|From: efbailey (Rep: 1753)||Date: 07/17/2018 20:48|
|Forum: Wall Street Pit - Msg #2743365 - List GWPH msgs ||Thread #674021917 (Rec: 0) |
|From GWPH's own website: Epidiolex is a liquid formulation of pure plant-derived Cannabidiol (CBD) as a treatment for various orphan pediatric epilepsy syndromes.|
Pure plant formulation meaning a non synthetic. Another company makes CBD concentrates from pure plant formulation, CVSI they are currently valued at $177 million, GWPH is valued at $4.12 billion.
Q1 sales for CVSI were $8.07 million, Q1 sales for GWPH were $3.35 million
Both companies sell a pure plant CBD concentrate that other than an FDA approval are very similar.
CVSI is a pink sheet but has stated they plan an uplisting in Q3 and they are already profitable and have stated they will reduce all debt with forward revenues. disclosure I am very long CVSI
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