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Friday, July 31, 2020 2:24:51 AM
the pivot into the ShwangaLanga[ShuangHuangLian] market
A "SHINY OBJECT" for CV Sciences shareholders to distract from the upcoming Q2 earnings report?
How low can the CVSI/CWBHF revenue ratio go? The trend shows a steady and steep decline heading into Q2 2020:
REVENUES
CVSI CWBHF CVSI/CWBHF
$M $M
2018
Q2 12.3 17.2 72%
Q3 13.6 17.7 77%
Q4 14.2 21.5 66%
2019
Q1 14.9 21.7 69%
Q2 16.9 25.0 68%
Q3 12.6 25.1 50%
Q4 9.4 22.8 41%
2020
Q1 8.3 21.5 39%
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