InvestorsHub Logo

MartyTamreau

02/23/17 8:31 AM

#9373 RE: lloyd Banks #9369

Lloyd:
I understand what you're saying, and heck, I'm hoping CVSI gets wrapped up in the frenzy! :) However, I am commenting on the extent of the frenzy. Because there is still uncertainty in the MJ space, and CVSI is still inaccurately wrapped up in that space, it is held back. I consider a "frenzy", when stock price appreciation way out of proportion to the company fundamentals and/or the MJ "vibe." For selfish reasons, I'd like the frenzy to occur, but I think that rate of increase will be less than we saw with the big spike a few years ago. The company has been relatively stealth about their progress, and I will trust that they are doing it for good reason. IMO they are the number one CBD company, and CBD will be much less susceptible to murky laws (not completely but mostly) or the Jeff Sessions era. When the pharma side truly launches (with an FDA filing of an IND), presumably in the next quarter or two, the cloak of invisibility will be cast off, and then the combo of product development in an indication with public health implications (smokeless tobacco) and the burgeoning commercial growth (over 1000 stores) will underscore the story. This year will be a very nice ride. While I'm annoyed at the current stock price, because IMO we are severely undervalued, we will have a nice run in 2017. And Lloyd, I hope it's a damn frenzy!! All the best. MT