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Absolutely drop the gum.
He doesn’t understand that different industries have different valuation metrics...
He’s comparing the valuation of a big box brick n mortar store in the retail industry to a leading supply provider in the young and rapidly growing cannabis industry.
A 10x valuation is very low in the cannabis industry. Especially when you consider the fact they have no debt, rapidly growing revenues, and profits... which almost none of their other competitors have!
He’s not taking into account anything that sets us apart and makes CVSI poised for years of leadership in this highly lucrative space, that is only just beginning to grow.
Nice patience.
I just flipped for 500 free shares.
Great post! Nasdaq and INSTITUTIONAL INVESTMENT changes everything.
Why GRAS is sooo important:
Congress released text of farm bill yesterday. Many lawyers analyzed it and found a loophole saying that cbd will still be controlled by FDA, and still not a “legal food ingredient or supplement” UNLESS the company gets their product GRAS Certified (Generally Recognised As Safe) by the FDA. This is a very expensive process that takes up to a year. CVSI IS THE ONLY CBD COMPANY IN THE WORLD WHO HAS ALREADY DONE THIS. THIS GIVES US A HUUUGE HEAD START IN GAINING FURTHER MARKET SHARE WITH BIG RETAILERS AND WILL SOLIDIFY OUR POSITION AS THE ALREADY #1 CBD PROVIDER
This is all new news and just starting to get out.
GRAS is so important!
GRAS
GRAS
GRAS
Ladies & Gentlemen...
Panzer is here!
Prepare for takeoff!
Be patient here. Don’t compare short-term gains to the high-flying penny scams.
CVSI is a real company, with real revenues, profits, and growth.
$50million TTM revenues while EVERYONE ELSE BURNS MILLIONS.
The #1 CBD retailer, already in 2000+ stores, with the only CBD GRAS certification in the world. These are the real company’s that will win.
I get it tho...
just sell the pop!
Bruce’s favorite excuse. CVSI sold $50 MILLION of CBD in last year.
Incorrect. CVSI traded about $2million more today. And they are a real company, with real revenues, profits, and growth.
$50million TTM revenues... compared to HEMP’s $250K... LOL
The #1 CBD retailer, already in 2000+ stores, with the only CBD GRAS certification in the world. These are the real company’s that will win.
Sell the pop or kick yourself for years
All this volume is dumb-money retail. Will spike then plummet. The real hemp companies will continue rising.
Panzer has always been right... this company is a share selling scheme. Completely insolvent, robbing shareholders of almost $200,000,000 over six years, with $140,000 in unverifiable quarterly revenues. OMFG
HOUSE PASSES FARM BILL WITH OVERWHELMING MAJORITY
***Correction... FDA will require GRAS (not DEA)
DEA will still require GRAS...
only CVSI has it
“The farm bill is moving along nicely,” Trump said Tuesday during his meeting with congressional Democratic leaders. “We think the farm bill is in very good shape.”
WASHINGTON POST:
“The legislation will now head to the House, where it is also expected to pass, after lawmakers worked out a House-Senate compromise this month. President Trump expressed support for the legislation on Tuesday and said he expects it will be signed into law.”
Thank you, Hope! I’ve been reading up on this all evening. We are in a fantastic position here.
Did more research... our GRAS is SO HUUUUUUGE!
FDA is going to require it, and we’re the only ones who have it!
And to answer my own question from before... it looks like there are two kinds of certifications: “self-affirmed” and “FDA”. BOTH CARRY EQUAL WEIGHT, because the FDA WILL ACCEPT EITHER ONE.
CHA-CHING!!!!
QUESTION... Can someone help me out here...
Why do people keep talking about “applying for FDA GRAS?” Are there different levels of GRAS? Is our current GRAS certification not the optimal level?
Any clarity here?
That’s what I thought
Thanks for reaffirming
Thanks for this. I honestly hope we don’t gap up... gaps always seem to fill at some point, and they linger like a thorn in your side until they do!
Now I’m confused... I thought we were GRAS already?
If it does in fact gap up tomorrow, do you think it will fill intraday?
Here comes the volume!
I couldn’t disagree more. The stocks that are running right now will likely “sell on the news”, while the patient ones, like CVSI, are likely waiting for it before taking off.
Wow, Panz, this is an interesting one for sure.
Congrats to all who got in before Sept/Oct... this one has really run!
I may be a little late to the party...
Ha, you love these low volume pennies... How am I supposed to make any money when the 10-day avg volume is $80K in a whole day?
I’m also in a stock with <100M float... however it may be a little too rich for your blood, haha...
The most profitable company in the cannabis space, the #1 selling CBD product in the country, and the only GRAS certified CBD oil in the world...
http://www.nutritionaloutlook.com/herbs-botanicals/nutritional-outlooks-2018-best-industry-awards-retail-brandproduct-cv-sciences
https://insiderfinancial.com/record-sales-gross-profit-fuel-cv-sciences-inc-otcmktscvsi/177214/
Panz... you considering another flip on this? Think Bruce will let it run on FB passing?
Excuse the typos... too much THC tonight... LOL
I was referring to the last week or so... it’s run almost 30% off it’s recent low...
Either way I don’t any... I’m ALL IM CVSI
dreek,
CWBHF doing well...
NBEV awesome volume...
What’s your portfolio weight with those compared to CVSI?
Cigarettes disgust me too... never!
Joints are the consummate marijuana experience, in my opinion. But I agree with mc73 that smoking a water pipe would be even better for you. If you have the option, a vape pen with THC oil is the cleanest, smoothest, and healthiest option... but you’ll need to find a good (legal) dispensary for that.
If you’ve never experienced THC, I highly recommend smoking it before ingesting it.
Ingestion can last 4-8 hours and is harder to determine your personal “proper” dosage. If you don’t like the feeling, you’re in for a rough day. However if you smoke it, just a couple hits will give you a great idea what it’s like, and will fade away in a couple hours.
I’ve had a love affair with MJ for 20 years and rarely ingest it. I like classic joints, and lately been into vaping concentrates.
Life is too short not to get high... SOOO MUCH BETTER than liquid poison (aka alcohol)!
Go ahead and order your “cbd” from Alibaba.
Why eat at Whole Foods when you can fill your belly with Bojangles?
Come on duuuude... some people care about what goes into their bodies.
SOOOO WRONG!
Anybody who doesn’t want to see this stock skyrocket to $100 needs to have their head examined.
GAP FILLED... BACK UP WE GO...
BREAKING NEWS:
“Cannabis companies are set for a bullish day after Cronos Group (NASDAQ:CRON) announced a $1.8B investment from Altria Group.”