RE:RE:Grizzle CBD Piece - Big PictureGarlicToast wrote: tenbaggers – Thanks for this link, this says it all, temporary setback, a few red down days will not hold this CWEB back. Holding CWEB is guarantee $$$$ in the bank … CBD Demand Per Person Could be 3x-10x Higher Than THC
THREE BEST WAYS TO INVEST IN CBD
Charlotte’s Web (CSE: CWEB)
Charlotte’s Web is North America’s largest CBD processor and seller, with a 14% market share in the US.
The company sells its products through 2,700 retail locations in legal states and online.
CWEB generated $40 million of revenue in 2017, expects to grow 100% in 2018 to $80 million and will be generating up to $170 million by 2019.
With a market cap of $1.6 billion, CWEB trades for 32x cashflow in 2019.
The stock is far from cheap but if CBD demand continues to spike and the company can keep doubling revenue, the multiple will hit 13x by 2020, a reasonable valuation.
This is the #1 stock on mj. market. And not many people have noticed it because US. OTC market will not start trading until Oct. 11. So buy as many as you can now. When Americans start buying in the US market, CWEB is going to the roof.