Tuesday, September 18, 2018 4:41:26 AM
CVSI and cwe.b are the only USA public Co who have created strong national level CBD brands(Elixinol is Australian). CVSI has poliferated more stores at national level where as cwe.b grew more through online sales. CVSI product price point advantage coupled with outreach through brick and mortar stores is very important for 55+ consumers who are not very comfortable buying online when trying new health products. GRAS certification is another feather in their hat to attract national chain stores or potential acquirer.
To sum up, a national/international giant will be very comfortable paying huge premium for acquiring brand like PlusCBD but before that pps has to reach much higher level, co to serious funding through mixed secondary offering post NASDAQ before CVSI management considers acquisition. It is business miracle to be invested in space where large Giants are so restricted yet so ready to participate. Similar case study Hanson Naturals aka red bull aka Monster.
Sit tight on this one till middle of October.
Recent CVSI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:54:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 01:28:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 01:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:36:49 PM
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