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Not when the stock is on OTC.
Not expecting any bounce today from signing. And the way it's going Trump is going to sign it AFTER close, which will dampen things. Then we have a Friday holiday trading few days.
Timing sucks.
NASDAQ uplisting should be released on a Monday or Tuesday, not a Friday! Friday's are worst days for news.
Release on a Mon. or Tues., do media all week and let the stock run all week and build momentum.
Releasing on a Friday would be PR malpractice and incompetence.
Predictions for tomorrow's open?
This is not a news article. It is a press release that NASDAQ imported through a RSS feed. So much crap goes on NASDAQ.com.
NASDAQ did not write it, nor they probably did not manually pick it. It's an algorithm that ingests content from all areas of the web so NASDAQ.com gets more website clicks.
Here's why I like how CVSI stock is behaving:
We are getting small % gains each day, which is measured and cautious optimism about the farm bill hopefully being passed and then signed into law by President Trump this week.
The stock price is acting RATIONAL. It means people investing are rational as well - which means they are looking at the longer term.
I'm perfectly happy with this behavior.
I'd rather see anything steady, small or large, as long as it's steady, because that is rational.
The TLRY run up to intra-day $300 was such a ridiculous happening and I think many are aware how absurd that run up was. I don't think we will see that with CVSI due to everyone already seeing it with TLRY and recognizing the absurdity.
Let's also keep in mind that this is not a tech stock, or biochem stock. This is a retails sales company. There will hopefully be some big distribution deals sure, but let's not get carried away. Retail can go away quickly when a new hot brand, from a more powerful company, that can undercut pricing, comes onto the scene.
If this thing goes to $20-$50 within 12 months I'd be tickled pink. A lot of this depends on NASDAQ. If this stays on OTC, oof.
I'd love to get to $100 in a huge run up within the next 12 months like TLRY but I don't see it happening.
I HOPE I'm wrong though.
US House votes today: Status update from Politico:
Farm bill hits House floor today
By RYAN MCCRIMMON (rmccrimmon@politico.com; @RyanMcCrimmon)12/12/2018 10:00 AM EST
Permalink: https://www.politico.com/morningagriculture/
IN THE HOPPER: After months of delays, Congress is making quick work of the farm bill conference report. The Senate easily passed the legislation Tuesday in an earlier-than-expected vote, the House will take it up today, and President Donald Trump indicated he’s likely to sign it.
— House Republican leaders are trying to sell GOP members on the farm bill by talking up provisions to tighten work requirements for certain SNAP recipients. Except… the bill doesn’t really do that, write Pro Ag’s Helena Bottemiller Evich, Catherine Boudreau and Liz Crampton.
— Adding up the final H.R. 2: While the compromise bill was on the Senate floor Tuesday, CBO released its score of the conference report. Find it here.
FARM BILL SPEEDING TO FINISH LINE: The Senate leapfrogged the House and voted 87-13 to pass the legislation, just 18 hours after it was posted online for public viewing. The unexpectedly quick passage puts the farm bill, H.R. 2 (115), in prime position to reach Trump’s desk by Friday.
Next up: The House. The chamber is expected to vote today on the conference report after the House Rules Committee cleared it for floor action Tuesday night.
It’s widely expected to pass with broad bipartisan support, but there could be opposition from some conservatives frustrated the agreement doesn’t include stricter work requirements for able-bodied adults who receive Supplemental Nutrition Assistance Program benefits.
“There is not a single significant conservative win to be found in the entire 800-page monstrosity,” said Caroline Kitchens of R Street Institute, one of several conservative groups that gathered Tuesday to grouse about the lack of farm bill policy wins for their side.
Don’t tell that to House GOP leaders. Speaker Paul Ryan said the bill “strengthens work requirements and boosts work supports so that more people are spurred towards opportunities” — even though conferees widely rejected the major changes to SNAP that Republicans included in the House version.
A spokesperson for Ryan pointed to one provision in the final deal that reins in existing exemptions states can seek for SNAP work requirements. The bill would tweak the policy, but the change is so minimal it didn’t register as saving any money on the official budgetary scores, Helena, Catherine and Liz write.
Despite the lack of changes to SNAP work requirements, Trump gave the farm bill a positive review during a White House meeting Tuesday with Democratic leaders.
FWIW: Trump’s meeting with Chuck Schumer and Nancy Pelosi was highly contentious as they bickered in front of TV cameras over funding for a U.S.-Mexico border wall. The public display of discord — including Trump’s threat that he would be “proud to shut down the government for border security” — highlighted why House and Senate ag leaders are racing to clear the farm bill well before the government funding fight comes to a head next week.
From McConnell's office on hemp:
Permalink: https://www.mcconnell.senate.gov/public/index.cfm/2018/12/senate-passes-farm-bill-mcconnell-s-hemp-language-included
Press Release
Senate Passes Farm Bill; McConnell’s Hemp Language Included
December 11, 2018
WASHINGTON, D.C. – U.S. Senate Majority Leader Mitch McConnell (R-KY) applauded Senate passage today of the Agriculture Improvement Act of 2018 (Farm Bill). The Farm Bill takes serious steps to ensure the future of American agriculture, and it contains the legislation -- championed by Majority Leader McConnell -- that will empower farmers to expand cultivation of industrial hemp, a crop that has the potential to play a key role in the economic future of Kentucky and the nation. The House of Representatives will vote on the Farm Bill in the coming days, prior to it being sent to President Donald Trump for his signature.
Senator McConnell’s measure legalizes hemp as an agricultural commodity by removing it from the federal list of controlled substances. It also gives states the opportunity to become the primary regulators of hemp production, allows hemp researchers to apply for competitive federal grants from the U.S. Department of Agriculture, and makes hemp eligible for crop insurance. This measure builds upon the hemp pilot programs, which Senator McConnell secured in the 2014 Farm Bill.
“Last year alone, Kentucky hemp recorded more than $16 million in product sales through the state pilot program I previously secured, demonstrating that hemp holds great potential for the future of Kentucky agriculture,” said Senator McConnell. “My Hemp Farming Act as included in the Farm Bill will not only legalize domestic hemp, but it will also allow state departments of agriculture to be responsible for its oversight. In Kentucky, that means that Commissioner Ryan Quarles, another champion of hemp, will oversee hemp production in Kentucky. I applaud the Senate for approving the Farm Bill, which will give farmers throughout the country the chance to continue tapping into hemp’s potential and expand its market. I also would like to thank my colleague U.S. Representative James Comer (KY-1) for his work on this issue over the years and for sponsoring my bill in the House.”
“When I was elected Commissioner of Agriculture, I promised to take Kentucky’s hemp program to the next level and establish our state as the epicenter of the industry in the United States,” said Commissioner of Agriculture Ryan Quarles. “This Farm Bill helps achieve that goal, and demonstrates that hemp is no longer a novelty but a serious crop that will unleash economic opportunity for our farmers. We would not be here today without the unwavering support of Senate Majority Leader Mitch McConnell and our congressional delegation.”
In collaboration with agriculture leaders in Kentucky and throughout the nation, Senator McConnell utilized his position as Senate Majority Leader to secure his language in the 2014 Farm Bill to authorize hemp research pilot programs. He built on that success with federal legislation to ensure that hemp produced from the pilot programs could be transported, processed, and marketed without interference from the federal government. Under the guidance of Kentucky Agriculture Commissioner Quarles and his predecessor, now-U.S. Representative Comer, these programs have allowed Kentucky farmers to both research the plant and to demonstrate its full potential.
“Without Senator McConnell's leadership on the 2018 Farm Bill and the Hemp Language, it would not have gotten this far. I am grateful that the Majority Leader found this issue so important that he appointed himself as a Farm Bill conferee to ensure his bill to legalize hemp will become a reality. As a Kentucky hemp farmer and processor, it is very important to me that Congress passes this bill and sends it to the President's desk,” said Brian Furnish, Director of Farming & Global Production at Ananda Hemp in Cynthiana, Kentucky.
"We appreciate Senator McConnell's unwavering support and leadership on behalf of hemp in Congress. By securing hemp legalization in the Farm Bill, Kentuckians can feel confident in the future of hemp and fully embrace its potential as an agricultural crop. This will open a vast amount of new opportunities for farmers, processors, retailers, and entrepreneurs like us here in Kentucky and nationwide,” said Alyssa Erickson, Co-founder of Kentucky Hempsters.
In addition to the hemp measure, the Farm Bill strengthens the safety measures that directly help commodity producers as they confront low prices, volatile markets, and the constant threat of natural disasters. It also seizes on a number of opportunities to invest in the future of American agriculture and rural communities by expanding rural broadband, enhancing water infrastructure, and continuing the fight against the opioid epidemic that is devastating rural America.
According the 2017 processor production reports: Kentucky licensed processors paid Kentucky growers $7.5 million for harvested hemp. Additionally, Industrial Hemp Research Pilot Program processor licensees reported $25.6 million in capital improvements and investments and $16.7 million in gross product sales. In 2017, more than 3,200 acres of hemp were being grown across Kentucky.
NOTE: The Farm Bill Conference Report was signed by conferees on Monday night, including Senator McConnell who signed it with a pen made from hemp grown in Kentucky. Here is a link to download a high resolution photo of Senator McConnell signing it with the hemp pen: https://bit.ly/2LbWnV5
###
Permalink: https://www.mcconnell.senate.gov/public/index.cfm/2018/12/senate-passes-farm-bill-mcconnell-s-hemp-language-included
Hemp is in the bill 114 times. How can you say it's not in there? Did you even look? Geesh - stop putting out fake and misleading propaganda.
Admins - can you block this guy yet? He is straight up lying now at this point. Do you job admins.
I'm convinced Vandalay is a college kid. We've all been wasting our time with someone who's never going to have a positive net worth, feels entitled to everything without working for it and thinks they know it all.
"No media coverage." -- CNBC regularly talks about CBD.
I went through this phase while in college too. Thank goodness I came out the other end not a moron like college kids these days.
Wonder where he'll be in 20 years.
I could give a crap about you and your predictions and short/medium term movements. I trade with yearly outlooks and know for a fact that many here do too.
You want to use the board to push short-term and short-sighted misinformation - you're going to get called out on it.
This is the big boy world - deal with big boy words.
Go shuffle along and worry about your day to day movements.
For me - this board is a therapeutic outlet during the day while I run my business. I probably shouldn't be on it - but since I am, I'm going to bring a long-term view to it and call out intentionally misleading comments like "farm bill is a nothing burger."
Long and strong and I have my eyes focused on an acquisition or 2020 stock price.
Vandalay should be banned at this point. Calling the farm bill a nothing-burger? I feel sorry for him at this point. His life revolves around posting lies, fake news and misinformation on message boards to gain a few bucks.
Clearly his life is lacking something.
Vandalay - you should try to create some real wealth for yourself. Invest long, invest in company financials, invest in business and market demand and tangible reality. Not scamming meaningless stock movements day to day.
You are just part of the integrity problem that capital markets have today.
But there have always been weasels in capitalism, and there always will be.
It's just the sad truth. Unhappy lives manifest themselves in scam activities, not caring about real value, being a dishonest person and more.
Wrong. It dramatically expands the marketplace by tens of millions of people. If you are a scared businessman, then yes, you can frame it as 'creating competition' and something to be scared of and a negative.
However, since you are here to create negative news and that is all you do, like someone who is scared, you don't see this as how real businessmen see this - a gigantic opportunity to grow the business to tens of millions of new people.
Let's HOPE
I don't think CVSI will have a run nearly as large as TLRYs because investors have seen the TLRY hype then pull back. I think CVSI's run will be much more measured since people saw the initial run that was really overbought.
But I'm long and strong for years on this one. Going to retire on the back of CVSI.
Glad to hear it helps. And thank you for your service. You're a better man than I am.
67,000 Facebook shares on this CVSI article. They spoke with McConnell, CVSI, Hemp Roundtable and lots of veterans. Largest military publication in the U.S.
CBD is about to revolutionize the veteran community and PTSD, taking America by storm
https://americanmilitarynews.com/2018/11/cbd-is-about-to-revolutionize-the-veteran-community-and-ptsd-taking-america-by-storm/
11/30 FARM BILL UPDATE: Hemp mentioned
From Politico's daily "Morning Agriculture" report.
Published 11/30 at 10amEST:
https://www.politico.com/newsletters/morning-agriculture/2018/11/30/race-to-bring-farm-bill-to-the-floor-436706
RACE TO BRING FARM BILL TO THE FLOOR: Legislative text of the farm bill compromise announced Thursday is still being written and numbers crunched, but lawmakers are already scrambling to find time to schedule a vote in the House and Senate — ’tis the season. With time running out on the lame duck, the target is for votes to be held as soon as next week.
But first ... a conference report must be completed. Top negotiators are waiting on cost estimates from CBO and staff are working to finalize legal language. Senate Ag Chairman Pat Roberts (R-Kan.) cautioned Thursday that the process may take four or five days, meaning the actual bill may not be released until after the weekend.
Details of the deal’s key provisions are sparse. Senate and House Agriculture Committee members have yet to be formally briefed on its contents, Roberts said. Here’s a rundown of what we know so far:
— SNAP standoff resolved: Senate ag leaders said the nutrition title — the most contentious piece of the legislation — is aligned with the Senate version, meaning House Republicans’ bid in H.R. 2 (115) to impose stricter work requirements on millions of food stamp recipients fell short.
— Conservative lawmakers, like Republican Study Committee Chairman Mark Walker (R-N.C.), are already skeptical of the final product, citing the expected outcome on SNAP work requirements. House Ag Chairman Mike Conaway (R-Texas) said he’s asking Republicans to reserve judgment until the legislation is finalized.
“What I’ve asked my colleagues to do [is] keep your powder dry until you see the full package,” Conaway told reporters. “Taken in isolation, each individual piece may not be something you like. But once they see the package and see what we’ve done altogether, then make the decision.”
— Hemp industry gets green light: No surprise here. Senate Majority Leader Mitch McConnell’s bid to legalize the commercial cultivation and sale of hemp made it into the final deal. The bill will remove industrial help from the federal list of controlled substances, and hemp growers will be able to apply for USDA programs.
— Conservation Stewardship Program lives: Senate Ag ranking member Debbie Stabenow (D-Mich.) confirmed that the House effort to eliminate CSP failed. But it’s unclear whether CSP’s funding will be cut and whether changes will be made to the Environmental Quality Incentives Program, another major conservation initiative.
CVSI spoke to this media company yesterday. They spoke to McConnell, veterans, Hemp Roundtable and CV Sciences.
The military market and VA alone are multi-billion dollar markets.
From American Military News:
"CBD is about to revolutionize the veteran community and PTSD, taking America by storm"
https://americanmilitarynews.com/2018/11/cbd-is-about-to-revolutionize-the-veteran-community-and-ptsd-taking-america-by-storm/
Josh Hendrix, Director Of Domestic Hemp Production at PlusCBD Oil, told American Military News, “We are excited to see the Farm Bill get passed with the language concerning hemp that we worked so hard on with the U.S. Hemp Roundtable in the bill. As founding members of the U.S. Hemp Roundtable and pioneers of the Hemp-derived CBD market, we are thrilled for there to finally be clarity on what hemp products are, the fact that they are legal federally, and for a commercial domestic supply chain of hemp to be opened up so that American farmers have the opportunity to capitalize on what might be one of the hottest new categories to hit the market that this country has ever seen.”
New news article with CVSI, McConnell, Hemp Roundtable:
CBD is about to revolutionize the veteran community and PTSD, taking America by storm.
One of the largest military focused news companies published this today. They spoke to McConnell directly and the Hemp Roundtable. They talk about CVSI too.
https://americanmilitarynews.com/2018/11/cbd-is-about-to-revolutionize-the-veteran-community-and-ptsd-taking-america-by-storm/
Moderators - where are you? Debating healthcare bills from Obama era, socialism v. capitalism etc. - NOT RELEVANT.
BREAKING: Farm Bill agreement reached:
They are just waiting on the final CBO score before moving forward.
It's all over Twitter:
From reporter Bryan Lowry:
.@PatRoberts tells reporters that the principal negotiatiors have reached a tentative agreement on #FarmBill including on #SNAP. But won’t discuss details until they get CBO score.
Link:
.@PatRoberts tells reporters that the principal negotiatiors have reached a tentative agreement on #FarmBill including on #SNAP. But won’t discuss details until they get CBO score.
— Bryan Lowry (@BryanLowry3) November 28, 2018
I loaded Mon. Tues. and early this morning at 3.74.
2 Farm Bill Updates: Announcement possible today
Two updates from Bloomberg Congressional reporter Erik Wasson
1.
"Agriculture chairman Pat Roberts update on farm bill. Says “very close” to deal. “To be determined” if they can announce today."
LINK:
Agriculture chairman Pat Roberts update on farm bill. Says “very close” to deal. “To be determined” if they can announce today.
— Erik Wasson (@elwasson) November 28, 2018
Rep Collin Peterson says forestry dispute in farm bill worked out overnight. House GOP still objecting to other aspects of deal. Says he is ready to vote on farm bill and can bring most Democrats to yes
— Erik Wasson (@elwasson) November 28, 2018
Farm Bill UPDATE: Very Close says Bloomberg Congressional reporter
From Bloomberg Congressional reporter:
"Rep Collin Peterson says forestry dispute in farm bill worked out overnight. House GOP still objecting to other aspects of deal. Says he is ready to vote on farm bill and can bring most Democrats to yes"
LINK:
Rep Collin Peterson says forestry dispute in farm bill worked out overnight. House GOP still objecting to other aspects of deal. Says he is ready to vote on farm bill and can bring most Democrats to yes
— Erik Wasson (@elwasson) November 28, 2018
Luckily for me I own a business that prints cash every day. I have extreme tolerance for pain in short and medium term investments like this.
Much more than that amount.
I added - been adding every day on these 10% drops. I'm overweight in CVSI and being irresponsible but no risk, no reward.
Drop is 100% due to farm bill bleak outlook. Each day the odds of it passing get lower. Then we are looking at another almost full year without full legalization of hemp CBD.
Bought more today: Purely gambling on whether farm bill gets done or not at this point for anyone buying now.
I'll be holding long but it will go a LOT lower if farm bill doesn't get done.
LOTS farm bill updates from reporters on twitter. Go here to see them all. Just scroll and also look at the bio of the tweet you're reading so you're not reading bs from speculators.
https://twitter.com/search?f=tweets&vertical=news&q=farm%20bill&src=typd
2ND FARM BILL UPDATE:
Tweet from reporter:
#FarmBill update. Sen. Stabenow says negotiators are close, but points to forestry provisions (rather than SNAP) as the holdup. She says the debate is over what actually stops forest fires.
— Bryan Lowry (@BryanLowry3) November 26, 2018
BAD: Rep. King farm bill update:
A ONE YEAR extension of 2014 bill is possible he thinks. Also thinks may get it done. But clearly they've been talking about a one year extension. That means CBD legalization wouldn't come for a year since they won't get to the bill until the extension is nearly up.
Let's hope they get it DONE.
ARTICLE: https://ktiv.com/2018/11/26/rep-steve-king-addresses-farm-bill-future-immigration-in-sioux-city-stop/
During a stop in Sioux City on Monday, western Iowa Congressman Steve King addressed a host of topics, from the “lame duck session” of Congress to migrants at the border, and the farm bill.
“In this window between now and, we’re likely to gavel out about December 7th, and in that window of time, that’s when we have to come together with a conference report on the farm bill and so, we’ll see what the conferees decide to do,” says Rep. Steve King (R) Iowa.
King says he believes either a one-year extension on the farm bill will be made, or a new, five-year deal could get done.
Congress is set to be in session through December 14 before adjourning for the year.
The Farm Bill is set to expire December 31.
FARM BILL UPDATE: Not Good:
FINAL STRETCH FOR 2018 FARM BILL TALKS: With less than three weeks until Congress plans to adjourn for the year, House and Senate farm bill negotiators are short on time to resolve their differences and write a final version of the legislation in time for both chambers to pass it. (There are only a dozen days left when both chambers are scheduled to be in session.)
Time crunch: As the 2018 calendar keeps shrinking, aggies are on the lookout for signs of an impending House-Senate deal. But policy disputes were still lingering last week with lawmakers away for Thanksgiving, including a partisan spat over forestry regulations and wildfire prevention.
Agriculture Secretary Sonny Perdue and embattled Interior Secretary Ryan Zinke called on Congress last week to give them broader authority to conduct prescribed burns and forest-thinning efforts, to help prevent Western wildfires like the deadly blazes in California. That’s in line with House Republican efforts to expand forest management techniques and scale back certain environmental restrictions in the farm bill.
— Vermont Sen. Patrick Leahy, a senior Democrat on the farm bill conference committee, accused the secretaries of using the devastation to advance anti-environmental policies, our Liz Crampton reported.
— Perdue told NPR in an interview that the government has been “litigated into paralysis about being able to do the common-sense thinning and underbrush cleaning that needs to happen.”
On your radar: Perdue and Zinke are set to visit Paradise, Calif., today to survey the catastrophic Camp Fire damage — so keep an ear out for more on the farm bill forestry provisions.
I'm skeptical farm bill gets done. I think the price dropping reflects this sentiment.
FINAL STRETCH FOR 2018 FARM BILL TALKS: With less than three weeks until Congress plans to adjourn for the year, House and Senate farm bill negotiators are short on time to resolve their differences and write a final version of the legislation in time for both chambers to pass it. (There are only a dozen days left when both chambers are scheduled to be in session.)
Time crunch: As the 2018 calendar keeps shrinking, aggies are on the lookout for signs of an impending House-Senate deal. But policy disputes were still lingering last week with lawmakers away for Thanksgiving, including a partisan spat over forestry regulations and wildfire prevention.
Agriculture Secretary Sonny Perdue and embattled Interior Secretary Ryan Zinke called on Congress last week to give them broader authority to conduct prescribed burns and forest-thinning efforts, to help prevent Western wildfires like the deadly blazes in California. That’s in line with House Republican efforts to expand forest management techniques and scale back certain environmental restrictions in the farm bill.
— Vermont Sen. Patrick Leahy, a senior Democrat on the farm bill conference committee, accused the secretaries of using the devastation to advance anti-environmental policies, our Liz Crampton reported.
— Perdue told NPR in an interview that the government has been “litigated into paralysis about being able to do the common-sense thinning and underbrush cleaning that needs to happen.”
On your radar: Perdue and Zinke are set to visit Paradise, Calif., today to survey the catastrophic Camp Fire damage — so keep an ear out for more on the farm bill forestry provisions.
What about the phone call created the impression of not fit to lead? I didn't listen in and am genuinely curious as to why you think that.
If Farm Bill doesn't pass this will hit $3.00 due to the holiday and low volume.
Many think the Farm Bill is needed to get an uplisting so the price would be extremely vulnerable for quite a while.
And if there is only 10-20% growth for next quarterly earnings - people will be disappointed. People want to see big leaps in growth.
If only 10%-20% growth with a simple consumer product, eh - that's not very exciting.
All the catalysts people say are huge upswing opportunities are also big downswing opportunities.
11/21/18 - FARM BILL UPDATE
From Politico Morning Agriculture newsletter:
https://www.politico.com/newsletters/morning-agriculture/2018/11/21/cdc-issues-broad-romaine-warning-425225
GRASSLEY PREDICTS FARM BILL-SPENDING PACKAGE: The Iowa Republican said Tuesday that a compromise farm bill could be attached to a fiscal 2019 spending measure that Congress must pass by Dec. 7 — that is, if House and Senate farm bill negotiators clinch a deal in the coming days. Grassley said he talked Monday with a farm bill conferee (whom he did not name) about floor procedure for passing the agriculture and nutrition legislation, your host reports.
Clearing the House: Grassley suggested that by wrapping a compromise farm bill into an end-of-year spending package, House Republican leadership could still abide by its so-called Hastert rule. It’s an informal principle that legislation should not be voted on unless a majority of the Republican conference supports it, even if the measure would pass the House.
It has been difficult for House Agriculture Chairman Mike Conaway (R-Texas) to secure enough GOP support for his farm bill, H.R. 2 (115), even after proposing stricter work requirements for millions of adults receiving Supplemental Nutrition Assistance Program benefits — a concept popular among many conservatives. A compromise farm bill that doesn’t go far enough to tighten SNAP eligibility, or limit farm subsidies, could risk the support of Freedom Caucus members.
Got 4000 shares at $4.00. Missed the $3.80s! Damn! NO BRAINER to buy at $4.00 in my personal opinion. Do your own due diligence. GLTA. Long and strong.
Severely overweight now in this but taking a risk.
Disagree / Agree
Disagree with you on Farm Bill.
100% agree with you on better PR. They are awful at it.