Hey 'blissed out'. I hope I can call myself that once I make my first million on this stock! Ha.
CVSI focuses mainly on CBD oil, and they are #1 in that market. They also make CBD oil infused gummie bears that have just come out and are fast becoming a hot commodity. I think they have a nutrition bar too. It's my understanding that they have a parent company in Europe that grows their hemp strains and ships to them in California.
Their secondary activities include research on making a CBD oil vape product that can be used as a smoking cessation. The patent on it is still pending and they are just barely into that research.
As for financials . . . you might want to ask someone like MJCowboy about that. He's very knowledgeable.
The positives are: They are the only CBD company that is DEBT FREE and has a bunch of cash. Investors are excited about CVSI because the next Quarterly Report comes out in a few weeks and looks to show many millions in profit. They have grown tremendously in the last 8 months. Other factors will be the Farm Bill and uplisting to NASDAQ in the works.
I got in at .52 cents a share and now look at it today. Getting close to breaking $6.00. To ME . . . this is a great investment opportunity. The most solvent company of all! I believe all the rest are deep in debt and continuing to dig toward that down direction, especially Tilray.
You might look into this stock.
Mike
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