Ash/kei check out CVSI. They are producing one of the best selling CBD oil - hemp based. Please take a look at their great balance sheet. They growth is amazing and profit margin is outstanding. They are finally Net positive with over $8mln sales last quarter.
Hemp legalization is right around the corner. Trump should have it on his desk within weeks now. This should bring great awareness to those products imo.
Indiana as of today requires special coding/labeling for CBD oil and CVSI is up to date with this standard. Their peoduct PlusCbd was just shown on news. Excellent exposure imo.
A week ago company issued pretty good letter to shareholders. Good summary to read.
Chart-wise.. pps has great pop in May on solid Q numbers and SEC case being settled. They just have nice healthy pullback and consolidation. MA50 is 1.39. It should create solid support here.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.