CV Sciences Inc (CVSI)

[KentuckyHemp]

The Kroger CBD deal was big news in Kentucky today. They showed a picture of a shelf in a Kroger in Louisville and all I saw were balm products from a company called Buzy Beezs. No CVSI products.

Also saw where Kroger will NOT sell any CBD products that are ingested. "Kroger will only sell so-called topical products, like balms, lotions and creams."

They also hit upon something I discussed earlier on our forum and that is big sores selling CBD means lower profits maybe. Here is what the store manager said: "Kroger and other retail giants will help drive down the price of CBD and hemp product." While this is good for the consumer I still see it hurting 'our' profits.

But two good things to consider. That would mean CVSI is going to have to be a much larger business, the volume might make up the lower profit margins, and the low prices mean a whole lot more customers will be able to afford it and be repeat buyers.