Replies to post #40687 on CV Sciences Inc (CVSI)

[BadKarmaKyle]

[quoteBloodbath for the entire sector. But CVSI holding strong!
][/quote]

Basic sector looks 90% green to me with the exception of CVSI and 1 or 2 others, yet CVSI down again for the umpteenth day in a row......

[BadKarmaKyle]

CVSI about to have competition from the largest market cap company in the sector. 15 billion with enough spare cash on hand to purchase CVSI;


https://seekingalpha.com/article/4233958-canopy-growth-enters-u-s-hemp-industry-bang?app=1&dr=1

Why would they spend 150 million on hemp rather then buy an already existing “alleged market leader”?

Perhaps because the new competition is listed on a real stock exchange yet CVSI can’t and won’t have its NASDAQ Application approved.