Replies to post #4008 on CV Sciences Inc (CVSI)

[Det_Robert_Thorne]

Wasn't talking about that other company

I was referring to the Stanley brothers, who sell their Charlotte's Web derived CBD oil for about $0.06/mg of CBD, and the California doctor highlighted in Time Magazine, who sells it at a small loss for $0.05/mg (but should probably sell it for $0.06 - $0.07/mg).

I've discussed this before in the following post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107740109

These two examples show the dramatically lower cost of CBD from the high-CBD (17% base level) strains like Charlotte's Web and R4 vs the 3% level of the raw oil from the "special" industrial hemp grown in Europe for CANV.

CANV is burning through its cash paying the contracts for hemp from Europe and setting up its own marketing and sales operation, and won't have the cash to set up multiple grow operations to make the switch to high CBD marijuana strains.