CV Sciences Inc (CVSI)

[Gladys Thong]

Put those "SHARES OUTSTANDING" in perspective.

Charlotte's Web, from IPO in 2018Q2 thru 2021Q2:

Quarterly Revenues grew from $17.2M to $24.2M
Shareholder Equity grew from $96.2M to $239.1M

CV Sciences, from 2018Q2 thru 2021Q2:

Quarterly Revenues fell from $12.3M to $5.1M
Shareholder Equity fell from $21.8M to $10.0M

As for stock DILUTION, CV Sciences' history is REMARKABLE, as noted in a well-documented (and previously-cited) article from August 2018:

CVSI's History of Dilutive Use of Stock:

An article "CV Sciences: Investors Should Watch These Risks" from August 2018 includes, among other issues, a description of the CVSI's long history, with timeline, of dilutive use of stock.

The company has been issuing shares left and right. Over the past six years, its share count has grown from just 7 million to 91 million!

Here's the graphic of the timeline:



NOTE: CVSI's shares outstanding have increased by nearly 20M since that 2018 chart was drawn while its revenues and shareholder equity have cratered.