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Have to think they will carry CW also and pr soon
CWBHF will be in all the majors. Brand of choice. They are doing $70m rev in 2018 with 3k stores. They could go to 30k stores overnight. $500-$700m revs with 35% EBITDA . $10b cap ?
Cali biggest US market for CBD huge news
Biggest cbd market in US
Exciting news from the Golden State!
A Roundtable-supported bill that would clarify that hemp-derived CBD is legal for manufacture, distribution and sale in the state of California passed out of the Assembly Committee on Health yesterday afternoon without a single no vote. AB 228 would expressly permit the retail sale of hemp-derived CBD in foods and supplements, and also in topical applications. As a bonus, we’ve got the committee analysis here for you today. If this bill passes the Assembly and the Senate floors with the current urgency clause included, the law would go into immediate effect following Governor Newsom’s signature.
i agree....sorry if sounded like i was complaining ha
annoying that we always have the most dramatic pullbacks and always have trouble with RSI 70+ on the daily charts for now. obvi news can trump all of this.
Congress faster path for legalizing CBD in food, says outgoing FDA chief https://fxn.ws/2FoU67G #FoxBusiness
Congress faster path for legalizing CBD in food, says outgoing FDA chief https://fxn.ws/2FoU67G #FoxBusiness
Couldn’t agree more
First inning
i have been keto over 2.5 years without cheating where did you see this ? thank you
CW is the potential TLRY CGC of 2019... $5-$10B+ market cap upon execution of Biz plan
$CWBHF $CWEB.CA The Only 4 Pure-Play Pot Stocks That Are Profitable on an Operating Basis https://finance.yahoo.com/news/only-4-pure-play-pot-112100423.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
CW always said potential to have mrkt cap like $TLRY $CGC $5-$10+ bill imo
Yes and remember CGC ran to $5-$7b cap on TSX before uplist to US
?$CWBHF $CWEB.CA The changing views on CBD oil | Metro US https://www-metro-us.cdn.ampproject.org/v/s/www.metro.us/lifestyle/career-education/the-changing-views-cbd-oil?amp&_js_v=0.1&usqp=mq331AQECAAoAQ%3D%3D?
“people recognize there’s going to be a direct revenue stream for that business.”
Charlotte’s Web spokesman Cory Pala says that with the passage of the U.S. farm bill, senior North American listings have become more accessible for the company and it is reviewing its options. That could mean leaving the Canadian Securities Exchange. “Senior listings in Canada and the United States are of great interest to the company,” he said.
?$CWBHF $CWEB.CA uplist talk also ! Canada’s biggest pot ETF gets a major new holding /via @globeandmail https://www.theglobeandmail.com/investing/markets/etfs/article-largest-pot-etf-adds-charlottes-web-to-holdings/?utm_medium=Referrer:+Social+Network+/+Media&utm_campaign=Shared+Web+Article+Links?
This seems new -> Active pharmaceutical ingredient production in-house
Looks like we were added to weed etf
https://twitter.com/tradermase/status/1107739073240662017?s=21
Agree and think it had to do with not rattling the FDA or uplist process?
$5-$10B+ cap imo once we get news flow
new highs coming in Canada
My thesis exactly
Great post !
I take max strength CW oil and it works beyond words $160 per bottle ha
more games ..shorts desperate to not let this close HOD
HAHHAHAH agree ...literally laughed out loud at that
He seems to be hyping some OTC named emerald health ??????????
I think about that all the time !!!
Meanwhile CW HOD and may close all time highs in Canada
they took CBD off labels imo to get ahead of FDA.... all other co's may have to do same
I apologized on that board and stopped posting about CW there . Please do the same here
FACTS -> CVSI DOES NOT have SIMILAR financials to CW (added cash):
1) CVSI did $48m revs in 2018 CS will do approximately $70m.
2) CW forecast for 2019 is $120-$170m revs , CVSI does not even give a forecast but CW forecast looks like they could start to seriously lap them as CVSI had little growth from Q3 2018 to Q4 2018 and warned Q1 2019 would be the same.
3) CVSI GM% was 70% for 2018 CW GM% was 77% for first 9 months of 2018.
4) CVSI Adjusted EBITDA % was 29% for 2018 CW Adjusted EBITDA % was 34% for the first 9 months of 2018 and they have forecasted 35% Adjusted EBITDA for 2019. ( if CW revenue and GM% are higher than CVSI then Adjusted EBITDA with a higher CW % will continue to be higher Adjusted EBITDA $ ).
5) CW has $79m cash and CVSI has $13m cash and is developing a drug (which requires a lot of $ for trials) besides their CBD business
So in conclusion, CVSI financials are awesome and something for longs to be proud of and want a higher valuation!!, but they ARE NOT SIMILAR to CW which are some of the best in the industry and about to get better!
Similar is not the right word. But I agree if CVSI executes market cap should be much higher. They need to hire a CFO , get off the OTCBB , and get mass retail deals.
SUPER action on CW !!! Chart firming up !! TLRY me bro !!
Mods can we focus on CWBHF please? I get the once in a while comparisons to to other companies but its getting out of hand this week. This is usually a professional board focused on CWBHF.
CW has better margins!! Enough of the CVSI talk please take it to that board.
FACTS -> CVSI DOES NOT have SIMILAR financials to CW (added cash):
1) CVSI did $48m revs in 2018 CS will do approximately $70m.
2) CW forecast for 2019 is $120-$170m revs , CVSI does not even give a forecast but CW forecast looks like they could start to seriously lap them as CVSI had little growth from Q3 2018 to Q4 2018 and warned Q1 2019 would be the same.
3) CVSI GM% was 70% for 2018 CW GM% was 77% for first 9 months of 2018.
4) CVSI Adjusted EBITDA % was 29% for 2018 CW Adjusted EBITDA % was 34% for the first 9 months of 2018 and they have forecasted 35% Adjusted EBITDA for 2019. ( if CW revenue and GM% are higher than CVSI then Adjusted EBITDA with a higher CW % will continue to be higher Adjusted EBITDA $ ).
5) CW has $79m cash and CVSI has $13m cash and is developing a drug (which requires a lot of $ for trials) besides their CBD business
So in conclusion, CVSI financials are awesome and something for longs to be proud of and want a higher valuation!!, but they ARE NOT SIMILAR to CW which are some of the best in the industry and about to get better!
Similar is not the right word. But I agree if CVSI executes market cap should be much higher. They need to hire a CFO , get off the OTCBB , and get mass retail deals.
great point cash .....yes like i said......not saying CVSI should not be much higher but CW has superior financials.