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Wednesday, April 10, 2019 9:17:50 AM
1) Yes the $22 billion projection for the CBD industry will be in other areas besides nutraceuticals ( I have seen such report broken down). But guess what? CWEB will also dominate / participate in many of those other areas and will soon launch new products and in my opinion top partnership in these other areas.
2) They said the same about the Canadian weed companies valuations and they have lower sales and greater losses, and not as current and clear an opportunity as the leading CBD brand with an 18% market share. I believe CWEB will be the CGC TLRY ( market cap of $5-$10B + ) of 2019 as CBD continues to get mass acceptance.
Disclosure I am long CWBHF from approximately $10 average.
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