CV Sciences Inc (CVSI)

[Wolf-man jack]

ST What you have to take into consideration is CBD companies are on the tail end of the MJ companies in relation to the banking issues and the legalities on the Federal level. Hopefully the FDA can differentiate between the two and come up with separate means and measures in order to please the Senators and their constituents. I believe that CVSI And CWEB are going to weather the slow moving storm out because both are showing profits from internet sales and being sold in major brick and mortars who can accept cash and credit cards from the sales of CBD products. As I stated last week, there is a trend of monies going out of MJ companies, including those who have decided to go into the CBD arena because the Federal regulations on recreational Marijuana is going at a slower pace than expected. Here is a recent article on that trend to maybe substantiate my personal opinion you understand. Wolf

Cannabis companies are having a horrible summer as scandals mount and stocks slide
By Ciara Linnane
Published: July 25, 2019 5:10 p.m. ET

The cannabis sector has hit a summer slump, weighed down by a series of scandals, regulatory deadlock and a growing sense that the industry is not delivering the gold rush-like returns that some investors were expecting.

https://www.marketwatch.com/story/cannabis-companies-are-having-a-horrible-summer-as-scandals-mount-and-stocks-slide-2019-07-2

This next statement is why CVSI will be able to ride out the storm along with the continued growth and profits we are experiencing. Imo Wolf’s opinion.

The FDA has told companies that they cannot add CBD to food or beverages until it devises a set of rules, although it appears willing to tolerate it in topical products — as long as companies don’t make serious health claims.

Can you dig it bb? Better yet can you smoke it? Ahooooooo