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Re: mc73 post# 5296

Wednesday, 04/10/2019 9:17:50 AM

Wednesday, April 10, 2019 9:17:50 AM

Post# of 22023
Here is comment I left on that article-> I did not like this article at all, I did not find much value, because it somewhat feels like the author was short biased even though the title seemed long biased. Correct me if I am wrong and this is not a personal attack on the author, who I respect, but a difference of opinion on the article. Two major points to dispute:
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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