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Tuesday, September 30, 2014 1:06:39 PM
Did IBG manufacture products for Kannaway?
Did IBG secure a source of low cost CBD oil?
Did IBG acquire new trade names and arrange for long term licensing deals?
I don't know the answer to all that because I haven't researched it but my suspicion is that they did not.
LVVV did.
I doubt revenues increased much if at all. There really isn't a reason they would have, no real advertising. The only reason I found this stock and tried the chews is because I invested in the MJ industry and this company came up as to having dealings with TRTC (which proved to be false). I believed the CBD oil chews would have been their biggest winner (THC would if they made it). But they are just not strong enough a company to make this a success story and their competition too big. I've advised to look at what happened to IBGH and how their stock went from a dollar to sub-penny then volume dried up, I advised this because LVVV is following the exact same pattern with a similar product type idea that failed.
But who knows? No one really does.
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