CBD.U retail expansion I'm thinking that HempFusion Wellness Inc. ( $CBD.U $CBD-U.T $CBDHF) might blow up in 2022 so I thought I'd share my DD on them with y'all. The company sells many supplements, some that contain CBD but also many that do not.
$CBD is one of the few that are fully prepared to get their CBD products into retailers once the FDA updates the CBD regulations.
Regulations are expected to change mid-2022 and given $CBD's preparation for this I'm thinking it will be a big catalyst for the company (which is currently trading at just $0.15).
All that being said, it is important to note that $CBD also sells non-cannabis, non-CBD products. Collectively their products are already available in ~18,000 locations in the US as well as in China, Mexico, Ireland, UK, UAE, South Korea, and Canada.
Additionally, they expect to acquire between 3K-4K new retail doors, with the focus remaining in the Food, Drug and Mass channel.
More info of their retail expansion here: https://www.businesswire.com/news/home/20211214005228/en/HempFusion-Launches-Project-OPTIMIZE-to-Drive-4-Million-of-Annual-Savings
MC is 24.531M