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Thank you. Enforcement discretion makes sense and should open the floodgates for CBD companies and investors in those companies.
Thanks, sleek. I guess the USDA and FDA are referring to the guidance as the "interim final rule."
Good news! If you have a contact at OMB, can you get a read from them on FDA regs and their timing (you may have already done so with your thorough DD)?
Wouldn't surprise me if nothing is done til January. Until then DOA for the whole sector.
Yeah, don't we all wish!!
Great summary! A lot to look forward to over the next quarter or two!!
Hopefully a push beyond .05 if we get a mania from the FDA guidance catalyst.
KGKG gonna rock real soon IMO with the rapidly increasing distribution network, new product line Storm rolling out, hiring of new national sales director, planned uplist this quarter, etc. and the energizing of the entire sector with FDA guidance coming re. CBD. Sure glad I'm loaded! GLTA
Don't get him into trouble. California has strict laws against recording conversations without the other persons' knowledge. Although I, too, thought that was a creative idea :-}
There is no proof. It's just noise. IMO, we're onto a winner with KGKG.
My bets are in!
And hopefully the next GC will have a Big catalyst to make VATE fly-like FDA regulations approving CBD in food and drink.
Great article! Thanks, sleek. I like this:
Good call yesterday. Candle tomorrow to complete the "doji sandwich?"
See ya August-glad it's over. Time to make some incredible progress in the next quarter with KGKG.
FINALLY! Never been so glad to see a trading month end as this one. What a bloodbath. Now we move on to bigger and better things in the Fall. Let the good times roll ! Everyone have a fantastic Labor Day weekend.
Great numbers, cj. But the main problem is a credibility issue with Mark re fins. Once this is resolved, look out above.
Let's see how long it takes to complete this $240M manufacturing run.
Sorry, sleek, but I don't think power hour means anything for VATE right now. It's stuck.
Large blocks selling Friday and today. They need money when they need it, which is now. All IMO.
I think it's dilution.
Good luck. You'll be left behind soon.
Inexcusable, but always consider the source. BTW, can't wait til Monday to see if the late Friday action continues, and KGKG starts the next leg up. Hopefully, high teens.
Agree. IMO, in Aug/Sep should be around .17; then Nov/Dec low .20s. KGKG is going gangbusters.
Just his consistent attempt to get shares cheaper.
Agree, a lot could happen with mania in this sector; otherwise KG is a candidate for steady growth over time. I like either prospect.
I hope so. Certainly by the time VATE reports 3rd Q results.
I'll take $1 in 2 years!!
Very good article-thanks for posting! Several good points from it:
Sept through Dec last year were massive months of share price movement for KGKG. I expect the same for VATE this year.
It's from the official Elev8 Instagram site https://www.instagram.com/elev8cbd/
And the post is from the company
Well said. The die is cast.
Thank you!
Where did you get the time frame of early Fall for FDA to issue CBD guidelines? I didn't see that in Dr Abernethy's testimony from today.
Key words in your missive: "Something I told him to do." We understand the jist of your problem with Ryan. He doesn't do what you want, so all with him is bad. It's not like 20 distributors and many more by year's end won't sell tons of VATE CBD infused coffee and tea. It'll just take some time. Enough said.
You're exactly right. And much, much more to come.
And FDA should get a lashing from the Congressional Committee tomorrow. It's all coming together.
Fantastic article! Thx for sharing. Articles like this, coupled with an FDA go ahead on CBD, could very easily incite mania for CBD products. Go VATE!!