CBD Stocks

Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) Fails To Impress Markets

Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) released its quarterly results on Thursday, but the stock ended the day at the level at which it had started. It came as a surprising turn of events considering the fact that many cannabis stocks and the wider market recorded gains yesterday.

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The company, which is primarily focussed on the CBD space, posted revenues of $21.5 million in the fiscal first quarter. It was a disappointing performance for the company since it reflected a year on year decline from the $21.7 million it posted in Q1 2019. The revenues declined sequentially as well. … Read More

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CBD Stocks

MJNA – Medicinal Marijuana

Medicinal Marijuana Is on The Verge of Rebound

Medicinal Marijuana, Inc. (OTCPK:MJNA) shut today at $0.10, an ascent of 376% since the stock shut at $0.063 on Oct 14, 2016. With almost 2.95 Billion shares extraordinary, it now has a market capitalization of $667.8 Million, which in view of MJNA’s basics and fleeting prospects, is a few times too high, verging on the silly.

MJNA’s sharp ascent in the stock cost in the course of recent weeks is likely because of most recent recreational cannabis votes in California, Arizona, Maine, Massachusetts, and Nevada, these activities go into … Read More