Charlotte's Web Holdings Inc (CWBHF)

[CornellEngineer]

You may very well be right, mc...and if you are long CVSI then for your financial sake I hope that you are. I freely admit that I have only just begun to look into them a little so I could easily be off base here.

But there is more than one lawsuit against them...this one here just appears to be the latest one...

Robbins Arroyo LLP: CV Sciences, Inc. (CVSI) Misled Shareholders According to a Recently Filed Lawsuit

https://www.businesswire.com/news/home/20181204006186/en/Robbins-Arroyo-LLP-CV-Sciences-CVSI-Misled

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

$1 billion buckaroos is a nice chunk of change, so obviously these "frivolous" lawsuits don't always turn out to be nothing burgers. These fraud cops/ambulance chasers (take your pick) typically don't like to waste their time on cases that have little or no chance of paying off.

These class-action lawsuits are often much more than just a minor nuisance to companies...they can drain precious corporate resources, distract management from making crucial business decisions and seriously harm shareholder confidence and thus stock price.

There are many THC and CBD companies out there that offer their shareholders a potentially nice return on their investment...I don't see the need to gamble on ones that are in potentially hot legal water when there are more than a few of them that aren't.

But that's just me...your mileage may vary, however...so best of luck to you.