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Thursday, 04/11/2019 8:13:04 AM

Thursday, April 11, 2019 8:13:04 AM

Post# of 22015
9. Charlotte's Web is a name to know
Lastly, you won't find too many CBD pure-play stocks, but the one you'll want to know (since it's the largest hemp-derived CBD manufacturer by market share) is Charlotte's Web Holdings (NASDAQOTH:CWBHF).

Prior to the passage of the farm bill, Charlotte's Web had its CBD products in 3,680 retailers across the country. But with hemp-derived CBD now legal in all states, it's expected to have an easier path to new retail doors.

Furthermore, Charlotte's Web is one of a very small number of pot stocks that have actually been profitable on an operating basis (i.e., without a number of one-time benefits and fair-value adjustments boosting results). The company has been generating high-margin sales with reasonably low costs for two years, and investors would struggle to find a more consistently profitable pot stock.

If you're looking to dive headfirst into the CBD craze, then Charlotte's Web is a great place to begin your research.

https://www.fool.com/investing/2019/04/07/9-things-you-must-know-about-cbd-before-investing.aspx
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