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Saturday, October 12, 2024 6:10:41 PM
🤥 Pinocchio 🤥Said;
GE_Jim
Re: None
Saturday, 10/12/2024 1:15:37 PM
CVSI I don’t believe make it’s own product, they buy it from another supplier and package it. So, the question becomes one of they have no way to protect the price point, which brings me to what the price escalations are year over year to this company?[/quote]
https://www.sec.gov/ix?doc=/Archives/edgar/data/1510964/000095017024058981/cvsi-20240513.htm
Joseph Dowling Said;
. "In addition, we are planning to in-source the manufacturing of select +PlusCBD™ branded products providing an opportunity for meaningful cost savings. During 2023, sales of softgels and tinctures combined represented approximately 50% of our total business. The ability of Elevated Softgels to provide low-MOQ production runs, allows us to provide flexibility, and cost-efficient service to our clients and to our internal production needs."
https://ir.cvsciences.com/press-releases/detail/224/cv-sciences-inc-acquires-elevated-softgels-a-flexible

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