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Yea the bases they’ve covered are impressive.
Many arrows in the quiver for short and long term revenue.
Warrants are only on the NEO correct?
I have positions in all three.
Like all of them.
Large position in Charlotte’s Web too.
Sweet day today. Love this stock.
What’s up with that downgrade? They seem to be making moves to me.
Nice move scout. Good accumulation points last few days imo.
Long VGWCF
Just saw the news Dude.
Huge!
300% deal increase = very nice.
Hopefully we can catch a little fire tomorrow.
Hindsight is 20/20 dude. My portfolio was up nearly 90% about three weeks ago.
Then Orange Face started his Twitter trade war shit again. Then the FDA pretty much bent over the CBD industry and inserted its foot.
I’m currently riding a 7% gain lol.
But yea, after watching so many gains evaporate and finding out firsthand the volatility of the entire cannabis space I’m going to go with the hold a core/trade a core philosophy.
I’m generally a buy and hold guy based on fundamentals.
I still have major confidence in all my holdings long term but I’m gonna start taking profits when there’s a healthy chunk. Watched my largest holding go from 125% up to currently about 6% in a few weeks.
Gut punch.
This is all my opinion and not any advice to anyone.
Personally, I’ve learned a lesson in profit taking from the past few weeks. Cannabis space is just so volatile.....I usually keep an eye on the tax burden and try not to trade all that frequently but at this point I’m saying F it.
Left too much money on the table already.
I agree. The pure plays have been hit from all sides the past month with the FDA just twisting the knife.
For me, I had high hopes with the Farm Bill passage that 2019 would be dynamite..and it seemed to be happening for Q1 as many pure plays were having nice runs.
But, here we are facing the headwinds again.
Personally, I’m lowering expectations for 2019 for all three of my pure’s with the recent developments. However, my confidence is not shaken in the least for the future as it is very bright.
Not sure if this has been posted. No CBD on labels?
I know some companies just put ‘hemp extract’.
Twitter conversation.
With the FDA hearing on CBD, I'd be surprised if $CVSI can continue moving forward with "CBD" in their product titles. https://t.co/2GFNN8dGrg$CWEB $CWBHF & other top CBD brands have all switched to the terms "Hemp Extract" for their labels...@CV_Sciences $GWPH
— Bullion Nation™ (@BullionNation) June 4, 2019
Thanks for the response. Appreciate the input. eom
What are you basing the $2.75 on other than your breadcrumbs theory?
Do you have any TA to back up your call?
Just curious.
I don’t see it, personally. However, I always like to consider others viewpoints.
It’s a good article. I always read the comments and people always try to shoehorn MediPharm in with other extraction companies.
Imo MediPharm is nothing like most ‘extraction’ companies. They have much more going for them and I believe their model is to become a multi platform international cannabis company based around concentrates.
Look at the revenue already. All the big LP’s can have the headaches of commoditization of MJ, dispensary licensing, etc.
As it stands, they can take tolling contracts from big LP’s and at the same time buy the bulk MJ to make concentrates, then turn around and sell it right back to the same LP’s or privately. Genius plan imo.
White labeling will be the ‘moat’ that separates medif if big LP’s all go in house for extraction in the future. However, I think demand will be so high through 2020 it won’t matter.
Does anyone know if MediPharm has any inroads to the US market when it opens up? Perhaps the partnership with CGC?
I also love the job VGro is doing but that’s for another board lol.
I’m hoping the uplist and (hopefully) some positive FDA comments will bring the volume.
I agree- it’s the only way to break out with all the shorts around.
I knew those sharks would smell blood in the water and start circling.
Hopefully we catch a break and get a squeeze.
It would be well deserved after the rough seas as of late!
We got it all in. You’re like a kid on a temper tantrum. Jesus, go put your money wherever you want and good luck to you.
Good question. Maybe shoot IR an email.
Seems like a loose end that needs tying up.
Seems like they shook some weak hands today.
I’m not getting suckered.
Same thing CGC did before going to the big time.
It’s another step in a positive direction. If the big exchanges won’t take the likes of CV/CW then it’s probably better to go ahead and get set up. No need to sit in limbo if they’re gonna drag their feet.
It’s not like it’s a deterrent from going to say NASDAQ/NYSE
It had to happen at some point. Guess it’s better to get it out of the way.
My gains can offset the action for now. Let’s weather the storm and come out the other side looking pretty.
inbox looks great fellas. Hope everyone is having a good weekend.
Ready to get back rolling tomorrow!
Been thinking the same thing Dude. Been spending too much time on the boards.
I’m feeling good about my core long holdings.
Going to the lake this weekend..it’ll be nice to put the devices away for a few days.
Backpacking across the Sierra-Nevada’s in July too. Completely off the grid for 10 days.
I have a feeling once I get back to the real world opening my portfolio will be like Christmas lol.
Let’s just hope it’s not coal in my stocking!!
GLTA
Been good buying ops last week or so. Matter of time here.
If they keep executing the rest of 2019 I believe we will run to $2+ before end of year.
Hope so anyway.
If the stock bumps up a bit and holds Halo will be flush with cash. To me, that’ll be the turning point.
Having a runway of cash will open up many new investors imo.
Same here dude with the strategy. And I’ll second mikki comment about all the work you’ve done here.
You’ve been on top of the ball with good DD. Still appreciate your breakdown on VG/MEDIF a while back.
To be fair- it was a brutal day everywhere.
I saw a comment about how CV didn’t get hurt as bad as other. While true, how much lower can it really go? Hard to lose a bunch of gains when they aren’t there to lose.
I recall a poster last week saying ‘say goodbye to $4.xx prices’. The over exuberance from some here gets just as tiring as the people who bring the flip side of the coin to the board imo.
Anyway, hope the market bounces back in general soon.
It was discussed on a different board a while back re: vending machine avenue. That company was working on single serve doses for something of this nature.
CV needs to be proactive for things such as this. We’re at a critical juncture where any loss in market share would be horrible timing.
Also think it’s smart for F & B industry moving forward.
Good call. I had a buy set at $2.78 myself.
I’ll be more than happy to accumulate here and MEDIF if this keeps up.
Zero worries about either one. Gotta take advantage of the ops even though I hate watching gains evaporative.
Just load for the next run.
I actually trimmed profits a bit elsewhere in hopes to load more tomorrow.
Agree. It’s a great day to add lots of places. eom
If that happens it would be absolutely huge for CV (obviously).
I think the more likely route is to declare CBD as a GRAS ingredient as long as it meets certain quality control standards. However, I’m no FDA expert lol and them declaring that could happen.
I agree: so many unknowns...which is why I’m diversified a bit in the sector (have positions in the big 3 at varying levels).
I’m not a ‘all eggs in one basket’ type.
2 strong buy and 5 buy ratings as of May 20.
https://marketrealist.com/2019/05/charlottes-web-holdings-returns-compared-to-its-peers/
I think the CBD companies would be smart to have a delivery method for food & bev industry that dispenses a controlled amount equal to one serving (like the syrup pumps at Starbucks).
They could be used in restaurants, bars, etc without worrying about the human element.
If FDA sets a threshold thats allowable this would make dispensing reliable and within that ‘single dose’ framework. Not just a guy behind the counter with a dropper.
Just an idea.
Likewise! Seems like positive news every week over there.
Nice to see CV numbers compared to others in the entire cannabis space. Looking pretty strong.
Report after next Q should put that income back to positive. Not too many can say that on the list.
Ya know #4 CA will be blowing up that list too. Two quarters of reporting and already #4...behind the biggest players in the game.
https://www.newcannabisventures.com/top-33-revenue-generating-cannabis-stocks-ranked-as-of-may-17th/
I keep an eye on this site to keep the pulse on the industry. It’s a great tool for comparing/contrasting companies and seeing where they stand.
Useful tool for starting DD on other companies as well.
Huge news! Thanks!
Building some momo. Only a matter of time imo.
Came pretty close to having an order filled today.
Nice rebound though. Seems like $5 has turned fairly solid support.
I think the FDA is about to drop a major hammer on all these ‘Johnny come lately’ companies.
It’s perplexing for sure. There’s no reason CVSI should trade at its current levels.
There’s some baggage from the past but that’s already been dealt with...so not an issue at present time.
Good revenue in an up and coming industry and one of the few in the whole cannabis industry to make money instead of being a cash burn machine. Most of these stocks are way overvalued but this one is not one of them. It’s undervalued. It’s valuation allows for great entry points and every so often great accumulation opportunities.
This is a long term hold play. I think that’s the only mindset for this stock. Patience is needed and will be rewarded imo. I’ve had my share of frustrations here and there but the fundamentals are just too good to jump ship completely.
That said, I have trimmed my position several times, put $ elsewhere, taken profits and slowly increased my position back. There multiple ways to play the market but the goal is to make $. But- I guess some would call that being a ‘fake long’ (whatever that means) lol.
I’ve learned my lesson here and that lesson is to be patient. It’s a lesson I need to be reminded of now and then. I believe this will be one of the handful of winners in the end and that’s the reason I’m here. It can be a frustrating ticker to watch everyday, though.
GLTA no matter your investing strategy.
Agree hmmm. eom