GREY:CBDHF - Post Discussion
Post by
StockHawk1 on Jan 05, 2022 6:16pm
Buy the $CBD low?
I'm feeling really good about one of my health company picks $CBD.u.
$CBD is a supplements company that has several portfolio companies. Their companies specialize in probiotics, CBD-based supplements, other cannabinoids, and cannabis-free supplements.
Recently their Co-Founder and CEO, Jason Mitchell did an interview where he discusses and the company's strategy to focus on CBD products while avoiding THC as well as using cannabinoids that go beyond just CBD.
Collectively $CBD's products are already available in ~18k locations in the US as well as in China, Mexico, Ireland, UK, UAE, South Korea, and Canada and the company is acquiring between 3K-4K new retail doors.The expansion is a big reason why I am feeling bullish.
With this expansion, $CBD is focusing on remaining in the Food, Drug and Mass channel.
Right now $CBD.u is trading at just $1.14/share closing about 3.45% down, so tomorrow could be a great time to invest in them on the cheap.
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