CV Sciences Inc (CVSI)

[jefra1965]

46% gross margin in tough times is dangerous. It's a young company. It still has a lot to proof. I understand the company has an MJ/hemp strain. I would wait for the regulations to get implemented. Cannabis type III is industrial hemp (Ditch weed). The gross margin didn't improve to acceptable levels despite the huge increase in sales, but small compare to bigger players. Over glut of hemp crops make other small companies a strong competition. The whole industry is upside down right now.

Too dangerous. Look what's happening to the bigger companies and the big MJ companies are changing their strategy amid stagnation.

How is the cash flow???

How did they achieve that growth in sales?? The gross margin tells the story.