An Intriguing Small-Cap Cannabis Stock to look at
*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed nor registered financial expert. Please see a financial advisor before making investment decisions.
For those looking to invest in profitable cannabis stocks, there is a small-cap CBD stock called cbdMD that has a PE of 35. At least it has a positive PE ratio. Let’s dive deeper and see if this company is worth scooping up.
All CBD is grown in the USA with some of the highest standards for its products in its industry.
And yes, cbdMD has plenty of real products for various needs and they aren’t in the business of growing cannabis, they’re in the business of using the cannabis inland turning it into products that aren’t commoditized.
And cbdMD has exposure to the growing veterinary CBD industry.
cbdMD has a history of revenue growth so far. If you calculate the QoQ revenue growth, it’s quite strong!
This chart shows that cbdMD makes most of its sales from its own website, making the company more profitable. But the company did mention how their goal for the year is to expand the wholesale & retail sales.
And if you want to bank on @stoolpresidente and @barstoolsports then cbdMD is one way of doing it as Dave Portnoy and Barstool Sports advertise their products on various platforms.
And some of the biggest names in sports partner with cbdMD! Click the link and learn more about this intriguing small-cap:
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