Really shows how people can look at the same event and numbers, listen to the conference call, and see 2 very different companies coming out of it.
Some, like you, see junk now. Some, like me, see the same great company expanding their retail footprint and positioning for explosive revenue growth when the FDA issues a legal framework.
the article was a misleading, it said the average target over the last year was $7. THe current average among analysts I believe is just a touch over $4 now.
I'd buy it's a pump if it was a single firm, but 5 I believe is legit.
$7.00 would be great but seems unrealistic until the company proves it can get back on track (it may never).
Stop the pesimistic BS. Current stores 6,000. TAM once the FDA guidance comes out. 200,000 stores and partnerships. PlusCBD UK just got online with 67M people. Very few companies will make it to the FDMs. PlusCBD just works and there is a faithfull custumer base like myself and all my family. E-commerce is growing at a 24% QoQ click. Japan, NZ and Australia are selling PlusCBD. We are no amateurs. Tough times and that's all. Like any other business. Look around. Some are more insulated than others but CVSI is moving forward when the regulations are in place.
So stop the BS.
$7 seems very high on it's own but if we manage to uplist, then is possible.
What happens if the FDA does what they are supposed to, and we get to 12-20K FDM stores with full portafolio capabilities in the next couple of quarters???
The USDA regs are out, the FDA must follow.
What happens to the stock price if we get to the Nasdaq too???
How many companies have the doors open to the FDM.???? 80,000 stores as per cweb CEO DE.
Long CVSI.
Tough times is nothing for the disciplined and determined like me and CVSI. Success is built in tough times.
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