CV Sciences Inc (CVSI): Worldwide CBD Prices are about to drop s...

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BadKarmaKyle

Re: Alwaysbmikki post# 38587

Friday, 12/28/2018 2:15:58 AM

Friday, December 28, 2018 2:15:58 AM

Worldwide CBD Prices are about to drop significantly.

96% to be exact

Sourced from a 247,000 acre Hemp Farm in Africa InstaDose Pharma is ready to hit the market with 2 million liters of CBD oil in 2019. InstaDose Pharma has over 200,000 farmers harvesting cannabis on over 100,000 hectares (247,000 acres) of land. The main production facility is GMP certified and pharmaceutically accredited with EU Pharmacopeia standards.

CVSI just as the rest will all have to drop and meet the price or lose the business.

https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/canadas-largest-cannabis-producer-brings-down-cbd-oil-costs-by-96-34

Oooooops, there go those margins.

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