9%
Tilray down 7%
Aphria down 10%
Cronos down 10%
This News is not news other than the company has made its position clear. Read SEC rules regarding "materiality" and Supreme Courts precedents directing a high standard to preclude companies from inundating investors with minutia that would confuse and prevent sound decision making.

Volume is in relative decline compared to recent peaks, and is more choppy with single spikes that are likely market makers. On the T/A we are dancing just below the 200 day SMA not strong enough to call support or resistance here, but a market maker could break it either direction, or News! Its a Nail biter how ever you look at it.

****Still looking for real comps***
Many comparisons I see just really don't look that relevant. Primarily I'm interested in US specific plays. Charlottes Web IPO appears based on them gearing for Canadian Expansion. Others are Canadian/Global non US and or broader general cannabis.
Also any thoughts on Canadian NEXT big liquor M&A candidate. CGC continues to run oddly but already has its deal and no way gets another with Constellation potentially controlling. Diageo has ties already to Aphria Exec's and also an exclusive distributor agreement with Glazers that is also closely tied to Diageo, they also already have a toe in the US market. They have better value and performance than peers but continue to underperform. This one just seems like obvious but what am I not seeing that the market is seeing??

I agree. Really wish that I would've hung in there Monday but greedy to hold my gains I bailed ( apologies to fellow longs ) Now looking for a good reentry ( getting close ). In hindsight I also regret I didn't scratch my itchy trigger Monday above 8 , I'd already be back in. As I've said I suppose its likely in the company interest to not engage dialogue that may further incite Citron/others and just let it die off unfounded. However, personally it would be great to have something to more confidently shrug the shadow of doubt. The only legit problem is NOT the patent issue, its the question if there actually is an SEC issue, or based on the prior reaction...more muck raking by Citron/others. Good Luck and no complaints, I've made nice profit. playing with the runup in some Canada plays right now and watching closely.

Agreed at or near $6 is the current short term support, uptrend still well intact. The violent volatility this past week is worrisome, but we have to remember just a couple weeks ago peeps here were overly exuberant calling for $4 by September. A consolidation period at these levels is really the most bullish thing that can happen ahead of next positive catalyst at least one of which is GUARANTEED : A move from investment in now way too heavily valued Canada to way undervalued US company's. All US companies are going to see increased interest for a period and THIS ONE has GREAT BOOKS!

How can their be a plaintiff if there are No damages??
" Your honor my client has been damaged by receiving 2000% profits on his investments in the past 8 months alone "

I've seen similar reviews that appear objective and CV product is #19 on their reviews. All of the reviews seem fairly subjective except price comparisons. The Quality assessments don't list any objective criteria and seem pretty subjective opinion.
All said the rising tide is lifting all boats at the moment, CVSI does and WILL have competitors, possibly most significant will be the General Cannabis behemoths.
CVSI advantage in the smaller CBD market will be their financials.... they will have a competitive advantage over similar size players. Big Cannabis may have a source advantage, but may also create an oversupply of raw ingredient that will benefit CVSI and all competitors equally. No matter how you slice it in the short to medium term CVSI is a very solid investment. As long as they continue to manage well and drive loyalty along with growth they will be a major player.

Oh and YES ! I told both customers and the shop keep about the company stock and how much money I've made. #bullfinder

No doubt! It's hard for me to jump back in now after taking off the profit, I tend to feel like putting gains to work has to be treated like new money. I'm definitely watching closely for ( as holder you don't want to hear, sorry ) a decent pullback below or closer to where I jumped off.
And to your point : That catalyst likely occurs with signing Farm Bill into law and the DEA separating and de scheduling CBD as an ingredient in agricultural hemp and/or synthetics. Pretty sure that WILL happen as it stands the FDA approved Epidiolex cannot even be prescribed or filled in Georgia and some other non legal states.

Purple Mountain Natural Market Rome, Ga is the correct store discussed.
I know it sounds crazy coincidence but it happened. This stuff hits the Walmart shelves and it is seriously going to the moon. This was a tiny and really not well located little shop, it just happens to be a block away from my ex wife and where I just visited my daughter...this was purely a coincidence and I've been interested in trying CBD for her. I will give an assessment or endorsement after she's tried it for a while....my endorsement is only that this Happened, the stuff has got to be selling like crazy....what are the odds ??

Also, I'm youthful mid 50's. The other two customers were both men older than me and both were buying for a spouse each with different medical issues. Both appeared to be well educated affluent and both are faithful experienced believers in the product, one said "nothing the doctor prescribes is as effective without adverse effect".

I live in a small Georgia town. The shop is called Purple Mountains Herbs. I have never set foot in there before, and was really not there for stock research. My 18 year old has tons of struggles anxiety, depression, adhd and has had some recent emotional crisis. Georgia is not legal Marijuana and CBD is around but not very mainstream. I've heard rumors that a lot of what is available is not legit CBD and I went in there to ask questions not even knowing if they carried CBD in any form. BEYOND compelling coincidence that I experienced what I did and it was all CVSI product. Could totally have been a fluke. I was only there maybe ten minutes but three customers, three sales $89.95 each and nothing else sold. The shop keep had three small cases he was trying to put on shelf, and said its moving like crazy. I gotta get back into this stock!

I regret that I sold at 5.30 in the Monday Panic. Would feel better getting back in a little lower, but only so that I can take back similar size and feel good about it. Sidebar story : have never used CBD but just stopped by an herbal shop to ask about CBD generally for my daughters anxiety. Approach the counter waiting on one customer the guy is buying Plus, I wasn't even looking for CVSI just questions about CBD generally. Shop keep and customer both engage me on the positives of CBD and the quality of Plus, then in walks another customer also ONLY there for the Plus. Each of us bought a bottle of 15mg softgels at $89.95 each....Nobody else was in the store nothing else was sold. I'll let the board know if it works for my daughter...but ITS DEFINITELY SELLING !

Citron posts their 70% profit on Tilray that came off them tweeting and promoting a $45 price target 25 minutes before tweeting their unsubstantiated fraud implication on CVSI. I hope everyone has filled out an SEC complaint against Citron. Not sure what they can do as Citron is private but it sure seems like it may be criminal, at the very least see if citron had bought CVSI or shorted it prior. That rocket up above $9 from sub $7 just ahead of the tweet and crash looks really suspect. I'm still hoping CVSI dips back a little lower to make it worthwhile for me to put back on some risk, but ALSO...PLEASE CVSI/ SEC make some sort of announcement addressing the company is in good standing with SEC etc.

The run up Friday and especially Monday ahead of the Citron Crash were no doubt a little overheated ( especially Monday suspicious with crash right behind it ). But HERE?...doesn't look at all over exhuberant, draw a line between Friday midday and now, looks like a healthy consolidation of a robust uptrend. I unfortunately DID "flip" Monday, got caught up in the fever going up...itchy trigger finger being withheld turned into panic sell at $5.30 that would probably not have happened had the stock traded there from the open without the huge uptick and crash...volatility is normal....THAT was NOT normal!

I'm keeping an eye on it. The technical's have been overwhelmingly positive when you look at the majority of them. Including through the crash Monday most technicals were still flashing buy. In hindsight our low of that crush was about 15 times my entry in December. I regret the panic sell at $5.30 ...should've kept my head, but the reaction was just so severe and I always try to remind myself this is a comparatively speculative play. NOW I'm looking for a good opportunity to re-enter ideally a little lower, plus I would still really like to hear the company address the Citron tweet. Good luck to you guys. I can't complain too much I managed a $6000 net profit in under 8 months. STILL wish my original entry had been much much larger.

ALSO, Considering the timing of these patent filings occurred prior to the company closing the prior SEC issue with settlement....pretty hard to believe that there could have been an SEC issue while they were likely still reviewing the company.

Agree WAY overdone on the "news". The candidate drug is just a speculative albeit promising addon. As it stands its purely a cost only and in a way being free from it could potentially help the stock ( more cash generation vs burn ). I think it was the careless line : "SEC FRAUD??" that caused the reaction. I was hanging in there until it collapsed so violently through supports and even briefly through the 200. Feeling like I should've hung on but took my profits. Would LOVE to hear the company make a statement and assert their position, perhaps they're looking for SEC guidance as a statement of no wrongdoing from there would be most impactful. IDK

All valid, and perhaps silence is a strategy to not add to the story and evoke further adverse messages and claims.
However as an investor I'd appreciate a concise response clarifying the company position on the allegation. I may have been in panic mode selling my position when it broke so precipitously through short support and way through the 50 SMA yesterday. I got out at $5.30 to take profits and would like to get back in at a favorable level ( even if small deficit ). BUT, I would like to hear something from the company whatever it may be. I'm not concerned about doubt on the 007 candidate, that was speculative at best anyway...BUT "IF" an SEC investigation actually does come to light it hurts other forward catalysts. I JUST want to hear what they have to say so that I can make my own assessment of risk/reward.

Done! Thanks for the link SpaceLady !Encourage everyone to make a complaint. FYI, can't find a mailing address for Citron anywhere and their only method of contact is an email text window. listed as private company no phone or mailing address on D&B and Bloomberg lists.

Thankyou that's an awesome article. EVERYONE needs to complain about CITRON to the SEC. I just hope that I have a chance to reenter my position I was compelled to take profits on the decline today.

I don't see any CVSI related posts from Alan B. Can you give specific direction or a link? Andrews tweet shows 10:20 not sure if that's EST, collapse began about 12:45 EST. Anyone have the time EST Ameritrade regurgitated the tweet?

EXACTLY 25 minutes after he Tweets :

Today is the day that everything has changed in Cannabis. Real $$$ into space. Next to get support should be Tilray $TLRY tgt $45 citronresearch.com for full story

He then Tweets the CVSI claim without a link to his website or a full story offer. The Headline story is promotion of Tilray and a $45 price target. "NOTHING" there to add color or detail to his CVSI tweet!

LOL ! well color me irrational. I'm totally fenced until we get some clarity. The heady froth above $9 had my trigger finger itching at the top, but I held as the TA has just been so solid. Hung through the first half of the decline, but pulled the ripcord when I saw the tweet. Foolish as I had no real risk here, could've calmed myself and/or only shaved part of my position. Now I'm out and waiting for reentry opportunity hopefully, but objective enough to wait for clarity.

Hoping for some clarity from the company. However, on the surface :

Involves only the investigative drug candidate that is NOT generating sales or profits, and does NOT seem to be the basis for the stock price improvement.
Throws a question mark on SEC Fraud which is careless at best.
Potentially inaccurate in regard to patent pending process and company responsibility to report.
UNLESS SEC does get involved this seems WAY over reacted at this point.
Wish I'd have hung in there, but I bailed to take my profits during the free fall. Shame on myself. HOPING for a reentry, but awaiting clarifications from CVSI.

ACTIVIST and SHORT SELLER Andrew Left Research company. I don't follow him closely but recall seeing him calling for a death spiral in NVDA to go down hard when were at $100 and also Tesla around the same level.
His Tweet today does not seem to appear on the website for any scrutiny,BUT a very timely recommendation of TILRAY does??

Didn't see that...WOW!

Thankyou! That appears to be a law firm reacting to the Citron tweet and NOT the SEC. Film at 11 ! Reminder anyone can get sued and if you're loading up capital you are a BIGGER target. I am anxious to see CVSI response/reply. WHERE is the PR Department?

I haven't seen THAT ! Can you post a link?
All I've seen is the Tweet ( NO POST on their Website, just a tweet?? )
from Citron that throws a question mark and an unsubstantiated claim about patents that MAY prove to be inaccurate/misstated.

CORRECT! Just posted this morning that I wish I hadn't sold half my initial stake ( .28 entry ) at $1.00. But that kept me from ALL risk even if this had gone to zero! I did bailout during the freefall taking an awesome profit, but now wishing I'd only shaved half and stayed in the rest. NOW , just want to see company statement and/or clarity and hope for a good reentry point.

DONE! Please keep any reporting. I hate that I had to bailout, we're already seeing recovery to levels higher than we started last week's run.
If this turns out to be overdone/inaccurate story, as long as SEC is not involved the fundamental story is intact. 007 candidate was only an icing on the cake speculation, NOT driving the stock price. WACTHING for clarity and a chance to reenter.

Notorious Short A Left. Was wrong about NVDA too high at $100, Tesla at $110 too high.
Unfortunately I could not stomach the free fall CVSI and took off a nice profit. This news is possibly overdone as its only based on the Pre Clinical Candidate..which is only a small and speculative part of the story and could also prove premature/inaccurate from what I hear about Patent approval process. WATCHING for more and potential to get back in at a huge discount!

We've seen these moves over and over and they need to be compared on % of price basis as the numbers are bigger now: painful retraces from overheated runs that quickly bounce and recover. FLUSH out sellers now before a run at $10! BULLS stay in here!

I got in at .28 and took off half at $1 ( had placed a GTC order at initial and FORGOT about it ), so technically have nothing at risk here. SURE WISH THAT I HAD THAT HALF BACK THOUGH....or had enough confidence to add to the position. This one is a game changer for so many! SO nervous about being too exuberant but it just has such TA strength and with the solid fundamental story, timing with multiple catalysts....just gonna watch the supports, volumes, and 50 SMA and try to enjoy the ride.

Way too thinly traded, only a few times a day and only a couple thousand shares per day traded.

$3-4 up from this current level sounds correct.
A significant % of newly uplisted stocks see 50% share price appreciation in the first days of an uplist, many pullback afterward. However, I don't see many with comparable financials/ fundamentals, and future short-mid term catalysts. TIMING seems excellent so there is a tremendous potential. Imagine some positive news on the 007 pre trial, uplist gets approved, Farm bill passing, Jeff Sessions resigns under pressure from Administration, lead up to October Canada recreational use( which isn't relevant other than added speculative interest in everything cannabis).
I don't believe comps to Canopy, Tilray, etc are valid as they have the other cannabis channels and are established/increasing globally. I just can't find a really great comp to CVSI.

ISO true comparable. I don't think we can compare to the large general cannabis players as their potential market is much larger than just CBD, though they are potentially the threat as they are positioning to control plant based supply.
Others that are CBD specific are not at all comparable on financials and/or untradeable on way too little daily average volume.
Is there any that have financials that are at least promising?
Is any significant player seeking a smokeless tobacco cessation product ( ours is very early stage, but IMPORTANT as this channel doubles the potential total market cap for CBD )?
Anyone have visibility on synthetic CBD ( source supply ingredient, etc)?