OTCQX:PHVAF - Post by User
Comment by
EasyRider44on Oct 11, 2018 8:46pm
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Post# 28785410
RE:RE:RE:Sky is falling
RE:RE:RE:Sky is fallingVida’s in house supply will come from weedMD through their joint venture CanBev Inc. and with weedMD’s licenses they will be able to sell marijuana or hemp THC or CBD infused not just the hemp extract you were complaining about before. And even with oct 17 beverages/edibles won’t be legal until spring 2019 earliest so there is no need to rush any news. CanBev Inc could become bigger than vida. And Vida is CanBev Inc. hope it’s dips a little lower in the short term to scoop
some with cash on hand but wouldn’t be surprised if went up fast at any moment. We are still very early and vida is executing for the future.
ButthurtBasher wrote: I have a feeling a new 52wk low is approaching, they can pump their ticker in any CBD news article out there, but at the end of the day, the market is leaning towards EBITA, after millions of dollars were swept from retail hands on the last pullback. People are getting smarter, and investing with companies who have strong EBITA, assets, IP, Patented processes, in house supply chain, sole retail distribution outlets. Too many middle men, here, as soon as one supplier says "no, you have to wait" Phivida's reputation as a supplier/vendor will go to the sheiter, it's reality.
They need to ramp up their own production, fast, or they're going to fall behind the pack. One year ago, there were barely any CBD focused companies, just a few. Now every big dog, top 5-10 LP's are ramping up scale/production for CBD dervatives, within months they'll be giants in comparison, with distribution already in place. Phivia's best hope, is a buy-out, the longs will tell you that's their plan, though...
VIDALONG! in the tooth...................................
Gription wrote: This is dropping even faster than we anticipated. Apparently the lack of value has become obvious.