Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
the wal mart thing was a flop
yes i admit that
it is not being sold on walmart.com
the fda says the product is not a dietary supplement **publically** but privately i get the sense they may not saying that.
ecommerce arm of gnc picked it up [lucky vitamin]
heard a "major supermarket" picked it up; have tried to get more info to no avail. i think they are trying to keep it quiet so as to not upset the small ma and pa shops and to not add fuel to the fire for the competition. if i had to guess it will appear as it does on lucky vitamin.
not a bad strategy considering a r/s will most likely be associated with a registered offering and therefore no more toxic dilution from Iliad and the likes!
also any word on foreign operations at the meeting?
seems if china could make the usa look like childs play here.
chinesecbdoil is still selling pluscbd yet pluscbd says they no nothing about it. that was from 4 months ago though
also there was an odd rumour i heard in december that cvsi was helping the fda test other otc cbd oil on the market.
i wonder if their over the counter offering was discussed during their meeting with the fda about cvsi-007. Did they provide any insight if the fda has given the direciton? they are going for a gras[generally recognized as safe] standard on their cbd oil and the toxicology journal and i wonder if the fda has said to go that route.
if you believe in the product or it has helped you at all please let the FDA know!
the pharma plays in this sector are just getting trashed
vbio [lots of potential years and years away(we heard that before?)]
axim [is this a scam or something?]
zyne [2 candidates with poor fda trials]
gwph [2 billion + market cap? wth?]
they have quite the pipeline of products though. is it all fluff or something?
any opinion on the maturity date of iliad note 1 being pushed back to April 1, 2018?
this stock has a lot of problems
but how many in this sector are actually generating cash?
FCF positive.
been out since Friday?
http://cvsciences.com/investors/
who keeps submitting form t's?
started in mid april and still going strong.
seller or buyer?
surprised they admit to sourcing from the USA; that supposedly is illegal believe it or not and sourcing from outside the USA is apparently legal.
i keep wondering what the FDA is going to do regarding whole plant cbd oil. Prior cases like red yeast rice give a good outlook. I think they will ban adding cannabidiol to any product but allow whole plant cbd oil.
would be nice to have some insider perspective from the FDA.
revenue last 10 quarters in millions:
4.08 q2 2017
3.8 q1 2017
3.2 q4 2016
2.9 q3 2016
2.5 q2 2016
2.4 q1 2016
2.3 q4 2015
4.1 q3 2015 [mjna bulk sale]
2.4 q2 2015
2.7 q1 2015
generated 179 thousand dollars in cash this quarter from operations.
trying to figure out if i should buy into earnings or do some diversifying here. Just not sure what else to buy.
Yes they have:
http://filings.irdirect.net/data/1510964/000168316817001636/cvscience_8k.pdf
There are 2 fda issues though:
FDA regarding cvsi-007
and
FDA regarding cbd oil as a supplement. FDA currently says no -> but is not enforcing as we know. They last sent warning letters out February 2016 to not advertise medical benefits for cbd oil.
I have been trying to get some insight where the latter issue will end up to no avail. Should have had micro ask at the meeting...
zyne phase 2 failed to show efficacy (but was determined safe)
pretty hard drop; cvsi market cap still much less
lots of room for upside here
apparently mcconnell is not happy at all with the DEA regarding hemp and cbd oil
they are supposedly going to try to rip out the fda language on the final bill if it gets to that point; it just sounds like whole plant cbd oil is going to be allowed but adding isolated cannabidiol to any product will be banned. that sounds like that will be the compromise.
house judiciary comm waiving jurisdiction over new hemp farming bill fyi
new bill doesnt get the fda off whole plant cbd oil though.
still expect that to go to federal court...
then who knows; you hope by then cvsi-007 is close to being approved.
weird though the pluscbd crew seemed unusually optimistic at maho about the issue of cbd oil as supplement.
thanks that could be on the low end
awesome momentum is building
actually just re read it and they didnt have to pay out the milestones to pay off the royalty. but here is the royalty they paid out for 6.4 million shares which is another weird thing [why 6.4?]. they paid too much?? should have been less. should have been 4.45 million shares.
from the 8k 1.4.16:
(vi) in addition, in consideration for the acquisition of CanX and its wholly owned subsidiary, Canabine, LLC, a Florida limited liability company, pursuant
to the Combination, subject to and commencing from and after the first commercial release by the Company or one of its Affiliates of the first CBD Drug Product
developed by the Company or one of its Affiliates formulated to treat human medical conditions, the Company will pay to the former shareholders of CanX, on a
calendar quarterly basis in perpetuity, subject to the Company’s Buy-Out Option, as described below, an amount equal to five percent (5%) of net sales of such
CBD Drug Product (the “First CBD Drug Product Earn-Out Payments”);
this company is really building momentum on the
operational side hopefully they can keep it goin
to buy out the royalty is my theory
good list looking forward to your notes thank you
she has European regulatory experience in addition to extensive USA experience
Anatabine was determined to be a new chemical entity which ruined the company for the most part. Anatabine could have been huge. That determination ruined their dietary supplements Anatabloc and CigRx. And finally the tobacco industry did not like Anatabine and Anatabloc for some reason.
Everything is the opposite with cbd oil. FDA says NOT a new chemical entity. Also the hemp industry wants cbd oil to be sold as a dietary supplement.
not sure what yall are expecting but its pretty unlikely fda would not allow phase 1 trials to start. why would they care to stop it? its not a new chemical entity so it can go straight to phase 1 without going through an advisory board. am i missin something? the risk is complete lack of efficacy in my mind. of course their is safety concerns but cbd is proving to have an insanely good safety rating.
*the vote on whether or not to allow rs is on the 14th*
the rs will not happen on the 14th. i personally think it could happen though in august. they dont want to do 1 for 50 sorry. they want as low as possible.
based on the conversation i just
had with my local coop grocery store i think
another record quarter is in order
probably a bit oversold and 2m iliad note is really close to being paid off (if not already paid off)(in shares).