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they ran some sort of study on the use
of their product for social anxiety
sounds like it was positive but
the medical community is pushing back
because they dont want to encourage
people self medicating with hemp extracts
and again with the conundrum
the hemp extracts are working better that the pharmaceutical isolates
ahhhhhhh!
trump mentions getting the FDA "food police" off the farm in his nashville speach
big testimony on opiod crisis on the hill yesterday
was negative towards the FDA and traditional pharmaceutical industry i thought
negativity surrounding biotech showcase because the big products for gene therapy could be decades and billions away.
not a word on cbd/hemp but i have a feeling there was some underlying buzz that bloomberg and others not picking up on
anyone make it to san francisco yesterday for biotech showcase?
dowling spoke yesterday at 3pm pacific.
hopefully no ones getting cold feet.
the trial alone will cost more than the settlement amount.
https://patch.com/tennessee/nashville/watch-livestream-trump-speaks-farm-bureau-nashville
"The president is expected to push for rural prosperity at his speech"
http://www.votehemp.com/PDF/Farm-Bureau-Hemp-Bill-Endorsement-Letter.pdf?utm_source=Farm+Bureau+%26+Senate+Update+10%2F2&utm_campaign=Farm-Bureau-letter-10-3&utm_medium=email
what is vndm up to buying on the bid?
i would be cancelling christmas if it wasnt january
the republicans are going to crushed in the midterms if they don't do something.
here is the breakdown of sectors inside the larger sector:
1. Recreational Marijuana in individual states
2. Medical Marijuana in individual states
3. CBD Oil from Agricultural Hemp and/or Hemp products
4. Pharmaceutical
#1 now has no federal protections
#2 is protected by Rohrabacher-Farr Amendment rider
#3 has its own separate protections by 3 different riders on spending bills and 9th circuit case law 2004 HIA vs DEA and 2014 Farm Bill section 7606
#4 Routes through FDA
CVSI going after #3 and #4.
wiltshire loan due feb 1
vndm @ .41
not touched yet though that i have seen
let them panic great entry point for those that may have missed things
no dilution yet we may be in the clear here
they should sue the pharmaceutical industry for the opioid crisis is what they should do. thats where the real money is at imo.
bad for rec marijuana. med marijuana has some protections still.
Keep in mind that industrial or agricultural hemp have completely separate protections from medical marijuana or recreation marijuana. Cole Memo and Rohrabacher–Farr are not needed for industrial hemp as we have our own spending protections [Omnibus and Cosolidated 3 different protections] that protects from all federal agencies and state agencies receiving federal funds from "prohibit(ing) the transportation, processing, sale, or use of industrial hemp that is grown or cultivated in accordance with section 7606 of the Agricultural Act of 2014, within or outside the State in which the industrial hemp is grown or cultivated.". Industrial hemp also has case law protections that marijuana does not have via 2004 HIA vs DEA.
this is new news as of this morning broke by major news outlets; cole memo rescinded today.
https://archive.org/stream/781914-cole-memo/781914-cole-memo_djvu.txt
Basically a DOJ memo that says if you operate a state marijuana program the DOJ will leave you alone. It really irrelevant for this stock but wouldn't be surprised to see the whole sector drop 30%. This is investment bank meddling in part.
cole memo being rescinded today
"...enable those who need or WANT nicotine to get it from less harmful products." FDA Boss December 2017
"We are encouraging innovation in products capable of delivering nicotine with less harm" FDA Boss December 2017
FDA came out and said we want to make nicotine use safer for those that still want to use nicotine. I think it was the talk at Duke by Scott Gottlieb (
ya that just dawned on me just now.
i had someone ask about the nicotine cbd gum and i was like well it will be prescription only and they were disappointed.
but what if they say screw it and ask the fda to to go straight to otc. not sure if thats possible but if it is wow.
no this board broke it
we have broke many stories actually that have not come to the light yet.
the information can be found on pacer
good sign for cvsi-007 and cvsi-008:
https://finance.yahoo.com/news/insys-apos-cannabidiol-gets-fast-162904171.html
"Is Earth Dog coming on the second new moon of the year to eat Fire Chicken's cryto gains"?
Merry Christmas!
its hemp y'all
hmm doesn't make sense they should declare a new code
I posted this earlier. #2 which is what you are referring to has very high barriers of entry and will eventually be absorbed by #4 in my opinion and the FDA will have full jurisdiction and the barriers of entry will be a sunk cost and all will have to be resubmitted to the FDA.
its important to notate now 4 different sub sectors in the USA developing for the sale of actual cannabis products:
1. Recreational Marijuana in individual states
2. Medical Marijuana in individual states
3. CBD Oil from Agricultural Hemp
4. Pharmaceutical
Keep in mind #3 and #4 are national plays. CVSI is working on both. They are going to go wherever the market allows them to go.
CVSI is already operating in Las Vegas via #3.
this chart is extremely bullish looking imo
specifically looking at the candles for 3months
it appears to be a done deal as long as the the "bosses" at the SEC sign off.
looks to be no fault but with the permanent injunction.
you only get one 2nd chance with the SEC:
"CannaVest and Mona would consent to be permanently enjoined from future violations of the federal securities laws"
not that im worried but just sayin...
i just checked pacer this morning and it was there
not sure how long its been up there
probably since yesterday
12/18/2017 27 Interim STATUS REPORT PURSUANT TO LOCAL RULE 26-3 by Plaintiff Securities and Exchange Commission. (Van Havermaat, David) (Entered: 12/18/2017)
looks like a 5 year bar is coming
update on the SEC case:
Pursuant to Rule 26-3 of the Nevada Local Rules, plaintiff Securities and
Exchange Commission (“SEC”) and Defendants CannaVest Corp. (“CannaVest”)
and Michael J. Mona, Jr. (“Mona”) submit the following interim status report.
Plaintiff SEC and defendants CannaVest and Mona recently reached a
tentative resolution of this action. Pursuant to the tentative resolution, CannaVest and Mona would consent to be permanently enjoined from future violations of the federal securities laws. In addition, CannaVest would consent to pay a civil penalty of $150,000 and Mona would consent to pay a civil penalty in the amount of $40,000, with both penalties payable in twelve monthly installments beginning
30 days after entry of the final judgment. In addition, Mona would consent to
reimburse CannaVest $10,000 pursuant to Section 304(a) of the Sarbanes-Oxley
Act of 2002, pursuant to the same payment schedule as the penalties. Mona would
also consent to being barred for five years from acting as an officer or director of
any public company.
The settlements are tentative because the defendants’ executed consent has
not yet been received by the SEC. In addition, only the SEC Commissioners in
Washington D.C. have the final authority to approve the settlement proposals.
Although the approval process typically takes several weeks, the SEC staff has
already begun the process of obtaining final approval for the settlements with
CannaVest and Mona and, assuming approval by the SEC Commissioners, the
SEC will submit the proposed settlements to the Court for its approval.
If the tentative settlement does not proceed, the SEC expects to file a motion
for summary judgment. The parties estimate that a trial of the matter would take 3-
5 court days. The parties considered but do not consent to trial by a magistrate
judge under 28 U.S.C. § 636(c) and F.R.C.P. 73 or the use of the Short Trial
Program. If the tentative settlement does not proceed, the parties will consider the
use of alternative dispute resolution processes.
its gonna take some guts to hold for billion dollar market caps
big guts
maybe some good trading opportunities along the way for the saavy investor but dont get caught chasin!
it is a stated goal to uplist; yes they have mentioned on a few occasions including the 2016 September ceo letter and other times on calls from my recollection.
yes 90 million + iliad2 dilution in november.
December is clear except for maybe a bit in options.
I expect if cvsi was bought out today though the total shares would be around 128 million with all options and etc.
there was a war over narratives for a while there was hiding some tracks
i think ive calmed down and the situation has also and either way pharma or natural products industry or both we should be good.
no he isnt; they want to do a reverse split and uplist. it is a stated goal and they will reverse split to do it they said.
not sure; my gut tells me they need an investment bank to handle it for them and they would also issue shares to the investment bank and exchange get money to fund clinical trials and build the pharmaceutical side. without that deal with an investment bank i dont see the reverse split happen and that is bad news. they have 6 months or they will need to vote on whether to allow again.