Perhaps no one knows where it is going but it is a strong probability that Charlotte’s Web heading much higher by taking the facts into account. Those facts are they are the leading hemp producer in the US and they just doubled their 2018 production expectations. They have a superior product and have shown revenue growth every quarter while hemp and CBD were illegal federally. They have top tier marketing including a great website and a highly professional Twitter and Facebook presence. The hemp and CBD market is expected to grow exponentially and Charlotte’s Web is currently grabbing a 12% market share while sporting brand recognition. Company fundamentals are awesome and they sport a nice share structure. Finally, by their own accord they have been talking with Fortune 500 companies about partnerships. With that what major potential partner would not want to be a part of this company and the awesome story to how it came about. True, no one knows where it’s headed but there is a string probability that this company will be headed north!
1. Financials are exceptional with strong history of profitability 2. Hemp now legal in the USA and many other countries. 3. They have harvested 675,000 pounds of hemp in the 2018 harvest season. 4. Their product has been proven to help children with severe epilepsy. 5. As branding goes, Charlotte’s web is the market leader. 6. CBD is poised to take off as a health and wellness supplement.
I apologize on my own and others behalf with speculative hopes for where the stock might be in 6 months to a year, but its hard to not get excited about such a dynamic leader in the cbd space and how easy of an investment decision this is. I will try to refrain from anything in the future that is not purely factual and highly informative for your reading pleasure Mlady.
Funny how people project their insecurities and failures as factual uncertainties about companies and markets. Everybody knows where this is really going and it is mainly because of the dearth of information that is available online for all to see. That said, it's looking good so far.