CV Sciences Inc (CVSI)

[YoungLonghorn]

I am happily invested in CANV, so I assume we disagree on where this company is going.

But you are right in raising these questions about production costs as it is a very real and big concern. I just emailed the company to ask a couple of questions, and added one on the production cost topic. I hope and expect to hear back soon, about what the plan is regarding marijuana CBD competition and if we plan on producing it if it becomes legal in more or all 50 states.

I'm still very confident here however, as management seems to care about shareholder value. I like the fact that insiders hold 61% of the outstanding shares, and that the share structure has stayed reasonable over the last year. This one trades thin, and if the sector heats up, it will at least be a nice swing trade.

I still think financials will improve on last quarter, as that quarter was obviously not good, but to be expected after the HempMeds termination. This shouldn't be sub-$3 for long IMO. I'm cautiously optimistic here.

I would love to go long on CANV, but I just need some clarification from management about the future and to see how well they address shareholder concerns first before making that decision.

I'll let you know if management gives me any substantive information that is worth sharing regarding your concern.

Go CANV!!