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Tuesday, August 20, 2019 1:34:34 PM
Charlottes Web vs CV Sciences
The conclusion:
There's a lot to like about Charlotte's Web, but its current price is so high right now that the stock is a little too risky. Although the CBD industry could grow to more than $20 billion annually in a few years, there are already heaps of manufacturers jostling for top spots currently held by Charlotte's Web and CV Sciences.
While Charlotte's Web has a popular brand now, investors need that brand to remain on top for a long time if they're going to see a return on their investment. Shares of CV Sciences, at a more reasonable valuation of just 6.1 times trailing sales, have a better chance to provide a market-beating return. That makes it a better CBD stock to buy right now.
A fool and his money is a friend indeed.
Recent CVSI News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 01:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:36:49 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:21:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 01:32:15 PM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM