Charlotte's Web Holdings Inc (CWBHF): I really look forward to that as well. I...

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Re: Gladys Thong post# 15476

Friday, 08/07/2020 8:48:03 AM

Friday, August 07, 2020 8:48:03 AM

I really look forward to that as well. I should definitely revise my 27% thesis now that CVSI reported so low.

It's now possible that the quarterly revenue from CW's ABAHF products, by themselves, may have just surpassed CVSI's quarterly revenue. ABAHF had $4.1mil in Q1, which isn't very far from CVSI's $5.4mil for Q2.

ABAHF was a hell of an acquisition for CWBHF. For pretty much the exact same price as CVSI's current market cap, $65mil+, ABAHF came with more than twice the current cash of CVSI, more than twice the retail locations of CVSI, a NFL super bowl champ, intellectual property, FDA registered OTC drug products, and now we can also say similar revs to CVSI.

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