Monday, February 10, 2020 1:12:58 PM
But the industry disruptor was not the company's management, it was the Farm bill bringing in a glut of bad actors with no FDA coordination. Obviously what happened in 2019 was not the intention of the farm bill. The ball was dropped and the entire market suffered.
CW is the industry leader, whether we agree that's proper or not they are the biggest cheese in the space. They're down 75%. CVSI could have made every right decision and maybe we'd be down 65% instead of 85%, but we'd still be down. And there's nothing they can do right now that will get that 85% back without govt intervention.
We're back to square one, CBD legality and NASDAQ uplist will be the catalysts. We had a false start with the farm bill. If we don't get there we'll all look really dumb for not selling at $6, if they do we should look pretty good.
Recent CVSI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:54:14 PM
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