Agreed. Other companies are going to keep improving their quality and reputation just like CVSI has done the past few years and it will be a herculean task for CVSI to get back up to $6+/-. It can - but it will need to start showing great growth again - otherwise, it's just another sales company in a space where the truly big players have yet to enter. And they WILL enter with their billions.
It's just not realistic at this point.
The initial, first-time euphoria over CBD potential/farm bill excitement ran this stock up. That run up won't happen again like it did in the past.
All CBD investors are going to be more wary going forward. You can never recreate that initial euphoric break out of an industry when people are just irresponsibly throwing money at stocks.
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