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Good Morning Peeps..
Marty, I too am a big picture kinda guy and agree that many times the board gets caught up on details. Not my style either.
I may just have to try out some of that barrel testing this weekend. You have a good one too.
Good Morning Peeps..
Gladys likes to post this quote from a Seeking Alpha (lol .. lame) article from over a year ago. It talks about CVSI:
Again.. what did THIS Mona do that was wrong?
I get it.. and there probably is a lot of truth in it.
But dont forget, the people that were the liars back in the day no longer work for the company.
Kroger and now the VItamin Store don't seem to mind who CVSI is.. regardless of the past.
Good Morning Peeps..
Nice price action yesterday and today.. but I sure would like to see these gains bring in some big volume. Maybe these little run ups will attract some attention.
I really like this part from that article..
BOTTOM LINE
Robust revenue growth is one of the reasons why CV Sciences deserves a higher valuation. Unlike most cannabis companies, the company is already profitable, an achievement that underscores its focus on generating shareholder value. More than $15 million in cash and zero debt underscore the company’s solid fundamentals likely to continue fuelling the upward momentum.
Already up 0.06 premarket today!
Good Morning Peeps..
It could be that Motley Fool article that came out comparing CVSI to CWBHF and picking CVSI over them. Maybe people are reading it.
Regardless, I will take it.
Here is an interesting article I found while doing a little research..
Charlottes Web vs CV Sciences
The conclusion:
There's a lot to like about Charlotte's Web, but its current price is so high right now that the stock is a little too risky. Although the CBD industry could grow to more than $20 billion annually in a few years, there are already heaps of manufacturers jostling for top spots currently held by Charlotte's Web and CV Sciences.
While Charlotte's Web has a popular brand now, investors need that brand to remain on top for a long time if they're going to see a return on their investment. Shares of CV Sciences, at a more reasonable valuation of just 6.1 times trailing sales, have a better chance to provide a market-beating return. That makes it a better CBD stock to buy right now.
Good Morning Peeps..
Good Morning Peeps..