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ap17

04/01/20 9:56 PM

#65777 RE: mc73 #65773

Indeed!! They lost a ton and will continue to lose until 2023. That's their own forecast.

Chilling CW had a huge cash burn to maintain flat sales. imo this path is better.

chilling

04/01/20 11:37 PM

#65778 RE: mc73 #65773

The bleep mona still has stock options.

DarthYoda

04/02/20 10:36 AM

#65786 RE: mc73 #65773

As many times as you've repeated this idea, it has never been correct. CW spent cash on a new facility last year. That is not on money spent on sales.

Gladys Thong

04/02/20 11:53 AM

#65794 RE: mc73 #65773

Using Cash to Grow a company is GOOD.

That's what cash is for. It's called "INVESTING".

Your criticism of Charlotte's Web failed to mention how it has INVESTED its cash in contrast to CV Sciences:

1. Management systems and processes for operational excellence

2. Expansion of cultivation and production capacity to support the next phase of mass retail growth

3. Continuing infrastructure investments to position the Company to launch into the F/D/M channel once an appropriate regulatory framework is passed

4. The launch of CW Labs which is partnering with leading Universities and medical centers

Contrast with CV Sciences' dwindling cash position with nothing substantial to show for it -- well, maybe a happy Mona . . . or two.