Their profit margin is very very similar.
Also you forgot that Charlotte’s Web just raised $100mln cash and CVSI has around $10mln cash (including AR).
One of the things that CWBHF lists on their growth plan is : acquisitions 'to leverage and complement CWB's strength'.. also international expansion (European Union, South Africa, and Asia).
CVSI has to do public offering at some point to stay aggressive and keep up with CWBHF.. and I believe they will do so..
But as of now.. they have less cash so smaller market cap is justified imo
Recent CWBHF News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 11:00:55 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:13:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 11:09:03 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 11:08:30 AM
- "Legalize Marijuana" Comments from VP Harris Send Shares of this Dually-Listed Hemp Leader Higher • AllPennyStocks.com • 03/21/2024 01:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 10:00:29 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 07:45:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 02:24:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:54:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:51:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:49:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:47:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:46:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 10:44:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 06:57:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 01:14:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/26/2023 06:57:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/07/2023 09:52:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:44:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:43:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 12:14:53 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 12:10:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/13/2023 06:30:49 PM
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