CV Sciences Inc (CVSI)

[jefra1965]

Guidance was already given for Q4 so only news from positive catalysts are pending, or NOT.
FDA is the KEY. The whole industry needs a break.

Another way to see the current situation is if there is a delay, everybody will suffer. Most will go down. CVSI is already down with Q4 guidance out, an established market that helps somehow, E-Commerce growing, new strores with full portfolio, Some cash, hemp crops are not selling, Inventories are growing. CVSI is in a better position to ride the storm out than most companies.
A light asset and flexible business model comes in handy during times like this.

Just a pointer. CWEB E-Commerce grew 4% QoQ. CVSI E-Commerce grew 24% in comparison.
Now, CWEB E-Commerce is several times bigger. But growth is growth and it's a good sign at least.

Long CVSI