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More than a few drops of Oil of Oregano can have harmful effects. A FEW DROPS. The FDA wants to judge hemp extract based on chugging full bottles.
I say it is because the FDA are taking orders from the UN and that is who runs our whole "country" these days.
"UN Warns Adult-Use Cannabis in US States Violates International Treaty":
March 23, 2023
https://cannabisnow.com/international-narcotics-control-board-2022/
Funny thing is if you ingested these same amounts of any other herbal tincture at Whole Foods, you would need to go to the hospital immediately, and might not make it. Go ahead and chug a bottle or two of Wormwood tincture and see what happens. See how much clove oil you can drink till you vomit. Hemp extract is much more benign. It's just stupid to be talking about the dosage amounts they are talking about in even one sentence of the report when they know what people want are dosages that are in an entirely different universe.
I'm an old pro, and I've never ingested even 500mg of CBD gummies or tincture in a single sitting, not even close. And a 20mg THC gummy or two is what I'll do if I really want to get crazy on a Tuesday. These hundreds and thousands of milligrams levels they are addressing are just not what people are doing with these products.
Even on their lower end where they discuss dosages like 30mg/kg, I would be ingesting 3000mg, almost 2 bottles of CW original formula in a sitting. At those levels, you're just as likely to have problems from the sheer amount of olive oil or alcohol.
The FDA is cherry picking what data they want to acknowledge. They haven't seriously focused on the dietary supplement dose ranges.
Do they really think people are going to ingest hundreds or thousands of dollars worth of hemp extract or even CBD isolate at one time? Does anyone realistically think this?
I weigh 100kg. Would I ever ingest 250mg/kg? That's 25,000mg. There's only 1800mg in a whole bottle of CW's original formula. I don't know CV's dosages very well, but that's almost 14 bottles worth of CW in a single dose. How is this relevant to the single dose amounts we are talking about ingesting as dietary supplements(10, 20, 30, 40, 50, 60mg)? They just keep repeating irrelevant data.
Not so much to sort out IMO. They've left out all that would have needed to be cross referenced with their already preexisting drug data. The paper covers crazy dosages like 1500mg or even 25,000mg. These are not the dosages these CBD companies are trying to sell. These dosages are like if someone drank half a bottle or even 4-5 bottles in a single dose.
The data is also mostly for CBD isolate and not Full Spectrum Hemp Extract. That goes through additional processing with solvents that FSHE does not go through. I don't see full spectrum hemp extract, or even broad spectrum hemp extract being addressed correctly in the paper.
I haven't seen any push/shove match yet, as no one from congress has pushed back yet at all. We are about to see that from Comer.
Agreed. The outcome of the upcoming FDA meeting with Congress is more worth our time. I just posted the new CBD toxicology report from the FDA, and it is the same old nonsense from before. They've incorporated no new data. They keep trying to evaluate a dietary supplement under drug criteria even though the NPA, some companies, and Validcare, have all submitted more relevant data with more relevant dosages. The FDA just pretends all that industry data is totally invisible. The NPA has addressed the stubbornness and dishonesty of the FDA report...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171777196
I have been thinking about that for a while as well. The largest shareholder is the largest shareholder. The debt owed to the IRS is close to the value of the whole company. Not sure how it would all go down, but there seem to be some parts that fit together.
The FDA published a CBD toxicology report ahead of the meeting with Comer and it is a joke. The NPA addresses the shortcomings of the FDA report, and as I mentioned before, I didn't think the FDA was being honest about what data they are working with. Now we know that is the case for sure. The NPA has clearly stated that the FDA has chosen to pretend that the NPA did not submit a citizen petition with much more relevant dosages that are fit for dietary supplements. They've ignored the data submitted by the companies as well. Comer should have a field day with the FDA in the upcoming meeting...
"Review of the oral toxicity of cannabidiol (CBD)":
22 April 2023
https://www.sciencedirect.com/science/article/pii/S0278691523002016?via%3Dihub#bib22
"New FDA CBD Study is Disingenuous at Best, Harmful at Worst":
April 24, 2023
https://www.npanational.org/news/new-fda-cbd-study-is-disingenuous-at-best-harmful-at-worst/
"FDA publishes review on oral toxicity of CBD in animal models":
April 25, 2023
https://www.nutritionaloutlook.com/view/fda-publishes-review-on-oral-toxicity-of-cbd-in-animal-models
"FDA’s failure to regulate CBD is health threat, says U.S. House committee chair":
April 24, 2023
https://hemptoday.net/fdas-failure-to-regulate-cbd-is-health-threat-says-u-s-house-committee-chair
Original NPA citizen petition to FDA.
https://npainfo.wpenginepowered.com/wp-content/uploads/2022/02/CBD-CP-on-CBD.pdf
Happy 420 from the 9th Circuit!...
"9th Circ. Snuffs Out CBD Co.'s Appeal Of Tax Arbitration Order":
April 20, 2023, 7:19 PM EDT
"Watch Live: Schumer Talks Marijuana Reform Plans At 4/20 Event Inside The U.S. Capitol":
April 20, 2023
https://twitter.com/i/broadcasts/1yNGaNXVvVXJj
https://www.marijuanamoment.net/watch-live-schumer-talks-marijuana-reform-plans-at-4-20-event-inside-the-u-s-capitol/
I was wondering...CWBHF says they will be promoting ReCreate products throughout MLB events, and we know ReCreate has been previously part of the Stanley Brother's separate marijuana company. Is this preparation to finally merge? Same brand name under both companies? It seems like they are working with MLB and BAT to modify their earlier plans. It also appears as though they are updating some of the websites. I'm just wondering if/when CWBHF will get to sell all these other ReCreate products...
https://www.leafly.com/brands/recreate
https://bud.com/b/recreate/
https://creatively.life/recreate-cannabis
https://www.charlottesweb.com/recreateyou
https://www.charlottesweb.com/recreate-daily-edge
https://www.stanleybrothers.com/our-brands/charlottes-web
https://www.stanleybrothers.com/our-brands/recreate
"Charlotte's Web Launches ReCreate CBD Brand Offering Benefits Of Whole-Plant Hemp Extract With Botanicals And Other Functional Ingredients":
April 18, 2023
$CWBHF Pushing Top B Band on Daily Chart...
https://schrts.co/wYHpGmnT
Good news today...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171714251
Lots of good news in this post...
"Congressional Committee Launches Investigation Into FDA’s Decision Not To Regulate CBD":
April 18, 2023
Hey MADDSTACKER, good to see you. I added again yesterday too on the good news. It's super cheap right now. I STILL only have one post per day on this board, so I'll respond to you, Fangster, and GEJim all in one. A variety of stuff below...
Fangster- I also didn't expect an additional cash($10Mil) infusion from BAT this soon, but it's great to see both their investment and their motivation to see the FDA drug approval get through to the finish line.
GEJim-Good catch there. I don't think I noticed the Epidiolex connection through Orrin Devinsky in there before. CW is now GW2.0+. All the people and pieces are together here now for a masterpiece full spectrum prescription botanical cannabinoid drug derived from patented genetics.
https://www.ajnabiosciences.com/about-us
Exact reproducibility of each batch of a full spectrum cannabis-derived drug would not be possible without such reproduceable, well-established, and well-documented plant genetics. Check pages 22-23 of the 10-K for the full list of plant IP...
"Multitasking" for me just means, "I'm distracted by my phone, and had too much coffee, but I'm trying" lol. IMO, these guys need one of their cannabinoid-cancer-patents approved and announced, and then real funding will show up, and they can fill those daily gaps at .27, .51, and .56. They have some nice cancer screening IP, but have any of the cannabinoid-cancer patent apps been approved yet? IMO, those will be what can get the price back up.
Page 20...
I think they already tried to convert at .35, which is why it says, "a portion of the loan converted", but it was so thin after the RS in spring last year that it just fell right thru and was only near .35 for a very brief time if you look at the candle on the daily chart on January 30, 2023...
Daily Chart
https://schrts.co/bVYCrqmK
Don't get me wrong guys. I wasn't trying to poo poo the stock by posting the note holder terms. I was just helping to complete the DD. The March balance of the note was not huge but could do damage if converted at low prices based on VWAP. It would probably benefit everyone for the stock to just go back up. If they can get it back to .35, and still only have a ~$3-4mil market cap with an ~8mil float, that's still tiny, and it could go on from there with the right news. GLTA
Here we go!... "Charlotte's Web forms Joint Venture with BAT and AJNA BioSciences to Seek FDA-Approval for Proprietary Full Spectrum Hemp Extract Botanical Drug":
https://investors.charlottesweb.com/press-releases/press-release-details/2023/Charlottes-Web-forms-Joint-Venture-with-BAT-and-AJNA-BioSciences-to-Seek-FDA-Approval-for-Proprietary-Full-Spectrum-Hemp-Extract-Botanical-Drug/default.aspx
This would be an industry first as not even Epidiolex is full spectrum. It is only CBD isolate.
Back of napkin calculation here, but if the stock went back up to that price of .35 and the remaining balance of $1,275,000 converted at .35, it would add like 3.642million shares to the OS and Float. The total OS would be like 8.6million, and the market cap would be like $3,010,000. The lower they convert though, the more shares it takes to get paid back from the alternate conversion terms, and the more shares it adds to the OS.
At least I think it is the correct note because it is the same amount of $2,750,000. People may want to confirm that those terms are still the same. I'm multitasking today and haven't checked thoroughly.
IMO, you gotta include the whole convertible note in the market cap and OS even though the holder is maxed at 9.99%. I think the big drop was because there were just too few buyers around after the RS while the holder converted and sold into the bid as fast as possible.
A note holder shouldn't be holding that large of a percentage of shares. They usually dump immediately if the buyers are there. Since there were only a few buyers around, they dumped only what they could, while converting as much as they could. Now, I say they will keep selling from their 9.99% and then convert more shares based on 30day VWAP, before another round of selling. Basically, even though they have maxed out their conversions, they will oscillate between selling and converting until they are done, if buying volume is around.
I haven't taken the time to calculate, or even estimate, the fully diluted OS yet, but IMO, that's the OS that you would ultimately have to push back up to those multi-dollar levels, which could be achievable if they have some good news or maybe get some more patents granted etc. Once the note holder is out of the way, the float should still be pretty small. IMO, the question is...at what price will the note holder finally convert and sell everything and just go away? Gotta look at the terms more closely to maybe see. Balance was $1,275,000 on 3/23. Here is a bit more info from the 10-K... I'm not sure how many of the three tranches have been issued...
"Charlotte's Web Appoints Andrew Shafer as Chief Marketing Officer":
APRIL 04, 2023
Hey Fangster, on 2/27, you said...
Why did the Department of Defense post a job offering for "covid-19 research" over 3 months before anyone had ever heard of "covid"? Why did the DoD award a contract to Labyrinth Gold Health on 11/12/2019 for "covid research"? Why did the DoD sign an $18million Federal research contract with "Metabiota", in Ukraine?
Metabiota was started with the help of "Hunter Biden"
"They were researching Covid where?":
https://www.youtube.com/shorts/LDvTVSyttR0
Yes, I am curious to see how much inventory and raw material they keep around or toss.
Yeah no, it was an error. I contacted their investor relations and they fixed it. Sometime recently it changed to say par value of $1.00, and I thought there might be some kind of filing to follow, but it was just a typo...and has been changed back to "no par value" now...
https://www.otcmarkets.com/stock/CWBHF/security
"The Effects of Long-Term Self-Dosing of Cannabidiol on Drowsiness, Testosterone Levels, and Liver Function":
March 22, 2023
Yes in British Columbia. For the longest time it said no par value on CW's OTC markets share structure page, and it definitely says no par value or nil par value in the recent 10-K, but recently(2023) when the share structure was updated on OTC markets, the par value changed from no value to $1.00. Maybe it's an error? CV's has always been .0001 I think.
Fangster, I probably should have asked you. I believe you have a financial background. Maybe you know the answer to my par value question?...
Jim, I'm wondering if you may know the answer to this...While comparing CVSI and CWBHF, I noticed CVSI's par value is .0001, while CWBHF's par value is $1.00 with a very similarly sized share structure. I know par value usually doesn't mean much, and please correct me if I'm wrong here, but does that mean that CWBHF can't issue shares for cash below $1.00 without having a direct liability to shareholders? Also, CWBHF expects the BAT shares to convert even at the "high" price at which they were issued (~$1.50USD, conversion price of C$2.00 per common share). At what price(s) do you think CVSI's future conversions will take place?
https://www.otcmarkets.com/stock/CVSI/security
https://www.otcmarkets.com/stock/CWBHF/security
IMO, that's not a very good analysis of CVSI vs CWBHF. Neither is the CVSI board's analysis of the BAT+CWBHF deal. BAT can add CWBHF shares at any time, and BAT must maintain a certain ownership percentage to keep their brand-new position on the BOD. See the "top-up rights". BAT utilized their "top-up rights" with OGI to add $6.3mil after their initial investment.
https://www.prnewswire.com/news-releases/charlottes-web-appoints-jonathan-p-atwood-to-its-board-of-directors-301772142.html
https://www.businesswire.com/news/home/20220228006194/en/BAT-Exercises-Top-Up-Rights-to-Invest-6.3-Million-Resulting-in-an-Increase-in-Equity-Position-from-18.8-to-19.5
Well, "MLB" is mentioned 180 times in the 10-K, so no one has to guess anything about the deal. There are some excerpts below. Furthermore, the company already stated on page 28 of the Q3 report that the cost of the deal would be materially funded for through other expense savings....
Agreed. I noticed some years ago that the Stanleys had an entity called Stanley Brothers Bio-Tec, but I think that is what may have become AJNA. The part about CW licensing their IP into a biotech partnership and partnering on an IND pathway for FDA approval of a botanical drug sounds like a preliminary explanation of how they will fit together with AJNA as AJNA is purportedly aiming for "the first FDA approved full spectrum cannabinoid drug"...
https://www.ajnabiosciences.com/our-work
https://www.ajnabiosciences.com/about-us
I think they are now set up to be able to have progressively better Q1 and Q2 reports. It's great they've received every dollar of the $11mil federal tax refund. With $67mil in cash now they should have a lot of options going forward.
I also liked hearing about the Wynn Hotel deal in the conference call. The hotel realm should go together well with CW's spa/massage side of the business in CBD Clinic...
https://cbdclinic.co/
A few other things below...
Here is a quick little video where I overheard something I probably wasn't supposed to hear:) Listen just after the 1:45 mark in this MSM news story to hear what else this guy was taking besides $5 dog dewormer when his cancer magically disappeared...
"OKLAHOMA MAN CURES HIS CANCER WITH DOG DEWORMER (AN ANTI PARASITIC) AFTER BEING SENT HOME TO DIE":
March 24th, 2023
https://www.bitchute.com/video/edpQUlD320zo/
Congress is finally making cannabis moves in Washington D.C. including 280e tax relief, which is a good sign for the future of the entire U.S. cannabis industry...
"Congress lets DC cannabis expansion proceed (Newsletter: March 24, 2023)":
Yeah L-O-L, Dowling held onto it for quite a while (almost 3 months) just so they could release it when CWBHF reported. How lame haha. You'd think from the patent announcement lawsuit settlement they would have learned their lesson about playing games with patent announcements to manipulate shareholders, but nope, same old games...