Friday, November 22, 2019 1:45:52 PM
When a POS company sells trash in an unregulated market, they can always undercut the competition.
I find the prices for CVSI products just fine. They could be adjusted for sure but here is the possible scenario:
CVSI X product: $60.00
POS X (similar).: $52.50 (Trash with lower costs or no CBD in it)
Then CVSI reduces to $54.00 (-10%)
POS X recuded to $47.50.
Repeat and keep repeating.
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POS X operation: Not sustainable and probably scare the customer away to never try CBD again.
CVSI : Just can't competed with unregulated operations. Sustainability will depend on expanded HQ retail chains. Reducing the numbers of companies to sell in the stores as is being negotiated.
Customer loyalty. Capture the sophisticate % of the market seeking HQ products that can solve their problems.
CVSI has enough cash for the net 12 months of operation.
It's doable but difficult unless the FDA steps in and fix it.
Will happen but he time frame is uncertain.
Recent CVSI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:54:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 01:28:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 01:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:36:49 PM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM