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no christmas again for the children
the days of sadness continue
SAD DAYS!
I do see Panagora Asset Mgmt bought 143 thousand shares in Q3.
Hopefully we can catch a wave coming soon.
may have been the attorney general not DOD that said chewing was an epidemic. Regardless cvsi-007 has some tail winds. Remember what they said about the june meeting with fda is that the head of every single department was in the room. they are very interested.
Remember the Dept of Defense calling chewing an epidemic?
Here is what Director of FDA said today on twitter:
The new tools that Congress has authorized will give FDA the ability to prioritize the needs of warfighters for medical products that can help save lives on the battlefield.
We’re working on a plan to implement these new pathways in a robust and expedited fashion, in order to quickly meet the needs of the Pentagon and fulfill the commitments we’ve made to Congress, and the obligations they’ve entrusted in us.
As commissioner, I’m personally committed to this effort. It’s one of my highest priorities. In collaboration with partners at DoD, we’ll create an enduring pathway for efficient development & prioritization of products intended to save lives of American military personnel
IT IS A MIRACLE WE ARE HOLDING 24 CENTS LOL
they do have the pharma play with cvsi-007 just in case the fda gives the whole kit and caboodle to pharma. sounds like that thing is going to get fast tracked most likely. remember from the july release NOT A NEW CHEMICAL ENTITY. crucial wording there; they get to skip things because of that.
there are some 144 different cannabinoids in hemp and they have machines coming that can filter out the individual cannabinoids.
anyway looks like the life science play could be where some real money is it.
im just gonna hold out here and see what happens.
the hemp lobby is becoming a force for sure
the only news i gathered was senate version for hr3530 to be introduced by mcconnell; paul and wyden next month. power players for sure.
the fda thing they didnt have much to offer.
the keys to getting past the fda are "no public health threat" AND "the american public has been failed"(if cbd is not allowed to be sold as a food additive and/or dietary supplement product the American Public is being denied something to help maintain their health and wellness).
what certainly makes for a very very unique sitation and why there is hope is big Ag is jumping on board. How often does big AG lose? For heavens sake every farmer in this country makes money every year or at least breaks even because of federal crop insurance. Big Ag doesnt lose. Another rotational crop means downward pressure alleviated on Corn and Wheat prices.
Yes this has massive potential but we must get past the DEA and FDA to realize that potential.
Donuts Inc.
the "public has been failed" argument is where victory will be found.
meanwhile canada is running like an antelope out of control
and here were are trading at 1x revenue just great
the days of sadness continue
an interesting fella
Even TRTC with its 877 million shares is starting to look cheap!
I found a periscope video of him a while back; its no longer up but he seems like a warm fella. I did not get the sense that he is a seasoned public speaker though. The employees seem to like him.
jim cramer mentions plus cbd in tweet:
that's really important. Plus CBD can be very good for you. I think THC can be dangerous.. https://t.co/IeHtlNPYUK
— Jim Cramer (@jimcramer) October 30, 2017
CALL YOUR CONGRESSMAN TO COSPONSOR HR3530
4. illiad note 2 is paid off
5. uplist/registered offering
1 HR3530 passes
2 FDA clears a way for cbd oil from hemp flower to be distributed as a dietary supplement (or at least they back off)
3 cvsi-007 progression
you can find the warning letters if you dig deeper but they removed them from the main "warning letters" page. cant be a mistake can it? are they scrubbing the letters because they made a mistake?
IS FDA BACKING OFF THE IND AND "SUBSTANTIAL CLINICAL TRIALS" ARGUMENT AHHHHHHHHHH
FDA REMOVES CBD WARNING LETTERS FROM FDA.GOV WTF IS GOING ON
cvsi now has the 6th largest revenue among all cannabis companies in north america. only 4 companies from the "supposed" golden goose of canada have higher revenues. then 1 us company TRTC (SHOUTOUT TO AP17! :)) has higher revenues.
its now becoming political suicide to oppose cannabis
see governor elections from last night in virginia and new jersey
republicans and conservatives need to get their heads out of their you know what.
well those warning letters sure spooked the market
gnc owned luckyvitamin pulled cbd products; they were carrying cw and cvsi products marketed as +hemp
natural grocers had previously picked up and pulled with a week but that was back in october
guess we will never know why he impersonated mona:
"Before long, Vest and a man who identified himself as Michael Mona of CannaVest were sitting in Krenzler’s living room, speaking with him and his wife about their hemp oil products. It turns out it wasn’t Michael Mona; it was Michael Llamas, former CEO of Medical Marijuana Inc., pretending to be Mona for reasons unclear."
that dea rep is incorrect about the legality though
see 2004 HIA vs DEA Betty Fletcher case.
But the DEA saying it is illegal was a huge little mistake and opens
up the antitrust case which will force the FDA to make a deal.
the tide has turned
DEA tells WTHR they aint touching cbd oil with a ten foot pole and no one else should either.
FDA is scared of it too.
"We are in the middle of an opioid crisis in this country. That's our biggest priority right now," the agency spokesman explained. "People are not dying from CBD. Some would argue lives are being saved by CBD. Are we going to get in the middle of that? Probably not."
https://www.wthr.com/article/dea-feds-wont-arrest-cbd-oil-users-neither-should-indiana
POTN jumped from Q2 3.2M to Q3 4.4M
They are a non SEC reporting supposed pump and dump scheme but regardless they are in the exact same space albeit their market focus is much different.
have i gone full ratfink? might be time for a break
ILLINOIS+MICHIGAN+MINNESOTA=CANADA
CVSI Market Cap 17 million; q2 4.08M
ACBFF Market Cap 891 million; q2 5.94M
THIS IS A DAMN JOKE THIS MARKET IS FULL BLOWN OFF THEIR ROCKER
Market Cap CVSI 17.12M STORES 1500+
Market Cap MJNA 292.796M STORES 0
if lawyer fees are in sg&a expect it to be worst then ever
all the bitchin about sg&a though the past few years was total crap considering they were paying for self affirmed GRAS in there.
now okay the mgmt compensation i get but it was general sg and a complaints.
"CV Sciences, Inc. has spent very significant
time and resources to have these studies conducted at a GLP, FDA, OECD, EU, EC compliant
toxicology lab." this is from the lab not cvsi
this is full blown rapin by iliad