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Wednesday, July 23, 2014 9:57:09 AM
CannaVest's CBD is much too expensive. When you start at 3% CBD in the raw hemp oil, you have to process the heck out of it to get a final product at 15%.
Charlotte's Web's oil is 15% at the start.
All of the processing CANV has to do is what raises the price to 5X that of the oil from Charlotte's Web marijuana.
KannaWay is already dying, as is visible in the increasingly lower turnouts at their events, the decline in the visitors to the site, the decreasing number of live online hangouts and the very few people who comment during them.
CannaVest's stock will continue lower, of that I am certain, because as the accredited investors convert their restricted shares to unrestricted (a process that has started and will continue for the next month, or so,) they will sell some of them.
MJNA's CannaVest holdings will continue to fall in value, and so it will lose that price support.
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Detective Robert Thorn: Telling uncomfortable truths since 2022
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