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Re: vhgier post# 61169

Friday, 11/15/2019 8:43:33 AM

Friday, November 15, 2019 8:43:33 AM

Post# of 82980
I'm not sure what you mean by "choked." You identified what looks like another legitimate competitor (along with Charlotte's Web). Choking implies that CVSI blew it, struck out with the game on the line. Not the case. Competition exists. Does Veritas have self-affirmed GRAS? A drug product 2 quarters away from a clinical trial application (CTA)? I didn't see the Veritas cash position, but we are cash positive and don't need to raise funds even to complete the Phase I study of nicotine-CBD gum.

It looks like Veritas is copying the model for growth as CVSI and in some of the same retailers. Competition is fine.

Dowling, Tomc and MacKay have not choked. They are laser-focused in a tough market with a handful of legitimate competitors. The other 1000-2000 brands will fall off once regulations are made clear.

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