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More future insight and transparency Jefra through IR... macro organic catalysts... not a lot to ask for considering the current landscape...
IMO if IR was more proactive after the Citron piece initially hit and reacted faster, we would be in a different place today... they failed to protect shareholders... their damage control PR came out too late...
IR... not $CVSI's strongest point... hope we can at least agree on that...
What you are saying is that the value of a company relies on the PR and catalysts and NOT on organic growth such as developing new products.
Not even in the same ballpark as $CVSI friend... $MJNA is a pump and dump enrichment scheme... 3.3bil shares out... they don't report not to mention their books are absolutely cooked... how does this relate to $CVSI PR's...
$CVSI needs better IR... period!... with potential competition sprouting up left and right, it would be in all of our best interest if the do a better job... they suck over there on that front... they always have... they need to step it up in that department...
$CVSI...
Been here for years... I wouldn't be here if this was a scam...
Been in all of them at one time or another back then... I learned my lesson...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=107619261
CVSI is one of the few companies that emerged a few years ago when we had first wave of MJ ticks.
Sometimes the market is unreasonable... so are investors... it's not what I'm predicting... it's what an unreasonable irrational market could dictate...
I get it... unfortunately investor fortitude may not...
Just double checking if this is exactly what you mean because sounds pretty unreasonable..
Agree 100%!...
My take... uplisting and earnings are the 2 most important catalysts here... no uplist... we are cut in half sitting at $2.00... same with earnings... we fail on both accounts its back to $1.30... it's that simple... all this other crap is meaningless...
What have they been working on?... gummies?... to me that was a BS press release... need more significant developments about their vision, what is building shareholder value and their intent on scalability... last big IR... earnings... payoff debt... uplisting... and a thousand law firms chomping at the bit to get a piece of nothing... since then... ZERO... what the hell is going on over there?... at the current pace, talks of a reverse split are going to enter the picture again... then what?... or are they possibly prolonging the inevitable, no uplising?... couldn't tell you either way because we haven't received an update since their damage control letter... I'm losing confidence in $CVSI management... judging by the share price, looks like I'm not the only one...
Question... Why is $TLRY not getting sued... not a single lawsuit!... need news or we are dead in the water... it's that simple...
$CVSI...
Sure wish we could get an update to confirm your speculation... until then, you're spreading fake news... YOU missed the point bud...
CVSI will be uplisted to a big board sooner
With uplising driving the price higher for months now uncertain, it would be in $CVSI's best interest to be more transparent... no denying that shareholders are in the dark... all we're asking for is a little light...
Between the Citron piece and ambulance chasing lawyers jumping on board daily, you would think they would be more proactive rather than reactive...
I am with the others that disagree here. I don't like it when a company puts out noise every week. Its exactly that, just noise. I would prefer that a company wait and release news when there is real news to release. Those kind of press releases carry more weight, for everyone.
Pushing this to low 4's... need news or bleeds out... how about an uplisting update?... that would go a long way... ZERO from management... terrible PR since the Citron piece hit...
Don't blame people for getting uptight...
$CVSI
That's what I'm hoping for... amazing how this never moves... I like it ;}-
My biggest runs have come off of sleepers like this...
$CNXXF
Agree!... In the mean time... I'm having a ball trading in and out of this... crazy volatility...
$GBLX
Dilution and toxic loans are in essence the same thing... they both impact shareholder value... both are associated with $CRXPF...
I rather see a little dilution then toxic loans.
Check $CRXPF not $CROP...
Your looking at the Canadian security... $CROP... we are $CRXPF
Glancing at the CSE website...
CSE Filings... extremely alarming!... wtf are they doing over there?... looks like dilution and enrichment...
NOTICE OF PROPOSED ISSUANCE OF LISTED SECURITIES Proposed Issuance of Listed Securities 28/09/2018
NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT Proposed Stock Option 22/09/2018
NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT Proposed Stock Option 20/09/2018
NOTICE OF PROPOSED ISSUANCE OF LISTED SECURITIES Proposed Stock Option 19/09/2018
NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT Proposed Stock Option 18/09/2018
NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT Proposed Stock Option 13/09/2018
NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT Proposed Stock Option 12/09/2018
NOTICE OF PROPOSED STOCK OPTION GRANT OR AMENDMENT Proposed Stock Option 10/09/2018
NOTICE OF PROPOSED ISSUANCE OF LISTED SECURITIES Proposed Issuance of Listed Securities 10/09/2018
This PR takes a lot of development questions out of the equation... we should begin trading up on this news IMO... dirt cheap at this level... game on!...
$GBLX
$CRXPF Diluting... just as I suspected... explains the recent barrage of PR....
From OTC
Outstanding Shares as of 06/24/2018... 86,068,513
From TD Ameritrade
Shares Outstanding as of 10/01/2018... 108.3M
Don't like the amount of PR they are putting out... has me a little leery... typically indicative of a pump job... needs to sell down IMO before moving higher... I pulled my buy last week... Low 20's - low 30's I'm back in...
Hope they aren't diluting the stock... I'm beginning to think that's the case here...
Market Cap
33,566,720
09/28/2018
Authorized Shares
Unlimited
06/24/2018
Outstanding Shares
86,068,513
06/24/2018
Good vision... nice assessment ANIA... my thoughts exactly...
Buy into weakness... sell into strength... great time to buy IMO...
$CVSI...
I've learned the hard way over many years that it's quite the opposite in the 420 space... the stark reality of the industry is that only a handful of these companies will survive... the majority are pump and dumps... holding these stock long-term is no different than throwing a dart blindfolded hoping to hit a bullseye... I got lucky with $CVSI... I've held since 2014... every other 420 play that I held as an "investment" back then eventually became worthless...
In and out of these like a ghost and then on to the next one... unfortunately its the reality of the space... $CRXPF is no different until proven otherwise... fabulous news recently... now they need to execute... until then, everything is simply hypothetical...
All JMO...
Good luck to you...
sellers here giving away there money...
Thank you for that info my friend...
Big move premarket!.... something is brewing IMO...
$CVSI
Spot on...
To suggest that a drop in volume is bearish, is ludicrous! It could mean the very opposite!
Don't exactly know what California is thinking...
September 25, 2018 04:49 PM ET (BZ Newswire) -- Cannabis
The marijuana initiatives that voters will decide on in November include questions on the legalization of medical marijuana in Missouri and Utah and, in Michigan and North Dakota, the legalization of recreational marijuana.
Yet financial institutions continue to resist the still-federally illegal industry, despite polls showing that 61 percent (Pew Research Center) to 64 percent (Gallup) of the country supports legalization.
Cannabis Banking Bill Fails In California
In California, SB-930, a bill that would have created a state-chartered banking system to give cannabis merchants access to traditional financial services died Aug. 16 in the state Assembly Appropriations Committee.
Legal recreational marijuana sales began Jan. 1 in the state.
With the Golden State typically being a trendsetter in political and social policies, many cannabis industry insiders were surprised when the bill failed to advance.
"This is a serious public safety issue that deserves swift resolution. We've got barrels of cash buried all over the state, businesses being ransacked and it's clear that the federal government won't act," state Sen. Bob Hertzberg, the Van Nuys Democrat who introduced the legislation, said in a statement.
"It's a shock to me that the state government may not act this year either — especially after this bill passed through nearly every step with bipartisan support and little to no opposition."
Cannabis Execs React
Ken Ramirez, co-founder and CEO at cannabis payment technology company Alt Thirty Six, told Benzinga the fate of SB-930 represents a huge blow to the legal cannabis industry's banking efforts.
“California has the world’s fifth-largest economy and a cannabis market expected to exceed $24 billion by 2025," he said. "Given this recent development, new methods for cannabis banking and payments will inevitably gain traction as merchants desperately seek alternative ways to move and store funds aside from cash."
MPX Bioceutical Corp (OTC:MPXEF) COO Beth Stavola said she's astonished by the bill's failure.
“It’s surprising to see California of all states kill this much-needed bill. One of the biggest risks in the industry is the safety of the workforce with regard to all cash transactions."
Kevin Murphy, CEO of Acreage Holdings, said businesses need access to commercial banking services just like plants need sun and water to thrive.
"Without banking, dispensaries cannot access loans to expand their business and add new staff," Murphy told Benzinga.
Golden Leaf Holdings Ltd (OTC:GLDFF) CEO William Simpson echoed Sen. Hertzberg's sentiment that the lack of banking options for the cannabis industry creates a public safety issue.
" If cannabis businesses don’t have legitimate banking sources, those businesses are forced to store money onsite in large amounts— this leaves them open as a target for theft and possibly worse. This is not a way to keep our communities safe and certainly not a way to run a business effectively.”
Solutions In Sight?
Acreage Holdings’ Murphy suggests that the lack of bank access can be fixed by the Treasury Department, which could assure banks they will not be prosecuted for taking money from legal businesses, he said.
And the real fix would come from Capitol Hill, in Murphy's view.
Congress could solve this by “passing a law that sets out sensible banking rules," he said.
AltThirtySix’s Ramirez points to other solutions such as blockchain.
“There are many uses for blockchain, with one of them being digital payments. With blockchain, you can process payments outside of the traditional financial networks, allowing merchants to experience a faster, more efficient payment and receive their funds in real time."
Lightened up a little this week... price got a little ahead of itself IMO... looking for another entry in the .30's...
Regardless nice move... more to come ;}-
$CRXPF
Light volume... solid base forming at the $5.00 level... technicals aligned... IMO this is ready to go!...
Bottom line... uplisting is imminent... Farm Bill and other variables were never an uplisting factor... I would hate to be on the sidelines when news hits...
Filing for Nasdaq Listing
Towards the end of July, CVSI’s management announced that it has submitted its application to list their company in the Nasdaq Capital Market. This up-list would see CVSI be granted access to a much wider capital market, therefore, providing the company with access to a much larger pool of capital; a fact which their Chief Executive Officer, Joseph Dowling acknowledged when he stated:
“An up-list will open the investment opportunity to a larger pool of investors and help create greater shareholder value. We have made significant progress in strengthening our financial performance and liquidity, positioning the Company for future growth and profitability…”
Excellent read...
A few highlights...
Dirt cheap relative valuation
CVSI is the better value. By far. Aphria (APH.TO) lost $5 million on $12 million in sales (5/18) yet trades for CA$4.6 billion. Charlotte's Web (CWEB.CN) is a U.S. CBD seller with slightly larger sales and earnings (and a nice chocolate mint product) but trades over 3.5X higher than CVSI. Cronos (CRON) sells for $2.2 billion with paltry Q2 sales of $3.4 million.
"The Coke announcement is about CBD. Not cannabis. Not marijuana. It is a potential blockbuster. For CBD, that is. None of the Canadian cannabis companies have any experience selling CBD, certainly not in the US."
Sales for Q2 (June 2018) were $12.3 million, up from $4 million in June 2017. Gross profit was an impressive $9 million; margins are excellent, enabling a net profit of $3.1 million.
We believe CV is at a $50 million run rate and we will look to model a 2019 estimate after the Q3 numbers—we see a billion-dollar opportunity for CVSI.
Upcoming NASDAQ listing favors current investment in CVSI. We expect significant exposure increase. We personally witnessed U.S. brokerage analysts attending a recent CV presentation and believe CV has the numbers to get top research coverage. This should add a tailwind and bring in institutional investors.
To date, neither Whole Foods, the Vitamin Shoppe, nor any drug store chain has entered the CBD space. They will. Bank on it. CV has been positioning for years to get the orders. See the Farm Bill (below) and the potential floodgate opening.
Hemp is still considered federally illegal; our understanding is the removal of such is baked into the forthcoming 2018 Farm Bill. This should eliminate any remaining stigma. The old farm bill expires September 30. The 2018 Farm Bill passage provides comfort and cover to the Coca-Colas for U.S. CBD buyouts, partnering and products. It should open Whole Foods and drugstores. We urge investors not to miss this point—and bet U.S. CBD producers win the orders.
Although CVSI does not rely on promotional news releases, we expect more news flow and we expect Q3 sales and earnings in October will be good.
$GBLX heating up... investors are starting to take notice on how undervalued the stock truly is... solid day!... lets hope for strong follow through tomorrow...
$GBLX...
No need to be condescending in order to make yourself feel better about your failed decisions .. this is a message board... remember?.... in the future, skip my post son...
The stock will get crushed if we don't uplist... FACT!... Their PR has been terrible... FACT!... The stock price is bleeding out... FACT...
What part of my post didn't you understand?...
It amazes me how oblivious people are... you go on with your bad self... can I borrow your crystal ball?... LMAO!... absolutely comical!
Chill out on the crude language please... clueless...
No updates from the company... very disappointing... $4.00 in the cards... PR here has been terrible after the Citron debacle...
The uplising is crucial to price... no uplisting... it's back to sub $2.00...
We're dead in the water... need to sell off in order to attract more buyers at lower levels... no one is buying here...
I bought too soon yesterday, at the right time today... bottom line I BOUGHT!... if we hold here... setting up for a nice trade to the upper $6.00's... Sometimes you gotta have balls!...
Buy low... sell high... consider the pullback a gift from Tilray & friends... $CVSI would be at the $7+ level if it wasn't for their selloff...
Good news today... this should give us a little more exposure... I like this company a lot...
Bid up nicely premarket... lets hope it holds...
Solid support building today... volume is real low... the calm before the storm... lets hope it's to the upside...
Playing trend line for a bounce... in at $5.34...
Unfrickinbelievable!!... One headline brings garbage like this... pathetic...
Educate yourself son!
GB Sciences One of Ten Companies Named in Important New Canadian Research Publication
Corporate strategy dedicated to scientific medical research, a viable drug development pipeline and a strong Intellectual Properties Patent Portfolio are cited as the key differentiating factors.
https://www.prnewswire.com/news-releases/gb-sciences-one-of-ten-companies-named-in-important-new-canadian-research-publication-300677485.html
I wrote a post yesterday about my thoughts on this... IMO $CVSI is too small not to mention more specialty...
Here's my post...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143632157
Sorry for you loss my friend... I have felt your pain buying and holding 420 stock and not trading them many years ago... I get called a flipper... basher etc... the reality is that I'm cautious...
There was a time today that I could have easily pocketed $40,000 and still had plenty shares remaining. I feel like people who do that are the ones who upset the big picture and I don't want to be guilty of messing it up for everyone.
Didn't know this... thought I'd share...
GB Sciences signed a deal with Kush Cups, an Arizona-based company, to produce cannabis-infused products in Nevada. GB Sciences will also distribute cannabis-infused Keurig-compatible K-Cups, hot and cold brew coffees as well as infused teas. The company is also the exclusive Nevada grower of Kyle Kushman's proprietary marijuana strains, which have been highly rated top sellers in California.
Indeed!...
Let me clarify... I'm not saying a beverage deal isn't possible... I believe a smaller more organic type beverage or spirit company would suit them better...
It's all about vertical integration, not forced integration... IMO the larger beverage and spirit companies don't fit that model...
To answer your hypothetical questions...
I can't assume anything at this point... the numbers that are being thrown around are based on no additional competition springing up, regulatory bodies stepping in and a plethora of other factors... $CVSI may be the first but I can guarantee it won't be the last FDA/GRAS certified company... bank on the fact that there are companies right now in the process of going through the same certification steps...
I can only play with the cards that I'm dealt... basing numbers on speculation is the exact reason why the valuations are sky-high... and precisely the reason why weed stocks crashed in the past... slow and steady wins the race... that's how I play it...
All JMO... I'm long $CVSI...
No need for name calling... If you don't like my opinion, simply pass over my post... God bless you and you're family my friend...