YCBD - cbdMD, Inc.

NYSE American - Nasdaq Real Time Price. Currency in USD
4.7100
+0.0100 (+0.21%)
At close: 3:59PM EDT
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Previous Close4.7000
Open4.7400
Bid4.6700 x 800
Ask4.7100 x 1000
Day's Range4.6150 - 5.0500
52 Week Range2.5400 - 8.4800
Volume352,855
Avg. Volume201,248
Market Cap130.275M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-2.3010
Earnings DateAug 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.50
Trade prices are not sourced from all markets
  • Why the Vaping Crisis Might Benefit CBD-infused New Age Beverages Stock
    InvestorPlace

    Why the Vaping Crisis Might Benefit CBD-infused New Age Beverages Stock

    Although not a pure cannabis play, New Age Beverages (NASDAQ:NBEV) has had to deal with the same volatility. Since January's opening price, NBEV stock has dropped a staggering 37%. However, the downfall isn't due to a lack of trying.Source: Shutterstock Early this year, NBEV announced an addition to its Marley-branded beverages called Marley+CBD. Infused with cannabidiol or CBD, the cannabis compound brought a therapeutic element to the artisanal beverage series. Plus, the positive notoriety associated with CBD gave New Age Beverages stock a nice lift following the announcement.This past summer, New Age CEO Brent Willis showcased the company's Nhanced CBD line of oils, creams and lotions. Launched in Hong Kong, NBEV intends to expand into Japan and China next.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnfortunately, NBEV stock peaked in early February. From then on, save for some smatterings of good news, it's been all downhill for shares.That said, New Age Beverages stock appears to have found a bottom around the psychologically significant $3 level. Granted, most conservative investors should ignore this technical phenomenon. But for the speculators among you, NBEV might be an interesting play.In a strange way, I say this because of the current vaping crisis. Federal health agencies are investigating a recent spike of acute lung illnesses which they believe are associated with vaping. However, evidence suggests that illicitly sourced THC-infused vaping liquids are the real culprit. * 10 Battered Tech Stocks to Buy Now In the context of companies like Cronos Group (NASDAQ:CRON), the vaping crisis is a distraction. For the time being, it's probably kept NBEV stock in check, too. But in the long run, this issue may benefit New Age Beverages. Here's why: A Platform Crisis Will Give Way to CuriosityOne of the challenges of cannabis-based companies is overcoming the stigma associated with the plant. Typically, the term "cannabis" conjures up images of stoners smoking, or in this case vaping a joint.As my InvestorPlace colleague Will Ashworth noted, vaping or smoking products will always be a tough sell, irrespective of alleged health benefits. But products like beverages, oils and creams? That is a much more palatable situation, one that clearly favors New Age Beverages stock.Recently, I had a chance to sit down with corporate representatives John Weston and Paul Dibrito of cbdMD (NYSEAMERICAN:YCBD). During our conversation, we discussed the wide-ranging product diversity of the CBD and hemp space. For instance, cbdMD features ample ways to enjoy hemp-based therapies beyond vaping. They also have a pet product division called Paw CBD.What does this have to do with NBEV stock and the vaping crisis? No matter what's going on right now, an increasing number of people are interested in CBD for therapeutic use. Sure, the vaping platform might take a hit (no pun intended) from the present crisis. But the core substance itself has substantial support.Therefore, it's much easier to evangelize the benefits of hemp-based products to your family and friends when using socially appropriate platforms. You might not be able to roll a fatty for grandma, no matter how much she complains of pain. But a capsule or a refreshing beverage? That's much easier to swallow (pun intended).Plus, not everyone is healthy enough to smoke or vape. For instance, more than 25 million Americans have asthma. Vaping might not be the best choice for them. But a CBD-infused beverage, as far as I'm aware, is consumable by nearly everyone. NBEV Stock and Long-Term AmbitionsInterestingly, NBEV CEO Willis was formerly a Coca-Cola (NYSE:KO) and Anheuser Busch Inbev (NYSE:BUD) executive. As you might imagine, he's now a strong advocate of legal cannabis.But Willis' push to drive into Asia strikes me as extremely ambitious. When he mentioned Japan, I rolled my eyes. This is the country that arrested and deported former Beatle Paul McCartney. * 7 Momentum Stocks to Buy On the Dip Moreover, when Canada legalized recreational marijuana, the Japanese government issued a stern warning to its citizens living abroad: don't touch the stuff or risk severe penalties.In my opinion, this was an empty threat. However, it does demonstrate Japanese society's highly conservative viewpoint toward the cannabis plant.Naturally, this is an uphill battle for New Age Beverages and NBEV stock. At the same time, if you're going to break into Asia, doing so with CBD-infused beverages probably gives you the best chance of success.But as I said earlier, that sentiment should apply to almost anyone. New Age Beverages stock is incredibly risky. Due to its palatable platform, though, it might have an outside chance of delivering the goods.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Why the Vaping Crisis Might Benefit CBD-infused New Age Beverages Stock appeared first on InvestorPlace.

  • Benzinga

    Everyday CBD: Is CBD The New Day High?

    Americans are more on board with marijuana use than they’ve ever been, and states are legalizing the drug at an increasing rate thanks in large part to voter-driven initiatives. Since 2007, daily marijuana use has increased across multiple demographics, but especially young people.

  • Newsfile

    cbdMD Sales Growing, Key Influencers Continue to Bring the Product Mainstream-- CFN Media

    Seattle, Washington--(Newsfile Corp. - September 17, 2019) -  CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering cbdMD, Inc. (NYSE American: YCBD), its celebrity endorsements, and impressive sales numbers.CBD, or cannabidiol, has moved into the mainstream, a normalization process that has been supported by several regulatory and legislative events. The framework may be on the government side, ...

  • Benzinga

    A Cannabis ETF Looking For Redemption

    Cannabis stocks and exchange traded funds endured a summer of woe. The actively managed AdvisorShares Pure Cannabis ETF (NYSE: YOLO ) is saddled with a third-quarter loss of 18.55%, but the fund's manager, ...

  • PR Newswire

    cbdMD, Inc. Deepens Commitment to Charitable Organizations

    cbdMD will partner with three additional charity organizations in the month of September CHARLOTTE, N.C. , Sept. 6, 2019 /PRNewswire/ -- cbdMD, Inc., a nationally recognized consumer cannabidiol (CBD) ...

  • cbdMD: A Star-Studded Company of Firsts-- CFN Media
    Newsfile

    cbdMD: A Star-Studded Company of Firsts-- CFN Media

    Seattle, Washington--(Newsfile Corp. - September 5, 2019) -  CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article covering cbdMD, Inc. (NYSE American: YCBD) and its unique position in the cbd market.In a dynamic landscape, the CBD industry is booming and all players are looking for an edge to get a piece of the "green rush." The federal legalization of ...

  • Business Wire

    cbdMD, Inc. Achieves Further Recognition With Addition To The Cannabis ETF (NYSE: THCX)

    cbdMD, Inc., a nationally recognized, hemp derived, consumer cannabidiol (CBD) brand (NYSE American: YCBD), announced today that it has been added to The Cannabis ETF (NYSE:THCX) (“THCX”), which trades on the New York Stock Exchange. THCX seeks to track the Innovation Labs Cannabis Index, which is a portfolio of 36 stocks expected to benefit from growth of the legal marijuana, CBD and hemp industries. “Being a company of firsts, in a disruptive industry, it is rewarding to be validated by the investment community.

  • ETF Trends

    Cannabis ETFs Struggle, But One Manager Still Sees Opportunity

    Marijuana stocks and the related ETFs have recently been taken to task. YOLO seeks long-term capital appreciation by investing in both domestic and foreign cannabis equity securities. YOLO is designed to fully-invest for pure cannabis exposure under the guidance of a deeply experienced portfolio management team navigating the emerging cannabis marketplace.

  • Benzinga

    Craft 1861 Partners With World Boxing Council To Work On Research, Product Line

    Hemp-derived CBD products manufacturer Craft 1861 said on Thursday it has established a venture with the World Boxing Council. The venture will include research to develop a CBD wellness protocol for ringside trainers and medical personnel.

  • cbdMD Announces Official CBD Partnership with Reigning UFC Heavyweight World Champion Daniel "DC" Cormier
    PR Newswire

    cbdMD Announces Official CBD Partnership with Reigning UFC Heavyweight World Champion Daniel "DC" Cormier

    CHARLOTTE, N.C., Aug. 15, 2019 /PRNewswire/ -- cbdMD, Inc. a nationally recognized consumer cannabidiol (CBD) brand (NYSE American: YCBD), has just announced that the reigning UFC heavyweight world champion, Daniel "DC" Cormier, has officially partnered with Team cbdMD. Cormier will defend his heavyweight title on August 17 against Stipe Miocic at UFC 241. Cormier, a former Olympian, is the first UFC fighter to hold the lightweight championship and heavyweight championship belts simultaneously.

  • Benzinga

    'We Are Pursuing Every Opportunity Available To Us': cbdMD Posts 42% Sequential Net Sales Increase In Q3

    CBD oil maker cbdMD Inc (NYSE: YCBD) reported third-quarter net sales of more than $8 million on Wednesday — a 42% quarter-over-quarter increase. On May 1, Level Brands Inc. changed its name and New York Stock Exchange ticker symbol from "LEVB" to its current listing, becoming the first company in the CBD space to list on the U.S. stock exchange. Another $2 million in losses were chalked up a non-cash charge related to stock option expenses.

  • Business Wire

    cbdMD Reports Q3 Net Sales Increase 42% Sequentially to Over $8 Million

    Company Provides Guidance of $24M-$26M in Net Sales for Fiscal Year Ending September 2019

  • PR Newswire

    The Cannabis ETF (THCX) Rebalance Further Diversifies Portfolio

    THCX Adds Companies Focused on CBD, Ancillary Services and Canadian Retail Market NEW YORK , Aug. 13, 2019 /PRNewswire/ -- Innovation Shares, a provider of thematic ETFs, announced it has completed the ...

  • cbdMD Announces Partnership with Ultra Sport Europe in the U.K. and Ireland
    PR Newswire

    cbdMD Announces Partnership with Ultra Sport Europe in the U.K. and Ireland

    CHARLOTTE, N.C., Aug. 13, 2019 /PRNewswire/ --  cbdMD, Inc., a nationally recognized consumer cannabidiol (CBD) brand (NYSE American: YCBD), has announced its comprehensive partnership with European-based distribution company, Ultra Sport EU. Taking the highest-quality hemp, combined with the industry's most sophisticated manufacturing techniques, is what ensures all cbdMD products are of the absolute highest quality.

  • PR Newswire

    cbdMD Celebrates "National CBD Day" as Official Founder

    cbdMD celebrates the second year of National CBD Day as the official founder of the national day. CHARLOTTE, N.C. , Aug. 09, 2019 /PRNewswire-PRWeb/ -- cbdMD, Inc., a nationally recognized consumer cannabidiol ...

  • cbdMD Celebrates National CBD Day as Official Founder
    PR Newswire

    cbdMD Celebrates National CBD Day as Official Founder

    cbdMD celebrates the second year of National CBD Day as the official founder of the national day CHARLOTTE, N.C. , Aug. 8, 2019 /PRNewswire/ -- cbdMD, Inc., a nationally recognized consumer cannabidiol ...

  • Business Wire

    cbdMD, Inc. to Host Conference Call to Discuss Third Quarter 2019 Results

    cbdMD, Inc. , a nationally recognized consumer cannabidiol brand, announced today that it will host a conference call at 4:15 p.m., Eastern Time, on Wednesday, August 14, 2019, to discuss the company’s third quarter of fiscal year 2019 financial results and business progress.

  • PR Newswire

    Team cbdMD Athletes Take Home Six Medals at the 2019 X Games Minneapolis

    Team cbdMD Athletes Jarryd McNeil, Josh Sheehan, Ryan "R-Willy" Williams, and Garrett Reynolds see success at 2019 X Games CHARLOTTE, N.C. , Aug. 5, 2019 /PRNewswire/ -- cbdMD, Inc., a nationally ...

  • PR Newswire

    Team cbdMD Athletes Prepare for 2019 X Games Minneapolis

    Team cbdMD Athletes Vicki Golden, Zion Wright, Jarryd McNeil, Josh Sheehan, Ryan Williams, Kurtis Downs, Garrett Reynolds, Beaver Fleming, and Ryan Sheckler to compete in the 2019 X Games from August 1-4. ...

  • Benzinga

    Ex-NFL Player Steve Smith Sr. Calls Partnership With CbdMD 'A Family Affair'

    Consumer cannabidiol company cbdMD Inc (NYSE: YCBD ) announced Tuesday a new partnership with retired NFL players Steve Smith, Sr. and Jonathan Stewart. What Happened Smith and Stewart played together ...

  • Retired NFL Athletes, Steve Smith, Sr. and Johnathan Stewart, Partner with cbdMD
    PR Newswire

    Retired NFL Athletes, Steve Smith, Sr. and Johnathan Stewart, Partner with cbdMD

    CHARLOTTE, N.C., July 30, 2019 /PRNewswire/ -- cbdMD, Inc., a nationally recognized consumer cannabidiol (CBD) brand (NYSE American: YCBD), has just landed two major free-agent signings that will see former Carolina Panthers teammates Steve Smith, Sr. and Jonathan Stewart reunited on Team cbdMD. Smith, Sr. played for Carolina for 12 years, along with a brief stint in Baltimore, and will be inducted into the Panthers' Hall of Honors during the 2019 season.

  • PR Newswire

    cbdMD Named "Brand to Watch" by Brightfield Group Report

    In their most recent Market Report, Brightfield Group ranks cbdMD in the Top 10 Domestic CBD Companies in both the Topicals and Skincare/Beauty Categories. CHARLOTTE, N.C. , July 12, 2019 /PRNewswire/ ...

  • cbdMD Announces Official CBD Partnership with Olympic Athletes: Lolo Jones and Kerri Walsh Jennings
    PR Newswire

    cbdMD Announces Official CBD Partnership with Olympic Athletes: Lolo Jones and Kerri Walsh Jennings

    CHARLOTTE, N.C., July 10, 2019 /PRNewswire/ -- cbdMD, Inc., a nationally recognized consumer cannabidiol (CBD) brand (NYSE American: YCBD), has just announced that Olympians Lolo Jones and Kerri Walsh Jennings have officially joined Team cbdMD. American hurdler and bobsledder Lolo Jones, a three-time Olympian and three-time World Champion, is preparing for the 2020 Track and Field Olympic trials. Jones is a part of an elite group of athletes who have competed in both the Summer and Winter Olympic Games.