40 unchanged sentences
As a result of the variability of these and other factors, our operating results in future quarters may be below the expectations of our stockholders.
−Removed: We are subject to the reporting requirements of U.S.
−Removed: federal securities laws, which can be expensive.
+Added: We are subject to the reporting requirements of US federal securities laws, which can be expensive.
We will be subject to the information and reporting requirements of the Exchange Act and other federal securities laws, including compliance with the Sarbanes-Oxley Act.
109 unchanged sentences
The loss of one or more members of our management team or other key employees or consultants could materially harm our business, financial condition, results of operations and prospects.
−Removed: Although the Company’s current management team has extensive business background, their experience is in industries unrelated to our business.
−Removed: Management relies heavily on the experience of its employees, most notably its President who has extensive experience in CBD products.
We face competition for personnel and consultants from other companies, universities, public and private research institutions, government entities and other organizations.
119 unchanged sentences
Failure by the Company to comply with the evolving regulatory framework in any jurisdiction could have a material adverse effect on the Company’s business, financial condition and results of operations.
−Removed: The market for CBD products is highly competitive.
+Added: The market for health and wellness products is highly competitive.
If we are unable to compete effectively in the market, our business and operating results could be materially and adversely affected.
1 unchanged sentence
There are numerous competitors in the industry, some of whom are more well-established with longer operating histories and greater financial resources than the Company.
−Removed: We expect competition in the CBD industry to continue to intensify following the recent passage of the Farm Bill.
+Added: We expect competition continue to intensify following the recent passage of the Farm Bill.
We believe the Company will be able to compete effectively because of the quality of our products and customer service.
1 unchanged sentence
Increased competition may also drive the prices of our products down, which may have a material adverse effect on our results of operations in future periods.
−Removed: Given the rapid changes affecting the global, national and regional economies generally, and the CBD industry specifically, the Company may experience difficulties in establishing and maintaining a competitive advantage in the marketplace.
+Added: Given the rapid changes affecting the global, national and regional economies generally, the Company may experience difficulties in establishing and maintaining a competitive advantage in the marketplace.
The Company’s success will depend on our ability to keep pace with any changes in such markets, especially legal and regulatory changes.
1 unchanged sentence
Any failure to anticipate or respond adequately to such changes could have a material adverse effect on the Company’s business, financial condition and results of operations.
−Removed: The Company may experience difficulty opening or maintaining bank accounts.
−Removed: It is possible that financial institutions may refuse to open bank accounts for the deposit of funds from our business, as some of our products are involved with the hemp industry.
−Removed: The inability to open bank accounts with certain institutions could materially and adversely affect our business.
Unresolved Staff Comments
−Removed: Our executive office and main manufacturing warehouse are located at 1710 Whitney Mesa Drive, Henderson, NV 89014 under a one-year lease.
−Removed: The Company has a second manufacturing facility at 4986 Morrison Rd Denver, CO 80219 under a one-year lease.
−Removed: We have recently signed a three-year lease for a facility located at 15000 S.
−Removed: Avalon Blvd., Gardena, CA 90248.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.