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I’m glad you sold too.
Is the guy still alive?
I have had him on ignore for many months. And I feel all the wiser for it.
Great news about California. At least they are getting this one right.
The wind blows from the west.
You are correct cash money Carl. I went and read their report on Cvsi. Then I posted a response. They did not like the response so they did not post it.
They don’t like folks who disagree with their opinion.
Thanks for posting this address. This is my comment a few moments ago.
Comment:
I’m a doctor of chiropractic. I see people with pain every day. I have been using plus CBD softgels and balm and occasional the spray and th gummies. Plus CBD products are fantastic. My patients love it, especially when applied several time s a day on areas of pain, especially the neck and low back. These people do not need to b eon drugs when they have CBD. People come back and buy again or buy for a family member. I have had zero complaints which as a health professional I like. Because the product I use is GRAS certified I do not have to worry about adverse reactions or not getting the amount of CBD that the product says it contains. This makes me feel very comfortable
Nobody has complained about an overdose because there have been no adverse reactions.
Dowling did not mention Kroger stores during his presentation. There will be more big box stores coming online soon carrying Cvsi skus.
It was a very impressive and confident presentation.
A big door just swung open for us. And you know there’s a lot more to come. Any word on the California bill?
Benjamin… I had the same dream at the same time. I was begging for a buck. I remember putting in bids at $.48 and $.46 and $.44 and they all got taken and a drop down to $.40 I thought “oh my God how low is this thing going to go ?”
And now we’ve got a 10 bagger. And of course you remember August 20, 2018. I will never forget that day.
I agree Carl. Steady as she goes. It’s not important what the price is today. It’s important wha the price is when you sell.
And with the fundamentals in place this company is going to be around at a higher price in the future. What this price will be nobody knows.
But in an exploding industry still in its infancy and the share of the market that they have you can bet it’s going to be up a lot higher than what it is now before this year is out.
As a Dr. GRAS certified means a lot to me. It means a limited liability.
Got to buy some more this morning. Long and strong CVSI.
I think we are in the right business. Shortages coming, especially after the fda cuts back the bad actors
Upcoming CBD Shortage is an Opportunity for Cost-efficient Producers to Expand
8:50am ET 5/30/2019 PR Newswire
Few developments have been as game-changing for the cannabis industry as the U.S. Farm Bill. While demand for cannabis will remain strong over the upcoming years, experts are anticipating that the hemp industry will become a new big player in the marketplace. Ever since hemp agriculture was legalized thanks to the U.S. Farm Bill signed December last year, cannabis companies around the world have jumped on the opportunity to get in on ground zero of this sector. Well known Canadian listed companies such as Charlotte's Web Holdings Inc. (OTC:CWBHF) (CSE:CWEB), CV Sciences Inc. (OTC:CVSI), Liberty Health Sciences (OTC:LHSIF) (CSE:LHS), Namaste Technologies (TSXV:N)(OTC:NXTTF), and StillCanna Inc. (CSE:STIL) (OTC:SCNNF) have all been making major moves in the growing hemp market.
Analysts at the Brightfield Group predict CBD will grow from a $600 million sector this year to $22 billion by 2022. With the US Farm Bill in effect, demand for hemp is expected to spike over the upcoming year as cannabis companies switch to sourcing hemp for their CBD.
The Growing Market for Hemp
While interest in hemp-based products has been growing, the current demand is only at a fraction of what it is expected to be. Just as Canadians saw drastic supply shortages after the demand for cannabis spiked post-legalization, so too will the CBD industry. For this reason, companies that can scale up hemp production in a way that's cost-efficient are in the best position to dominate the market when CBD supplies become tight.
One of the first-movers in Europe when it comes to cost-efficient hemp cultivation is an up and coming company called StillCanna Inc. (CSE:STIL) (OTCPK:SCNNF). The company boasts one of the lowest production costs of CBD isolate with a production cost of just $744 per kg. The wholesale price for hemp isolate is currently $6,077 per kg. Their new facility in Poland is expected to bring 2019's production output up to 16,000 kg and in 2020, the Company's output is expected to produce over 40,000 kg of CBD isolate.
Hemp-derived products are quickly becoming mainstream as Dr. Oz and Dr. Gupta spoke about 'The CBD Oil Boom'. Even retail chains that haven't traditionally embraced cannabis products, such as drug store chains and pharmacies, are stocking CBD products now. Walgreens has already announced they will be selling hemp-derived products in over 1,500 stores recently. Another major retailer, CVS, is already selling hemp products at over 800 locations in the U.S.
Charlotte's Web Holdings Inc. is perhaps the biggest player in this market. Producing around 675,000 lbs of hemp in 2018 with more than 700 acres planned in 2019, the company's revenue increased by 74 percent last year. The second largest company in the hemp market, CV Sciences Inc., has also seen significant growth even prior to the US Farm Bill passing. Over the past year, the company's sales have increased by 200 percent and currently holds 11% of the overall hemp market.
Many retail-based cannabis companies have already embraced hemp-products into their line-up with great success. Namaste Technologies is one such example. Unique in the sense that they focus exclusively on online sales, the company owns 24 unique websites and brands, with many of them focusing on hemp products. Even in the medical market, hemp has surged in popularity. Companies that focus mainly on the health sector, such as Liberty Health Sciences, has seen a surge of hemp-product sales based on the reported medical benefits of the plant.
The Rise of Cost-Efficient Producers
StillCanna Inc. (STIL-SCNNF) has also been completing several strategic partnerships to further expand its capacity. They just recently finalized a deal with California-based BioSciences Enterprises for C$36 million, giving them a steady pipeline to sell their European produced CBD into the U.S. market. Richard Parker, President of Biosciences, said that "not a day goes by that our firm isn't looking for a company like StillCanna, but finding a knowledgeable seed to shelf CBD manufacturer in this young industry is extremely rare."
Other major deals that StillCanna signed include a $48 million agreement with one of the biggest CBD retail suppliers in Europe, DragonFly BioSciences. The deal would see StillCanna act as DragonFly's sole processor of CBD, a significant achievement for a company that small.
Further Cannabis Developments
Charlotte's Web Holdings Inc. (OTCQX:CWBHF)(CSE:CWEB) recently posted their Q1 earnings report for 2019. So far Q1 sales grew by 66% to $21.7 million, impressing analysts with steady growth. Ever since Congress passed the Farm bill legalizing hemp production, analysts expect this to be a game changer for the company.
Cannabinoid (CBD) oil is being used in a study with patients suffering from Post-Traumatic Stress Disorder (PTSD). CV Sciences Inc. (OTCQB:CVSI), a manufacturer of hemp base CBD-products, will be using their signature CBD-oil products in this clinical trial published in the Journal of Alternative and Complementary Medicine.
Liberty Health Sciences (OTCQX:LHSIF)(CSE:LHS) announced earlier in May that they had made some key executive changes. The biggest change was Sheri Cholodofsky, who was appointed as the new chief financial officer. She would be replacing the company's former CFO, Jeff Chan, who filled the position as an interim CFO after the resignation of Rene Gulliver.
Ongoing development for Namaste Technologies (TSX-V:N)(OTCQB:NXTTF) has been its struggle to find an auditor after PricewaterhouseCoopers resigned from the role. Since then Namaste has issued management a cease trade order and just recently provided an update regarding their newest additions to their advisory board.
For a FREE research report on StillCanna Inc. (CSE:STIL) (OTCPK:SCNNF), visit www.potstocknews.com
Disclaimer: Potstocknews.com (PSN) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with PSN or any company mentioned herein. The commentary, views and opinions expressed in this release by PSN are solely those of PSN and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable PSN and FNM for any investment decisions by their readers or subscribers. PSN and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author (PSN), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (PSN) has not independently verified or otherwise investigated all such information. None of the Author, PSN, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty five hundred dollars by PSN, a non-affiliated third party to distribute this release on behalf of StillCanna Inc.
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It be very difficult to imagine a scenario where we were denied NASDAQ up listing. This is been going on since July 2018.
If we were denied we would know it by now as a matter of fact we would know it long ago. Being one of the two leading companies in exploding industry with fantastic financials you would think would be a shoo-in but I’m sure NASDAQ wants to hear how the FDA is going to regulate CBD. More states are now allowing it to be added to foods and beverages.
I suspect when we get up listed us small timers will be chasing the stock at Eight dollars, $8.50, nine dollars, $9.50 as the big boys gobble this thing up.
Here is another reason that CVSI is such a great company.
Natural partners is a Yuuuuuuuge wholesaler of nutritional products. Last time I checked they carry about 13,000 different products of dozens of different companies. I got this in my inbox today at the clinic. Here’s why they love plus CBD and sent this out to their clients.
http://s1083564209.t.en25.com/e/er?utm_campaign=PlusCbd_05212019&utm_medium=email&utm_source=Eloqua&s=1083564209&lid=1969&elqTrackId=26887fa700b54d529e0d047b4af923bf&elq=fad1bcd7875d44d8bd835fbadd762d49&elqaid=2551&elqat=1
Let’s just put it this way. I put my money on Joe Dowling and Stewart Tomc way before I Listen to balding contrarian and whatever other name BKK goes by today.
I am with you Jefra.
I was lucky enough to get into this company 4 years ago listening to the friendly advice of market maker chartist.
And I ain’t leaving now.
It’s just getting ready to get really really good.
I lived through Andrew left on August 20. Talk about PTSD?
That day I went from elation to depression in a matter of hours. My a hole snapped shut so tight you could not have driven a nail up there with a ball peen hammer.
Every time the stock gets beat down it pops back up because there is fundamental value in CVS I.
Soon we will see not just topicals but also ingestible’s in Walgreens and CVS and target and Kroger’s and Whole Foods etc. The market is yuuuuuuuge!!!
Plenty a room for lots of players. And the bad players will be sorted out and we will be at or near the top of a yuuuuuuge pile of cash.
Yuuuuuuge market. The whole military suffers from it.
I got a case of it last August 20. LOL. Who can forget that?
Do you realize the value of such independent promotion of Pluscbd products?
These are the types of PR’s that we want the company to put out.
Yuuuuuuuuuge!!!
That’s a feather in our cap.
The only GRAS certified CBD product on the market.
Cvsi!!!
You are a rare gem mike. Thanks.
Hey mike.
How do I get to vote. Did you get a ballot via email?
I will tell you this. This market is exploding. I had several patients in this morning so excited about the CBD purchases that they made. One woman was so excited that her daughter is not having anxiety episodes anymore since she doubled her dosage of CBD.
Another fellow told me about an acquaintance of his who is buying up lots of farmland in Texas and working with farmers in Texas to convert the land to hemp.
We are the coleaders of an explosive industry. There is plenty of room for a good players.
As Warren Buffett has advised. Be patient if you have a good company. And we have a really good company. And I agree about the buy out. I’d rather ride this wave for years rather than get 20 bucks now
I read it all the way Mike. I didn’t have to get to the bottom to know you were full of s***
Lol.
Good job Micro.
He needs to be corrected on a regular basis.
Great post Marty. Glad you had that kind of background so you can understand and transmit what it takes to create a new product.
Whoever it was that called it this morning about a down morning followed by an uptick had it right on. Just the bleep on the way to double figures
I didn’t catch the bottom although I did have a limit order at 4:44 which did not fill even though we did hit $4.44. But I did pick up some more earlier at 4.66 so I’m happy.
Thx for the shares. I’ve been in the stock long enough, for 4 years, to know not to panic when it drops but rather to buy up the dips.
I agree. But the fact that Cvsi is talking to NASDAQ is a very positive sign that up listing is very close. Everybody knows that if we were rejected it would’ve happened a long time ago.
It may very well be related to what the FDA decides after their meetings and input the end of the month. Nonetheless the fact that they are talking with NASDAQ is a fantastic sign.
Ouch. What a beat down on balding contrarian.
BC...younshould just go away because he is gonna kick yo ass again.
We didn’t see that Mona payoff happen g but I feel much better about it now. Thanks jefra. Excellent post.
And OMG ....BC took his self an ass whooping.
I think chilling has loaded up on the gummy’s.
Thanks for the review. Well done.
What do you all,make of this 10 cents loss. Is it all Mona related?
Expected .02 or .03 per share uptick, not 10 cent loss
Wow. What a chart.
Other companies climb?
Lots of CBD and mj companies have declined in the past yr.
tilry...went to 300 bucks. Now it’s $47.
Auror...stagnant
Cgc got $4billion from constellation. Stil $48 . Mcoa...down. PURA..down...ciix...down...nbev...down.
Cvsi...up big time . Less than a buck a yr ago. Now...$5+.over $1000 % growth.
Cweb...from $7 to $19. Almost a triple.
I’m pretty happy with management. And loaded with a six figure gain.
Sorry I can’t blather with you because you have no patience.
Maybe another stock would suit your temperament.
Good luck.
No chance jam cracker. You are not scooping up my shares . I’m. A buyer .
Got a few last week at 5.05.
Gimme more.
Report from the field.
Working directly with patients gives me an insight into the CBD market at some of you may not have. I’d like to tell you what it’s like from the field.
Just yesterday a patient said to me “there are so many CBD products out there and some of them seem to be of questionable value. How do I know which ones to use? “
I replied, “There is only one product that I use in my clinic. It’s called CBD plus. The reason I use it is because it is gras certified. That means generally regarded as safe. It’s the only CBD product that has done the toxicological studies to prove that there are no contaminants and that it is what it says it is on the label. “
That was very satisfying to that patient.
The last thing we doctors want is liability. I am not going to sell some questionable product in my office.
This week I had two patients who are big investors in various CBD companies both out in Colorado. The recognition of the financial value of hemp and CBD is becoming widely known.
The market is huge. Lots of people are giving him CBD to their pets. Besides humans that’s another huge market. There is plenty of room for plenty of CBD companies as soon as the FDA sorts out the parameters and bad players will be eliminated or the quality of the products will be upgraded and the big boys like
CVSI and charlottes web, or their buyers will prosper.
These are the most commonly known CBD products amongst the public as far as I can discern.
From April 29 2019
CV Sciences (OTC: CVSI) recently announced that it has hired Deloitte and Touche LLP, positioning the Company for an uplisting onto the NASDAQ with a Big-5 auditor. This comes after the Company posted $48.24m in revenue for 2018, a 133% increase from 2017. CVSI has established itself as the market leader in CBD oils and pharmaceuticals, and is poised to continue to grow into 2019. CVSI has had rapid price appreciation over the past year and half, when it was trading as low as $0.20 at the end of 2017 and has recently reached highs of $9.20.
This news report has other companies compared to the market leader cvsi.
http://ih.advfn.com/p.php?pid=nmona&article=79784800
Chilling. You say
“. Great for branding but my research says early cvs sales are minimal. “
What research.? You have not done any research. You don’t know what cvs is selling. They certainly aren’t telling you.
You just post garbage here and make sh*t up.
Come on man. Get a life.
Nice bounce today.
Long and strong cvsi.
Smart. Too much BS here to base decisions on peoples manipulations.
This is a rocksolid company. The industry isn’t going away. It’s only getting bigger. I’m in it for the long-haul.
Good post Carl. Or year ago today we were at $.66. Even though this past week has been depressing this past year has been fantastic.
I only use plus CBD products in my office. For two reasons. They work really well. And number two they are gras certified. As a health professional we always want to take out as much legal liability as possible. Since they are the only company that is certified generally regarded as safe I want to use theirs. Plus I love the gummy’s
I agree Maxwell. A whole lot of hot air and BS.
I don’t look at this board very much anymore but when I do and I see balding contrarian. I say “boring “.
He’s gotten quite nasty lately hasn’t he?
He is going on ignore.
I suggest you folks do the same.
Now that we are in sprouts looks like our numbers should go up past 3308.
They rarely say “no”.
Or if they do it’s because they’re already using CBD or they have some at home that they didn’t think of using for their pain.
Or I show them this video.
It usually causes great compliance.
https://www.facebook.com/1385943015035305/posts/2114607805502152?sfns=mo
I’m with you MC 73. Bought a little more today.
But I work with the stuff every day. People love it.
Here’s my routine. I say to them, the patients, “I’m going to put some of this CBD balm on your neck. “
So I do and then I say to them after about a minute or two “How does that feel? “ Frequently they answer that they love it or that they like it or it feels good.
Then regardless of what they say I say, “OK I want you to use this four or five times a day” that means they’re buying it. Then I ask them , “do you want the regular or the extra strength? “And they usually say, “what do you think? “And I usually say they both work great.
you pick and you decide. Half the time they choose the extra strength.
Bottom line is I’m a small clinic and I sell quite a bit of this. People sometimes come in off the street because I have a sign outside that says “Now available...CBD gummy’s, balms, soft gels and sprays.”
As they say down here in Texas, “bidness is good”
I agree with you. So I did. Picked up a couple thousand more shares.
Mike...I already have shown a big profit on cvsi .However I think it has a long way to run so I’m not selling anything.
I’ve been in the stock for four years . So a lot of that I bought pretty cheap
Keep them coming Mike. There is a world of talent in there somewhere. Let it out. So I saw where are you and Colonel Sanders were partners wow. That’s some major company. The only successful organization I’ve ever partnered up with is the IRS. And it wasn’t of my own doing