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Institutional 13f buying last quarter
ROYCE & ASSOCIATES LP Bought 250 Thousand shares
LSV ASSET MANAGEMENT Bought 186.5 Thousand shares
FNY CAPITAL MANAGEMENT LP Bought 91.4 Thousand shares
Fidelity Rutland Square Trust II buys 186 thousand shares
This is a good morale booster knowing they were willing to pay closer
to $6(except Fidelity-closer to $5) per share.
Thanks for posting this Woldoweed.
Probably the day after annual meeting its off to Washington DC. https://www.crnusa.org/events-education/day-hill-2019
I thought they mentioned the current status regularly as Patent Pending. The legal definition of:
"Patent pending is the term used to describe a patent application that has been filed with the patent office, but has not issued as a patent. Patent pending indicates that the inventor is pursuing protection, but the scope of protection, or WHETHER a patent will even issue, is still undetermined.
This tells the investor everything until its issued or not issued.
We will get word one way or the other when its issued or not issued.
For now its patent pending.
Pretty simple
I'll be voting for the "evergreen"
This isn't for the Mona's but its for the present and future "Stuart Tomc's" and "Josh Hendricks" in the company. In California its a must
to be able to offer the best present and future employees the incentive
to grow and prosper with the company.The options would start in Jan. 2020
when cvsi should be will on its way new sp highs. The options would be granted at a stock price (hopefully) much higher and they would only benefit if the sp keeps rising. Motivation
One of things I noticed on the Fidelity purchase was the legend (b) after the company name. When you scroll down to look up the legend meaning it says(b) Security or a portion of the security is on loan at period end.
When you look into the meaning of this in investopedia it says Securities lending is important to short selling, in which an investor borrows securities to immediately sell them.
So it seems Fidelity loaned the shares they purchased so someone could short the stock. This seems counter productive unless your confident in the long term. Anyone else have a interpretation of the legend(b)?
Wow. Fidelity purchased 186k shares.
https://www.sec.gov/Archives/edgar/data/1364924/000137949119001867/filing1018.htm
During last years annual shareholders meeting in front of 200 plus shareholders I asked Joe during the Q&A segment about the possibility of
the patent not being granted.( I was a aware of the status at the time of
the "final rejection" but realized it was just part of the patent process). I wanted to know if the 007 product would proceed in a generic form without having the patent protection. Joe answered to the effect that the company was proceeding until all the patent options had been exhausted in the hopes the patent would be granted and there was no plans for a generic 007 product. It was clear to me a a shareholder and should have been clear to other shareholders that the 007 product was in limbo and could go either way.
I was at corporate store #228 in Point Loma where only topical cbd will
be sold. The ones in Sprouts Eastlake and Sprouts 3rd Street are said to be
non corporate and do already carry the PlusCBD ingestible products.
Yes I also DD'd the local Sprouts today who confirmed that topical's
only would be sold soon. She said they were in the back already but would not tell me the brands.
New PubMed study on PTSD by same researchers who did anxiety study using cbd supplied by CV Sciences.
https://www.ncbi.nlm.nih.gov/pubmed/30543451
Huh? Only you could come up with that conclusion.
Looks like Judge is only concerned about "due process".
Update to court proceedings.It seems the involved parties did not get together as required so Judge has ordered they do so. Maybe they will reach some type of deal by May 9th?
This matter is before the court on the parties= failure to file a proposed stipulated discovery
plan and scheduling order. The Complaint (ECF No. 1) in this matter was filed August 24, 2019
with an Amended Complaint (ECF No. 30) being filed January 4, 2019. Defendants filed their
Motion to Dismiss (ECF No. 33) March 5, 2019. Pursuant to LR 26-1, the parties were required
to meet and/or confer as required by Fed. R. Civ. P. 26(f) within thirty days after the first defendant
answered or otherwise appeared, and fourteen days thereafter to file a mandatory stipulated
discovery plan and scheduling order. To date, the parties have not complied. Accordingly,
IT IS ORDERED:
1. The following discovery plan and scheduling order dates shall apply:
a. The parties shall meet and/or confer as required by Fed. R. Civ. P. 26(f) not
later than May 9, 2019.
The Fly is reporting a meeting April 30th with Northland Securities. Northland has projected earnings for CVSI Q1 as 15.9m. Being conservative this time around I feel this may be a little high but future Q"s will surpass Northlands estimates
https://thefly.com/landingPageNews.php?id=2895642&headline=CVSI--CV-Sciences-management-to-meet-with-Northland
Their website now says summer 2019. They may be also waiting for a signal from a higher authority.
https://manitobaharvest.com/cbd/
Manitoba Harvest said last month they will be starting the GRAS process for their new hemp extract to be released in May. Tilray just purchased Manitoba. https://www.nutraingredients.com/Article/2019/03/11/Trendspotting-at-Expo-West-2019-CBD-explosion-oatmilk-on-fire-protein-still-hot-sugar-under-attack?page=5
FNY Investments purchased 91,356 @ 5.91 a share.If I'm reading this correctly.
https://www.sec.gov/Archives/edgar/data/1742998/000174299819000003/0001742998-19-000003-index.htm
Seeking another meaningful hire this week (Controller). Last week it was Project manager for drug development.
CV Sciences, Inc. is in search of a self-directed, hands-on and experienced Controller to oversee all accounting and financial reporting activities. The successful candidate will also direct our SOX compliance, establish accounting policies and procedures, and provide functional guidance to IT leaders to facilitate effective use of financial computer resources. This is a fantastic opportunity for a professional who thrives in a busy work place and is well-versed in working closely with senior management.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
These may include but are not limited to:
Oversee day-to-day accounting functions; supervise assistant controller, who oversees AP, AR, GL, and payroll
Ensure external reporting is in compliance with all SEC rules and regulations. This includes timely and accurate preparation and filing of all 10K, 10Q, 8K, proxy, Section 16, etc.
Prepare and provide timely and accurate monthly financial information for internal reporting (monthly financials, department reports and KPI). Provide meaningful financial analysis to senior management.
Establish and maintain SOX control processes and corporate accounting policies and procedures
Identify process improvement opportunities and analyzes them for efficiency (waste, complexity, cost) and effectiveness (achieves desired outcome)
Technical accounting research
Interact with external auditor on quarterly reviews and annual audits
SKILLS AND ATTRIBUTES:
8 to 10 years accounting experience in a senior accounting or financial management role
Bachelors degree in Business, Accounting or Finance, CPA required
Public accounting (Big 4) experience a plus
Thorough knowledge of US-GAAP and SEC rules and regulations
Hands-on SOX experience
Previous experience in manufacturing company
Strong interpersonal and communication skills
Self-motivated and self-directed
Ability to work closely with a senior management team
Excellent problem-solving skills, analytical thinking, with strong attention to detail and accuracy
Job Type: Full-time
Experience:
Accounting: 8 years (Required)
Education:
Bachelor's (Required)
License:
CPA (Required)
Sirius xm radio host Radi Zuckerberg with 189k followers Tweeting away about CVSI. Anyone listen to the show?
https://twitter.com/randizuckerberg?lang=en
A 24 hour fitness is carrying Pluscbd balm here in San Diego. Unsure if its nationwide.
https://www.webstagram.one/media/Bv2U3lqgP0V
Forwarding cbd legislation #1 on CRN policy agenda.
https://go.epublish4me.com/ebook/ebook?id=10099610#/24
If you scroll down to page 33 and 36 you will see the terpenes listed in pluscbd raw and gold formulas.(Along with all the other good stuff.
https://www.lpma.net/images/2019/Cannabinoids-and-CBD-Moving-Forward-by-Michael-Lewis-MD.pdf
Informative presentation from CVSI advisory board member Michael Lewis last month.
https://www.lpma.net/images/2019/Cannabinoids-and-CBD-Moving-Forward-by-Michael-Lewis-MD.pdf
CV Sciences accepted into CRN membership. Becomes voting member
https://www.drugstorenews.com/otc/crn-opens-membership-to-cbd-companies/
http://www.crnusa.org/membership-member-center/member-companies
I believe you are right and the fda does allow cbd in cosmetics. The FDA updated their Q&A yesterday in regards to CBD in cosmetics. Lets get the "New Harvest" cosmetics launched.
13. What is FDA’s position on cannabis and cannabis-derived ingredients in cosmetics?
A. A cosmetic is defined in 201(i) as "(1) articles intended to be rubbed, poured, sprinkled, or sprayed on, introduced into, or otherwise applied to the human body or any part thereof for cleansing, beautifying, promoting attractiveness, or altering the appearance, and (2) articles intended for use as a component of any such articles; except that such term shall not include soap."
Under the FD&C Act, cosmetic products and ingredients are not subject to premarket approval by FDA, except for most color additives. Certain cosmetic ingredients are prohibited or restricted by regulation, but currently that is not the case for any cannabis or cannabis-derived ingredients.
He says he will be contacting CVS and Walgreens. If they need to pull the products due to pressure
then congress will hopefully step in to expedite legislation reform in favor of cbd.
Todays weakness started after FDA tweets.
Scott Gottlieb, M.D.
@SGottliebFDA
3h3 hours ago
More
We’ll be contacting them to remind them of #FDA obligations and our commitment to protect consumers against products that can put them at risk.
6 replies 2 retweets 10 likes
Reply 6 Retweet 2 Like 10 Direct message
Scott Gottlieb, M.D.
@SGottliebFDA
3h3 hours ago
More
I was also concerned to hear recently that several national pharmacy chains and other major retailers have begun to sell or will soon begin to sell cannabidiol (CBD) products in several states.
It would seem that the patent for 007 will be approved or they will proceed with a generic drug? Why else hire a project manager for drug development?
https://www.indeed.com/cmp/CV-Sciences,-Inc/jobs/Project-Manager-09e9e6151d27dd15?sjdu=QwrRXKrqZ3CNX5W-O9jEvWIuBcfYv3mrYLqkE6HcturELlpzlWaWQ1D94BhhPWEvlLPQ0cLgjxzGFip7QRxvftTmEl7ANfBn0r1QJZ0haGFmPtQ0qgYdLJeBNt_24LH1fkZqOojRLeMi48pjhXEryQ&tk=1d71g12q03na981m&adid=278020325&utm_campaign=job_alerts&utm_medium=email&utm_source=jobseeker_emails
Live(yesterday) radio broadcast from CV Sciences booth at NOCO Hemp Expo
A good publicity segment on the Today Show this morning for CBD with just a flash of our product.
https://www.today.com/video/walgreens-to-start-selling-cbd-products-what-to-know-1468373059934
Also Good Morning America.
https://www.goodmorningamerica.com/wellness/story/walgreens-sell-cbd-products-stores-buzzy-wellness-trend-62032649
Excellent exposure. Strict NDA's means its up to us in social media to help
get the word out because there will be no PR's.
"Currently Mr. Hendrix(Josh Hendrix) serves as the Director of Business Development – Domestic Production for CV Sciences, Inc. where he works with numerous universities, farmers, businesses, and organizations to help facilitate the infrastructure necessary to establish a modern domestic supply chain for hemp in the United States"
New positive comments from FDA commissioner today on cbd.
Listen minute 51 and minute 119 https://www.appropriations.senate.gov/hearings/watch?hearingid=852ED41D-5056-A066-60F0-A3E31A7329A4
Thank you. You are correct. That explains a lot.
For the first time Alexa shows visits to Pluscbd.com outpacing visits to cwhemp.com. in the United States(lower number better). Six months ago CW was far ahead. Looking
to see how this translates to CW revenues today. They supposedly receive
55% of revenues online.IMO
https://www.alexa.com/siteinfo/pluscbdoil.com
https://www.alexa.com/siteinfo/cwhemp.com
Walgreens. Amazing. So last night when Stuart mentioned again in a new
interview that we will be in a large store soon, i of course thought
CVS.The interview was done this week after the CVS news.The 3 minute mark is the large store comment. Other highlights include the on going clinical
trial with results in 6-9 months hopefully so their packaging can state clinically proven.
https://drhoffman.com/podcast/debunking-the-myths-of-cbd-part-2/
Its fluff but I was the first view for these 4 informational videos. These were on vimeo. Can't hurt to expand to youtube.
https://www.youtube.com/channel/UCDSsKPMi1G2BohEsXD5lhRg
Just watched the national Emmy-award winning show The List give PlusCBD some national exposure this evening in their story covering cbd available at CVS.Here is the youtube. We were the only brand they kept showing.
Curious. We know CVSI has trade marked "new harvest" recently. We suspect that they own the domaine newharvestcbd.com and newharvesthemp.com Now someone recently has added the word world to both.Their logo also looks
similar to CV Sciences. If it turns out that we own the domain newharvestcbd would it be legal for some one else to just add world to the domain?
https://newharvestcbdworld.com/
Just wondering if its just a coincidence that Cv Sciences decided to protect their logo last week with a new trade mark
Owner (APPLICANT) CV Sciences, Inc. CORPORATION DELAWARE 10070 Barnes Canyon Road, Suite 100 San Diego CALIFORNIA 92121
Attorney of Record Rosie H. Kim
Description of Mark The mark consists of the stylized letter C with a stylized letter V in the center of the letter C and a diamond shape centered above the letter V.