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Re: Smooth_Legend post# 66712

Monday, 05/18/2020 9:05:08 PM

Monday, May 18, 2020 9:05:08 PM

Post# of 83401
What's meant by this innuendo here? Do you really think that a reverse split is going to suddenly qualify CVSI for a major exchange, and hot institutional money is going to suddenly fund this company's fundamentals? You've heard the old adage "materials are everything". CVSI outsource their materials - what happens if crops fail, or supply prices rise, or more chains like Sephora want USA hemp? They outsource extraction - what happens if those costs rise? This stock lost 30% on year-end guidance, and a further 7% when they "beat" their very low Q1 guidance. Every cannabis company is saying Corona will hit retail badly in Q2, and online sales will be most important. But 24% represents a DECLINE from your LAST QUARTER online sales, meaning you aren't retaining your customers. To compare your market cap with the other guys is like a thrift shop comparing themselves to Prada. Where are your expanded revenue and profits going to come from? Cannibalizing more shares?