Replies to post #12143 on Charlotte's Web Holdings Inc (CWBHF)

[Gladys Thong]

Can you cite ANY objective authority that contradicts
the quote from Charlotte's Web's 19June2019 press release:

Charlotte's Web uses an inventory model whereby it grows more hemp than it needs for the subsequent year to minimize the impact of farming risks and product shortfalls against forecasted rapid market growth. Dried hemp can be stored for years, with even more longevity in its extracted form.

in particular, the emphasized statement that "Dried hemp can be stored for years, with even more longevity in its extracted form."?

If you can: DO.

If you cannot: How is your conditional ("IF") speculation regarding "a company" or "Many large growers" or "Some very large growers" relevant,specifically, to Charlotte's Web?

[Trulio_217]

Inventory turn is important. No doubt. And, sure, it could be a hard lesson learned if demand isn't there for CW products for a number of reasons. I think it is a position of strength, especially in this nascent market, to have inventory taken care of for the following year (partially or wholly) especially with proprietary seed. Counting on the availability of your main ingredient from third party sources is a big risk, especially where you might not only have to rely on third party farmers but also third party extracting services.

[DarthYoda]

This is not true at all. I don't know what your experience is with MJ, but if you have ever grown any cannabis, then you would know that cannabis doesn't even reach it's full potential until it has cured for several months. At that point you can do extraction, which leads to an even more stable product that can be kept for a very long time if ever necessary, which it never is, lol. Show me someone's two year old cannabis supply. Oil or flowers, you pick.

Furthermore, a "loss of potency" isn't an accurate way at all to describe the aging of cannabis products. Some cannabinoids become others(THC->CBN as an example), but none of them disappear, evaporate, or become weaker.

For some reason you are suddenly conflating the U.S. and Canadian markets as well as THC and CBD products. ACB still doesn't have hemp extract for sale in the U.S. and it is THC oils, not CBD oils, that are in surplus in Canada. There is and has been a shortage of CBD oil in Canada this year.

"Retailers struggle to keep CBD on shelves in Canada"
https://www.cbc.ca/news/canada/british-columbia/cbd-shortage-canada-retailers-struggle-1.5124222

"Canadian cannabis wholesalers report CBD shortage, while imports lag far behind":
https://mjbizdaily.com/cbd-imports-canada-fail-fill-supply-gap/

"CBD Shortage Plaguing Canadian Cannabis Market":
https://weedadvisor.com/2019/05/07/cbd-shortage-plaguing-canadian-cannabis-market/