There’s still plenty of money to be made from CBD – but these top CBD stocks to buy (and avoid) might surprise you…
Once the Farm Bill passed in 2018, CBD products of all shapes and sizes started appearing on retail shelves across the United States – from CVS to Dollar General – virtually overnight.
It seemed like everyone I talked to was singing CBD’s praises, myself included.
As an all-natural treatment for chronic pain…
As a way to reduce pet anxiety during thunderstorms…
As a way to recover after a tough workout…
Even as a Food and Drug Administration (FDA)-approved treatment for debilitating childhood epilepsy conditions…
That’s why I got involved with the CBD company HempFusion Wellness Inc. (OTC: CBDHF) as its Chief Corporate Officer.
Of course, when COVID-19 reared its head in 2020, many retail stores carrying CBD were forced to shut down, and consumer access to CBD products was stinted, along with demand.
As stock prices tumbled, the resulting impact on CBD companies was undeniable.
But make no mistake: demand for CBD is still very much on the rise.
Analytics firm New Frontier Data estimates that U.S. consumers spent $3.8 billion on CBD in 2020 and that it could reach as high as $5.6 billion in 2021.
Which means there’s still plenty of money to be made from this sector of the cannabis industry.
You just need to know which CBD stocks have the biggest moneymaking potential.
That’s what I’m here to show you today in the latest episode of our Buy or Sell series – because the best way to cash in on CBD might not be what you think.
Instead of buying pure-play CBD stocks, I know of a “backdoor” way you can invest in CBD and get way more bang for your buck.
Once you have my CBD stock picks in hand, make sure you check out last week’s Buy or Sell episode here that reveals the top cannabis ETFs to buy and avoid, along with this special broadcast of Buy This, Not That, which lays out all the stocks you should consider buying to protect your wealth and multiply your returns in today’s America – right down to the ticker symbols.
To your investing success,
Executive Director, National Institute for Cannabis Investors
One response to “Buy or Sell Episode 3: Forget Charlotte’s Web. This Stock Pick Allows You to Cash in on CBD With Way More Bang for Your Buck”
September 07 2021