A Positive Turn for CV Sciences Inc (OTCMKTS:CVSI)

CV Sciences Inc (OTCMKTS:CVSI) has been pushing higher along with other stocks in the cannabis-related space in recent days as we near an expansion of the overall footprint of the industry in November. The Company just put out an in-depth shareholder communique that further reinforces the bull case around this name as well.

In all, we’ve witnessed over 20% added to share values of the listing over the past month of action. Market participants may want to pay attention to this stock. CVSI has a track record that includes a number of dramatic bounces. In addition, the company has registered increased average transaction volume recently, with the past month seeing above 450% over the long run average. It pays to take note of this fact with the stock trading on a float that is extremely small at just 9.17M shares. putting in play the potential for a mechanically driven price squeeze.

CV Sciences

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