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Wednesday, August 27, 2014 9:01:22 PM
Well lets look at what kind of company Cannavast is?
CannaVest Corp., is engaged in manufacturing, marketing, and selling products containing hemp oil, including CBD. Its current products are Real Scientific Hemp Oil, Cibdex, Cibaderm, and CBD Simple.
So lets see... LVVV can make all of those products... and LVVV can get the CBD oil cheaper which would mean better profit margins and possibly a reduced price? It certainly appears that after the falling out between MJNA and CANV - LVVV has the opportunity through their Hempwire partnership to fill in the role where CANV once did.
The China deal will also give LVVV a competitive advantage since they will be able to wholesale at a lower cost than CANV. I know I saw someone posting about how a "Big Player" could come in and sell products at a discount to knock out the little guys. Sounds to me like LVVV is in position to start knocking some competition out without selling products for a loss.
Lets also take into account the Energy Chews, Apple Rush beverages, Kannaway, The Vitamin Shoppe, other products coming out... LVVV is in a very good position to take a very large part of the CBD market. CANV is currently trading at over $3 with a 102 Million market cap. Considering LVVV can do everything that CANV does and much much more.. LVVV currently has a 3.5 million market cap... You do the math
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