Replies to post #61658 on CV Sciences Inc (CVSI)

[ap17]

Exactly!! Agreed!! aggressive marketing is the ticket and if that means price reduction...so be it.

[chilling]

Is there going to be a big payout to mona III like there was his dad?

[motorcity]

Re: pricing

I noticed the other day that the balm on the jar is much higher prices than competitors, but the roll on was a deal compared to others.

I don't know that there is a significant difference between them but the price is radically different. That struck me as odd.

On the droppers and pills price looked about in-line but maybe not.

[jefra1965]

Product seems to be over-priced
Consumer marketing seems to be weak
Branding seems to be weak
Sales are tanking because they are losing touch with the consumer buying habits around CBD.

When a POS company sells trash in an unregulated market, they can always undercut the competition.

I find the prices for CVSI products just fine. They could be adjusted for sure but here is the possible scenario:

CVSI X product: $60.00
POS X (similar).: $52.50 (Trash with lower costs or no CBD in it)

Then CVSI reduces to $54.00 (-10%)
POS X recuded to $47.50.

Repeat and keep repeating.
_________________________________
POS X operation: Not sustainable and probably scare the customer away to never try CBD again.

CVSI : Just can't competed with unregulated operations. Sustainability will depend on expanded HQ retail chains. Reducing the numbers of companies to sell in the stores as is being negotiated.
Customer loyalty. Capture the sophisticate % of the market seeking HQ products that can solve their problems.

CVSI has enough cash for the net 12 months of operation.

It's doable but difficult unless the FDA steps in and fix it.

Will happen but he time frame is uncertain.