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Super Trades 5.00 dollars for CVSI by Piper seems low and undervalued when you compare Charlotte’s Web to CVSI’s brick and mortar sales per store compared to Charlotte’s Web you understand. Here is the breakdown for Q1 for each company. Tomorrow we’ll be able to an analysis on Q2. Wolf ahooooooo
“Piper initiated CV with $5 target and CWBHF with $25 target . $600m FD cap for CV at target and 2.6billion for CW at target. This is a legit bank that did analysis”
CVSI started Q2 with 3308 stores. I had 2900 stores in my analysis.
Kroger’s stores added 945 stores on June 12 or later, those stores only added revenue from that date on. You have to pro-rate 18 days out of 90 days of Q2.
4591-945 Kroger stores equals 3646 stores.
3646 stores-3308 stores we started the Q2 with is 338.
3308 plus 169 stores half of the 338 added stores during Q2.
3308 plus 169 equals 3477.
3477 plus Kroger’s prorated stores for 18 days which would be minimal since Kroger’s wasn’t advertising it until later. We can add 189 out of 945. 90 days divided by 18 days equals 5. Then 945 divided 5 equals 189 stores.
3477 plus 189 days equals 3666 stores.
3666 plus 34 stores equals 3700 stores. Just to round up to 3700 stores for margin of error.
Internet sales 14 percent of 14.9 million revenue.= $2, 086,009
$ 14,900,000- $2,086,000= $12,814,000
$12,814,000 divided by 3700 stores = $3463 per store
Cwbhf Q2 $21,700,000 -$ 10,850,000 internet sales.equals $10,850,090.
$10,850,000 divided by 4000 stores equals $2712 per store.
CVSI $3463 per store. CWBHF $ 2712 per store.
This is for brick and mortar stores. Internet sales and b2b are not considered brick and mortar in my calculations.
https://globenewswire.com/news-release/2019/06/12/1867766/0/en/CV-Sciences-Inc-Announces-New-Distribution-With-Kroger-and-Expands-Its-Offering-of-Topical-Products.html
As discussed on the Company’s first quarter 2019 earnings call on May 8, 2019, CV Sciences’ recent distribution gains include availability of PlusCBD™ Oil Extra Strength Balm in an initial launch at CVS Pharmacy stores. With the addition of 945 Kroger locations and new distribution into other leading Food, Drug and Mass (FDM) retailers, as of June 12, 2019, PlusCBD™ Oil branded products are available in 4,591 retail stores, up from 3,308 retail stores as of March 31, 2019, an increase of 38.7% over the prior two months.
Darth Vanda Back to the Cweb Dogger ahooooooo
This is what you need to look at. The Wolf’s Satin Sheets To Spread On you understand. The sales per stores for CVSI are increasing. Matter of fact they are doing better than the itsy bitsy spiders Numbers you understand. SL numbers are stores and internet sales combined but you knew that. Wolfie Ahooooo
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150469088
SpaceLady This is what I tried to explain to DY and GT.
CVSI started Q2 with 3308 stores. I had 2900 stores in my analysis.
Kroger’s stores added 945 stores on June 12 or later, those stores only added revenue from that date on. You have to pro-rate 18 days out of 90 days of Q2.
4591-945 Kroger stores equals 3646 stores.
3646 stores-3308 stores we started the Q2 with is 338.
3308 plus 169 stores half of the 338 added stores during Q2.
3308 plus 169 equals 3477.
3477 plus Kroger’s prorated stores for 18 days which would be minimal since Kroger’s wasn’t advertising it until later. We can add 189 out of 945. 90 days divided by 18 days equals 5. Then 945 divided 5 equals 189 stores.
3477 plus 189 days equals 3666 stores.
3666 plus 34 stores equals 3700 stores. Just to round up to 3700 stores for margin of error.
Internet sales 14 percent of 14.9 million revenue.= $2, 086,009
$ 14,900,000- $2,086,000= $12,814,000
$12,814,000 divided by 3700 stores = $3463 per store
Cwbhf Q2 $21,700,000 -$ 10,850,000 internet sales.equals $10,850,090.
$10,850,000 divided by 4000 stores equals $2712 per store.
CVSI $3463 per store. CWBHF $ 2712 per store.
This is for brick and mortar stores. Internet sales and b2b are not considered brick and mortar in my calculations.
https://globenewswire.com/news-release/2019/06/12/1867766/0/en/CV-Sciences-Inc-Announces-New-Distribution-With-Kroger-and-Expands-Its-Offering-of-Topical-Products.html
As discussed on the Company’s first quarter 2019 earnings call on May 8, 2019, CV Sciences’ recent distribution gains include availability of PlusCBD™ Oil Extra Strength Balm in an initial launch at CVS Pharmacy stores. With the addition of 945 Kroger locations and new distribution into other leading Food, Drug and Mass (FDM) retailers, as of June 12, 2019, PlusCBD™ Oil branded products are available in 4,591 retail stores, up from 3,308 retail stores as of March 31, 2019, an increase of 38.7% over the prior two months.
In the interview with CBD Today, JD referred to scale. In the article JD mentioned that we get our raw material from Outsourcing instead having to purchase Farmland and all the other costs associated with it. In the long run there will be so much hemp grown that the raw materials cost will come down. The CBD companies that don’t outsource will not have that same benefit. Retrieved this article from Anonymous from CVSY.
“As I recently told CBD Today, “To really compete, you have to have a brand that is respected and trusted, and then you have to have scale. If you don’t have those two things, you’re not going to be able to compete, and we have both. We are the only company with true fundamentals. We’re profitable. We have cash flow, which has allowed us to accumulate more than $15 million cash organically, and we have no debt.”
https://qz.com/1686276/how-much-hemp-is-grown-in-the-us/
Economies of Scale
Two things happened on May 23, The Wolf was born from the likes of IHub parents you understand. The other thing that happened that day. Phoenix Tears CBD made an announcement that they landed a deal to distribute CBDOIL to 450 7-11 Stores. Oh Thank Heaven for 7-11 because they supposedly cancelled that agreement. The Wolf along with Dr. Joong J. Fang’s Logic knows why that deal burned to the ground you understand. Just One Look at the four links below and you too will know Y. Imo Wolf
CBD manufacturer signs deal to get product in 7-Eleven stores
Published May 23, 2018
https://hempindustrydaily.com/7-eleven-cbd-products-4500-stores-by-year-end/
7-Eleven Says It Won’t Be Selling CBD, Contrary To Claims From CBD Company (CORRECTION)
A CBD company claimed it reached a deal with the chain to stock the oil in some of its stores.
By Sebastian Murdock
05/23/2018 01:27 PM ET
https://www.huffpost.com/entry/7-eleven-selling-cannabis-plant-products_n_5b058405e4b05f0fc843de97
PHOENIX TEARS: THE CANCER CURE THE GOVERNMENT DOESN’T WANT YOU TO KNOW ABOUT
https://herbaldispatch.com/phoenix-tears-the-cancer-cure-the-government-doesnt-want-you-to-know-about/
If it was the Wolf working late at night in my PJ ‘s to get that PR out before the opening bell, the Wolfie would have chosen 555 for two reasons you understand. The first reason, would be so the 3 dyslexic little piggies could read it and not sue me and the second reason can be found in the link below. Seriously, Choosing to low ball his guesstimate will make Michael look good to his executive peers and he would have a better chance of making it to the senior level of the organization. If he chose $20.00 and it only made it to $10.00, he most likely would get his pay cut in half your understand. In other words he must be either a right wing conservative who smells like a Walmart shopper in Virginia or a Spiritual individual you understand. E.F. Wolf
Here’s Your Sign
https://www.google.com/search?source=hp&ei=ZYtSXbq-E7Lb5gLI1JPAAw&q=555+angel+number&oq=555&gs_l=mobile-gws-wiz-hp.1.1.0j0i131j0i67j0l5.4186.4792..6932...1.0..0.138.355.0j3......0....1.......8..35i39j46i39j46j46i131.C1Hcv8G9wBQ
The meaning of 555. The number 5 is a powerful number in many forms of divine reading. 5 represents freedom, exploration, travel, and change. 555 is a triple of the number 5 indicating which amplifies its power. 555 indicates that a change is coming.
Douglass, It would be called (New Harvest Plus + CBDOIL.) Take it from the Wolf who never gets lost in the Woods you understand .You can compare that to (Charlotte’s Web + Itsy Bitsy Spider Oil ) Nice try of Spinning it you understand Wolf ahooooooo
Ms. Peace decided to run some tests of Diamond CBD vaping liquids, some from the graduate student and some bought from the manufacturer. In four of nine samples, all marketed on the company’s website as 100 percent natural, her lab discovered a synthetic compound, 5F-ADB. That ingredient has been linked by the Drug Enforcement Administration to anxiety, convulsions, psychosis, hospitalization and death.
https://www.nytimes.com/2019/08/13/business/media/cbd-marijuana-fda.html
“Year to date, we have more than doubled the number of retail doors where PlusCBD™ Oil products are carried, and we continue to enjoy a strong pipeline of new distribution opportunities. The fundamentals of our business are strong and our opportunity grows daily as consumer demand for hemp-based CBD products continues to expand at a rapid rate.”
Itsy bitsy spider
“To really compete, you have to have a brand that is respected and trusted, and then you have to have scale. If you don’t have those two things, you’re not going to be able to compete, and we have both.
https://www.google.com/search?source=hp&ei=izdSXfalH8Gu5wKcypWQAg&q=fresh+meaning&oq=fresh+meaning&gs_l=mobile-gws-wiz-hp.12..0i70i249j0l7.4070.10429..11813...1.0..0.323.2040.0j12j0j1......0....1.......8..35i39j46i39j0i131j46i67j0i67j46i131j46j0i10.77MIiYNm08M
Having a strong brand that stands out positively in the minds of your target audience and differentiates your firm from the crowded sea of competition is the end goal of the brand refresh process. In order to ensure that you achieve that goal, it’s crucial to include these seven elements as part of your brand refresh process.
https://www.circlesstudio.com/blog/elements-brand-refresh/
The investment firm Piper Jaffray, for example, spun off from USBancorp and wanted a brand refresh to reflect its new independent status. The old logo subsumed the Piper Jaffray name under the USBancorp logo.
The brand refresh logo put Piper Jaffray front and center. It also placed the names together to underscore the unity of the newly independent company.
https://www.bluecorona.com/blog/7-reasons-you-need-a-brand-refresh/
“We are investing in consumer research to support a brand refresh and best position our brand for growth. We are also accelerating our Direct-to-Consumer tactics, including a redesign of our PlusCBD™ Oil consumer site and adding tools to accelerate online sales.”
https://tsdr.uspto.gov/#caseNumber=88285809&caseSearchType=US_APPLICATION&caseType=DEFAULT&searchType=statusSearch
Key people
Hamilton E. James
(Chairman)
W. Craig Jelinek
(President and CEO)
Founded
July 12, 1976; 43 years ago (as Price Club)
San Diego, California
September 15, 1983; 35 years ago (as Costco)
Seattle, Washington
https://en.wikipedia.org/wiki/Costco
“Year to date, we have more than doubled the number of retail doors where PlusCBD™ Oil products are carried, and we continue to enjoy a strong pipeline of new distribution opportunities. The fundamentals of our business are strong and our opportunity grows daily as consumer demand for hemp-based CBD products continues to expand at a rapid rate.”
https://www.investopedia.com/articles/markets/102715/top-6-companies-owned-berkshire-hathaway.asp
https://en.wikipedia.org/wiki/Charlie_Munger
“Additionally, we are actively pursuing new distribution channels to complement our core natural product retailer channel and growing distribution into the food, drug and mass channels. We have a great story to tell…to consumers, to retailers and to investors.“
“We ask that you trust in the long-term vision of this great company, the strong team we have built, and our proven track record of business performance, science-based R&D and regulatory leadership.”
SpaceLady This is what I tried to explain to DY and GT.
CVSI started Q2 with 3308 stores. I had 2900 stores in my analysis.
Kroger’s stores added 945 stores on June 12 or later, those stores only added revenue from that date on. You have to pro-rate 18 days out of 90 days of Q2.
4591-945 Kroger stores equals 3646 stores.
3646 stores-3308 stores we started the Q2 with is 338.
3308 plus 169 stores half of the 338 added stores during Q2.
3308 plus 169 equals 3477.
3477 plus Kroger’s prorated stores for 18 days which would be minimal since Kroger’s wasn’t advertising it until later. We can add 189 out of 945. 90 days divided by 18 days equals 5. Then 945 divided 5 equals 189 stores.
3477 plus 189 days equals 3666 stores.
3666 plus 34 stores equals 3700 stores. Just to round up to 3700 stores for margin of error.
Internet sales 14 percent of 14.9 million revenue.= $2, 086,009
$ 14,900,000- $2,086,000= $12,814,000
$12,814,000 divided by 3700 stores = $3463 per store
Cwbhf Q2 $21,700,000 -$ 10,850,000 internet sales.equals $10,850,090.
$10,850,000 divided by 4000 stores equals $2712 per store.
CVSI $3463 per store. CWBHF $ 2712 per store.
This is for brick and mortar stores. Internet sales and b2b are not considered brick and mortar in my calculations.
https://globenewswire.com/news-release/2019/06/12/1867766/0/en/CV-Sciences-Inc-Announces-New-Distribution-With-Kroger-and-Expands-Its-Offering-of-Topical-Products.html
As discussed on the Company’s first quarter 2019 earnings call on May 8, 2019, CV Sciences’ recent distribution gains include availability of PlusCBD™ Oil Extra Strength Balm in an initial launch at CVS Pharmacy stores. With the addition of 945 Kroger locations and new distribution into other leading Food, Drug and Mass (FDM) retailers, as of June 12, 2019, PlusCBD™ Oil branded products are available in 4,591 retail stores, up from 3,308 retail stores as of March 31, 2019, an increase of 38.7% over the prior two months.
Hemp Beer in Bavaria .Time for another brewski Joerg. Wolfgang
Good Morning Piggies. The Early bird catches the worm right Carl? Some reading for you while you’re eating your Toast and Jam along with your cup of tea you understand. What language do they speak in Bavaria? Do you think Joerg speaks It fluently? “You bet your bottom britches he does.” Now that term is “pants on the ground” you understand. Here’s your sign Wolf ahooooooo Nobody Glows except New Harvest. Do you know what the term New Harvest represents in Europe?
https://thegreenfund.com/europe-the-worlds-largest-cannabis-market
https://hempindustrydaily.com/europes-hemp-definition-novel-foods-designation-cloud-regions-potentially-booming-cbd-market/
https://mjbizmagazine.com/4-nations-to-watch-in-the-hemp-market/
“Just one more thing “
Chill Thanks for the backing, Does it appear to you that the CBD that a certain person is using for his or her anxiety attacks are apparently not kicking in? Someone needs to turn them on to the number one CBD Brand in the nation coming to a 7-11 near you. I recommend the Gold formula. What you say? Stay Kool or chilly you understand. Peace out. Wolf ahooooooo
True colors right Douglas? Great Analysis !!!!!!!!!!!!!!! Lolzzz The Wolf didn’t know you were a mod. How can you call Dmans analysis great when his numbers were all made up and deceiving? You are smarter than that, but the Wolf is much wiser you understand. CVSI is leading the way in brick and mortar stores with better sales than The Itsy bitsy spider by far. Got a tip for You McLane is the name you understand. Big time in Virginia. No Time you understand. Later much later. East Providence is a nice place to visit but you knew that. Wolf ahoooooooooooo
Exactly It’s called deception. He’s not showing his ace up his sleeve you understand . If that is the case, he has you thinking or convinced that he wants to supply the USA market with European hemp. In the Earnings CC they gave us the impression of expanding into International markets. Did you listen to the Conference Call? What International market would be the most logical? Dr. Joong J. Fang would agree with the Wolf. The European markets you understand. Imo Wolfie
Sleuth The Wolf has been trying to follow the back and forth on the hemp issue. This is not my forte but I would like to give my insights on deductive reasoning. CVSI has been receiving hemp from Europe and combining it with our current announcement of new supplys from the Heartland states. Could it be that CVSI didn’t want to cut their ties with companies in Europe that have helped us to be successful in the USA when we needed them to help us grow. My second opinion is why cut ties with Europe when we will need them for our expansion into Europe, which could be what is quietly being done without our knowledge you understand. Tia Wolf
Things that make you go hmmm. I read your post at the itsy bitsy spider forum in the defense of the Wolf you understand. Time to put this all to rest. Darth responded to my Store Analysis between the two companies. When I took the debate to the Cweb board, I copied and pasted my post from the CvSI board and made an attempt to clarify my analysis he misinterpreted. He took my comment as offensive, and in some aspects I can understand his point. Here is the post and what he was referring to. Thanks for your kind words and coming to my defense. Wolf
“One last note. It appears from your approach, you must be a itsy bitsy spider investor. By the way, it has been a pleasure meeting you. Wolfie “
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150453581
Quantitative Methods of Sales Forecasting
When first introduced to forecasting field sales managers usually come across two differentiating types: quantitative methods of sales forecasting and qualitative methods of sales forecasting. Before we get started let’s get a quick definition of the two:
https://www.forcemanager.com/blog/quantitative-methods-of-sales-forecasting/
Quantitative Methods of Sales Forecasting
Based on mathematical (quantitative) models, they use objective sets of historical sales data to predict likely revenue increases in the future.
Qualitative Methods of Sales Forecasting
Based on subjective feedback, emotions or opinions from people normally within the related industry. These would typically include market research reports, expert focus groups and the Delphi method, most applicable when entering a new market where little data is readily available.
And, as the title suggests, it’s the quantitative methods of sales forecasting that we are going to be focusing on this article. They tend to be slightly more accurate as you are using real data in order to make your predictions. However, no sales forecasting technique is perfect and I seriously doubt your sales reports will be predicting right down to the penny what the next month’s revenue increases will be.
Now although the word “quantitative” comes saddled with a lot of mathematical connotations (and it does indeed include a little bit of numbery work on your part) it’s nothing to get too worked up about.
Keeping it simple is the name of the game and the four methods I’m going to introduce you to now are some of the most commonly used across the industry. Known as the time-series models, they attempt to predict future sales by applying patterns found in historical data sets.
Chilly in the motor city and Coyote. Thank you for being the Wolf’s Wingman you understand. The Wolf will always respect others opinions and try to correct them if they interpret what I post as being not what they perceive differently. I never called the poster a name and he knows it very well. It was his excuse to wipe out my itsy bitsy spider post on Radio Station CKLW you understand. The Wolf was just comparing store sales per store along with the internet sales between the two companies And he was spewing out numbers He claimed I posted. I never posted on his forum and never intended to until he wanted to debate. I took my debate to his forum and he mistook it when I said he was an “itsy bitsy spider investor”. I apologized. You’all know that instead of calling them CWBHF,CWEB, and interchange it with the itsy bitsy spider. Like I mentioned to D-man, there can be a big difference sometimes between quantity and quality when you analyze the two. My two undergrad degrees were in Organizational Psychology and Business Management. I took a Semester in Quanitative Methods in My Psychology degree many years ago and can still retain the methodology application in a logical way. When I first posted on this forum, some may recall that I had with no intentions of offending Space Lady by calling her Comrade and we were able to reconcile that situation. The same should be true with Captain D from his positive attitude he is now expressing except for his lolzzz you understand. Coyote, you were talking about pc etiquette or something on those lines. I know what lol means, what the Wolf doesn’t know is lolzzz. I guess he was laughing at me because he used itsy bitsy spider to wipe my post, “you mean like with A cloth” ahooooooo. Now the thong lady, she is a completely different story and I rest my case you understand. Coyote, the Wolf has another song for Gladys Knight and the Pips. Get your dollars out and make it rain bb. Ahooooooo Wolfie
The good news about the quantitative methods approach relating to the comparison of The Itsy bitsy spider and New Harvest sales per stores is in Q1 we had sales of $13,112,000 for 2900 stores and $1,788,000 internet sales of 12 percent of revenue for internet sales. If it was higher please give me the correct number. Joerg stated in the Earnings CC we increased it to over 15 percent. Whatever the Q1 percentage was just plug it in and we’ll see the difference. As it stands now our same store sales came out to $4521 per store. Total revenue $14,900,000 for Q1.
In comparison Cwbhf had in Q1 $10,800,000 in store revenue from 3500 stores and $10,850,000 internet sales
of 50 percent. CWEB sales per store came out to be $3100 per store.
CVSI $4521 per store compared to The Itsy bitsy spider $3100. If we can continue on this path and CWEB’s internet percentage dwindles lower which in reality will happen from the Economic concept of The Law of Diminishing Returns. This with happen because all the other CBD companies will not have the same brick and mortar opportunities as our two companies are blessed with you understand. The internet is soon going to be overwhelmed with hundreds of current and new companies taking away internet sales from the companies that are most vulnerable, and fortunately it won’t be New Harvest. You can take that to the Bank you understand. CWBHF can brag and pump they are in 7000 stores compared to our current 5000. They enjoy the quantity but we beat them in Quality.
The bottom line. They either have smaller volume stores than CVSI or if their products are in the same stores as ours, the consumer chooses our products over theirs. This concept has been proven by some of the investors here who have had store clerks tell them that our products are set the most over the competition. Let’s have a gr8 trading day starting tomorrow and we will not have to look back any further. Imo Wolf
Like I mentioned to Mr. Dman about the difference between Quanity and Quality. Quanity don’t mean a thing if it dont have the swing you understand. Ahooooooo
Waylon Willy you got that right. If they want to come over here and spin their imaginary numbers on this boar, I will post same store sales and comparisons every day starting tomorrow morning on the itsy bitsy spider forum you understand. The Wolf has a song for Gladys Knight and her Pips you understand. Wolf ahooooooo
Dr. J have you come up with your same store sales per store in comparison with CWBHF? Like to see how your analysis comes out. Wolf
Gladys you are counting the Kroger’s Stores we acuired in Mid June. The Q2 use of the stores can not be used unless you prorate those stores for 18 days or less depending on when the product hit the stores. Q2 starts on April 1 through June 30. CVSI made the announcement on June 12. Glad to explain to you how analytics is good to use to compare two companies. I went to school and hold a MBA degree. I can’t be exact on my numbers because I don’t have all the tools and so many variables involved but I can come close. I did my analysis for Q2. I came up with $16,333,33 and the Q2 came in at $16,850,000. Good luck. If you want to keep debating, I will only debate from this point on the itsy bitsy forum you understand. Wfolf
I understand but I refer to Charlotte’s Web as the itsy bitsy spider not individuals. Wolf
My apologies. What name did I call you?
The CFo stated that our internet sales increased to around 15 percent. So I used 12 and 14 percent. Come back later because I am new here. Dr. J can clarify the true number. Also, Dr. J can audit my numbers and how I approached to my conclusions between piggy brick and mortar. He stated earlier he too was going to do an analysis. He is much more privy to this coy than I am you understand. Thanks for your reply and concern. Godspeed. Wolf
This is my first post ever on The itsy bitsy spider and hopfully the last in your response to my post.
DY Here is the response to my comparison of same store sales for CVSI a/k/a New Harvest To Charlotte’s Web.I corrected your miscalculations. When it comes to same store sales in Q1. CV Sciences sells more products on stores than Charlotte’s Web you understand. My theory and suggests is you have a lot of stores that are either small in size and sales volume or in stores that compete with New Harvest a/k/a CV Sciences, the consumers are choosing PLUS CBDOIL products over The itsy bitsy spiders you understand. By a large margin.
Q1 CVSI $14,900,000 with 2900 stores. 12 percent of sales were from internet sales which totals $1,788,000 the remainder for store sales of $13,112,00 in 2900 stores is $4521.38.
Q1 CWEB $21,700,000 with 4000 stores. 50 percent of sales were from internet sales which totals $10,850,000 the remainder for store sales of $10,850,000 in 4000 stores is $2712.25.
CVSI $4521 to CWEB $2712 per store. CVSI better by 60 percent you understand.
Bottom line Dr. Joong J. Fang Logic and Wolf Analysis. In the comparison of the two companies, sometimes Quanity can be lower than Quality. The amount of stores you have doesn’t make a good pump for Charlotte’s Web. My name is Wolf and not Jack you understand. My intuitions were spot on. You are an itsy bitsy spider investor. Wolf
Here is a response from your post in response to my Gr8 analysis. It appears that You do like to compare CWEB. I love to compare the two you understand.
+++++++++++++PLUS +++++++++++++++++++
The Wolf apologizes for your confusion and miscalculation.The company had reported that they had 3500 stores during Q1. I stated 3500 stores and not 7000. Since your stating that they had 4000 stores, we will use 4000 instead of 3500. Cweb had $10.85 million revenue from 4000 stores. That comes to $2712.50 per store. Which brings your per store sales lower than the $3100 that I attributed. Which is a worst scenario. In your calculations you took the $10.85 million and divided it by 2000 stores. Not sure how you got 7000 stores from what I posted.Capiche
The remainder of the $10.850 million is the 50 percent attributed to Internet sales. Total revenue of $21,700,000.
Below is what I posted from you analysis. It is not called a thesis you understand. Just the Facts or close to it, not theory. VVVVVVVVVVVVVVVVVVVVVVVVV
“If : CWEB had total revenue of $21.7 Million during Q1 with 50 percent of sales from internet sales $10.85 million. That leaves them revenue of $10.85 million remaining from 3500 stores. That comes out to $3100 per store.”
++++++++++++++++++++++++++
Below is what YOU posted $10.85 million divided by 2000 stores. To correct you if I may, you need to divide it by 4000 stores. It will be interesting to see your upcoming Q2 sales per store. When we do, compare the two Don’t make the mistake of adding stores that were acquired after June 30, such as Kroger’s. You will also need to prorate those stores you acquired let’s say on April 1 or May 1 or June 1 because those stores were not seeking products for the whole 3 month period. I will be doing the same for the stores we acquired as well.
VVVVVVVVVVVVVVVVVVVVVVVVV
Your calculations and post. VVV
“In the meantime though, if you use the 4000 retailers for CWBHF in Q1, instead of the 7000 you gave them, you get $10.85mil/2000 stores(50% internet)=$5,425 per store for CWBHF, versus $4,521 per store for CVSI, or 20% more revenue-per-store for CWBHF compared to CVSI, based on CVSI's 12% internet sales and 88% in-store sales that you suggested”
+++++++++++++++++++++++++++++
One last note. It appears from your approach, you must be a itsy bitsy spider investor. By the way, it has been a pleasure meeting you. Wolfie
The bottom line is customers seem to be buying more of our products in stores over your Companies products if we are both in the same locations and when we are not you understand. Take care.
The Wolf apologizes for your confusion and miscalculation.The company had reported that they had 3500 stores during Q1. I stated 3500 stores and not 7000. Since your stating that they had 4000 stores, we will use 4000 instead of 3500. Cweb had $10.85 million revenue from 4000 stores. That comes to $2712.50 per store. Which brings your per store sales lower than the $3100 that I attributed. Which is a worst scenario. In your calculations you took the $10.85 million and divided it by 2000 stores. Not sure how you got 7000 stores from what I posted.Capiche
The remainder of the $10.850 million is the 50 percent attributed to Internet sales. Total revenue of $21,700,000.
Below is what I posted from you analysis. It is not called a thesis you understand. Just the Facts or close to it, not theory. VVVVVVVVVVVVVVVVVVVVVVVVV
“If : CWEB had total revenue of $21.7 Million during Q1 with 50 percent of sales from internet sales $10.85 million. That leaves them revenue of $10.85 million remaining from 3500 stores. That comes out to $3100 per store.”
++++++++++++++++++++++++++
Below is what YOU posted $10.85 million divided by 2000 stores. To correct you if I may, you need to divide it by 4000 stores. It will be interesting to see your upcoming Q2 sales per store. When we do, compare the two Don’t make the mistake of adding stores that were acquired after June 30, such as Kroger’s. You will also need to prorate those stores you acquired let’s say on April 1 or May 1 or June 1 because those stores were not seeking products for the whole 3 month period. I will be doing the same for the stores we acquired as well.
VVVVVVVVVVVVVVVVVVVVVVVVV
Your calculations and post. VVV
“In the meantime though, if you use the 4000 retailers for CWBHF in Q1, instead of the 7000 you gave them, you get $10.85mil/2000 stores(50% internet)=$5,425 per store for CWBHF, versus $4,521 per store for CVSI, or 20% more revenue-per-store for CWBHF compared to CVSI, based on CVSI's 12% internet sales and 88% in-store sales that you suggested”
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One last note. It appears from your approach, you must be a itsy bitsy spider investor. By the way, it has been a pleasure meeting you. Wolfie
The bottom line is customers seem to be buying more of our products in stores over your Companies products if we are both in the same locations and when we are not you understand. Take care.
CKLW the Motor City
Results from Q1 for CVSI and CWEB.
If : CWEB had total revenue of $21.7 Million during Q1 with 50 percent of sales from internet sales $10.85 million. That leaves them revenue of $10.85 million remaining from 3500 stores. That comes out to $3100 per store.
Then: CVSI had Q1 total revenue of $14.9 million with 12 percent ((estimate) of sales from the internet $1,788,000. Which leaves $13,112,000 in store sales in 2900 stores. Averaging out to $4521 per store.
Therefore: CVSI has better revenue per store than CWEB 31.43 percent better you understand.
CVSI had $13,112,00 of revenue from 2900 stores compared to CWEB sales of $10,850,009. CVSI in 2900 stores.
Paw Note
I used 12 percent an estimate for internet sales for CVSI, I believe it is a little over 15 percent as of Q2. Even at 14 percent that gives us $12,814,000 to CWEB $13,112,000. If you subtract the Stanley Brothers usage that would be a break even you understand.
One of the product lines that the itsy bitsy spider sells is Puppy Juice to little puppies and little piggies you understand. CVSI on the other paw, sells CBD Oil to the Big Bad Wolf And Big Peeps.
CKLW the Big 8
Supercalifragilisticexpialidocious. It’s not only Gr8 stuff, It’s Big Stuff you understand. Have Mercy Wolf ahooooooo
Here’s my lightning round you understand. Cweb gets half of their revenue (50 percent ) from internet sales according to Super Fly, and the remaining from brick and mortar, retail investors, employees, and the remaining from all those Stanley brothers in the mix. The Wolf’s theory. The Stanley Brothers mother must have been eating hemp seeds to pump out all those boys or it could have been the other seeds you understand. If this Woofer is on pumpkin seeds does that make this white Wolf a white naturalist? Have Mercy Ahooooooo Wolf
Bottom line: Dr. Joong J. Fang Logic and Dr. J’s Analogy you understand..
If half of Itsy bitsy revenue comes from internet sales.
Then half of the Cweb sales come from more stores than CVSI.
Therefore CVSI has better revenue per store than Cweb.
Thanks for the post Clay Trader about CVSI and your knowledge of technical analysis. The Wolf has a some Goood Technical analysis and common sense knowledge to share with you as well. It’s called Red Georgia Clay and it can be found in Georgia you understand. Now here’s your sign. Wolfie ahooooooo
When the Wolf first arrived here I was clueless about CBD etc. I invested over $125 G without doing a lot of DD about this company. I only looked at the Financials after my associate at work recommended it to me who had it recommended to him by his cousin in the DC area who worked and retired from Geico and then approached by Warren Buffet and turned down an offer to work for Berkshire Hathaway. After my initial buy in April, I started reading and following the posts at the Y. There was some good posts over there once you filter out all the bashing and negativity of not only the company but also against the individuals doing the posting. There was one poster and post that caught my attention and he had mentioned that he thought that DuPont was interested in either partnering or taking over CV Sciences. He had posted about the domain names registered and the New Harvest ® Trademark ™? registration. By now you should know the Wolf looks for connections and signs when performing an analysis of all things in general. Since my initial analysis of this company and learning more about it and the CBD market from the likes of many of you, more than a pawful or two you understand, it has been a wonderful experience overall. What I like about this board is how most of you chip in with your insights and shared knowledge. It is needed and appreciated by most of us here for reassurance that we we made the right stock investment, especially after our “October Surprise”you understand. Enough of the Wolfman’s preaching and back to what my intentions were before the Rambling you understand. The Wolf has a question? You don’t need to be a former Radio Shack eel you understand. Found this link to help me learn about NDI’s. I was wondering how we get around the part of the application process where it applies to submitting the application before the product is introduced into interstate commerce? Btw I made the right investment in this company. Tia Wolf
When Must You Submit a New Dietary Ingredient Notification
“If you plan to market a dietary supplement that contains a new dietary ingredient, you must submit to FDA, at least 75 days before the dietary ingredient is introduced or delivered for introduction into interstate commerce, information that is the basis on which you have concluded that a dietary supplement containing the new dietary ingredient will reasonably be expected to be safe.”
https://www.fda.gov/food/dietary-supplements/new-dietary-ingredients-ndi-notification-process
https://www.fda.gov/food/new-dietary-ingredients-ndi-notification-process/how-submit-notifications-new-dietary-ingredient
Funny how they ridiculed Milli Vanilli for lip syncing you understand. From Cannavest to CV Sciences to New Harvest. My My how we have progressed through the years. Have Mercy ahooooooo
This will be a set back for Norfolk Virginia and San Diego areas. No more Tiny Bubbles in their Yellow Submarines you understand. Wolf
Navy to Sailors: Stay Away From CBD
https://www.military.com/daily-news/2019/08/10/navy-sailors-stay-away-cbd.html
CVS has 1040 stores in California. 11. 5 percent of CVS stores are located in California. Wolf
https://www.cvs.com/store-locator/cvs-pharmacy-locations
Super T. Kroger’s has 321 stores in Californication you understand. Most are located in the San Diego metropolitan area and then LA. I’m going to research one of my posts that included all the major grocery and drug stores in all of the states. DJ Wolf
https://www.thekrogerco.com/wp-content/uploads/2017/08/california-one-pager.pdf
MOJO The Wolf just did a 15 minute DD on this loser GBS. But I did save 15 percent on my car insurance from Geico you understand. Take back the Revocation, they are filling their 10K for now. Which leads me to believe that Bankruptcy is not out of the question. Your Farmers are milking more than just cows you understand. This is the Wolf’s opinion and the Wolf doesn’t own this manure you understand. Been there seen a few things before. Steve Miller suggestion would be to “Take The Money And Run.” Good Lucky Charms To you my comrade. Imo Wolf ahooooooo
Louisiana? You’re Joking unless you’re bartering for Oil you understand. This company has a lot of debt And Payables. Ahooooooo