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Saturday, March 29, 2014 5:27:24 AM
Would you two please let me know your thoughts on what a reasonable stock price would be for CANV? CBD oil is expensive and they are making tons of it. Their latest report management believes they will be cash flow positive in 2015. Seems realistic.
LAS VEGAS, Feb. 5, 2014 (GLOBE NEWSWIRE) -- CannaVest Corp. (CANV), the world's leading cannabis-based investment company spearheading the development of cannabidiol (CBD)-rich hemp oils and other industry-related products and services, is pleased to announce that its subsidiary, PhytoSPHERE Systems, has increased its industrial hemp oil production over 1500% for the 2014 season. The company has also increased its production capabilities to concentrate these hemp oils into high value CBD-rich hemp oils, from the rate of several kilograms per batch production cycle in 2013 to over twenty tons per batch production cycle for 2014.
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