cbdMD, Inc. (YCBD)

NYSEAMERICAN: YCBD · IEX Real-Time Price · USD
1.04
+0.25 (31.66%)
Dec 29, 2023, 4:00 PM EST - Market closed
31.66%
Market Cap 3.08M
Revenue (ttm) 24.16M
Net Income (ttm) -26.94M
Shares Out 2.96M
EPS (ttm) -13.32
PE Ratio n/a
Forward PE 714.29
Dividend n/a
Ex-Dividend Date n/a
Volume 41,147,649
Open 1.28
Previous Close 0.79
Day's Range 1.03 - 1.73
52-Week Range 0.56 - 17.06
Beta 2.23
Analysts Strong Buy
Price Target 3.00 (+188.46%)
Earnings Date Feb 12, 2024

About YCBD

cbdMD, Inc. produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, hempMD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, drink mixes, and sleep, focus, and calming aids. The company also offers veterinarian-formulated products, including tinctures, chews, and topicals under the Paw CBD brand name; nootropic mushroom line under the ATRx brand; and hemp derived solutions under the hempMD brand. It distri... [Read more]

Sector Healthcare
Founded 2015
Employees 52
Stock Exchange NYSEAMERICAN
Ticker Symbol YCBD
Full Company Profile

Financial Performance

In 2023, cbdMD's revenue was $24.16 million, a decrease of -31.77% compared to the previous year's $35.40 million. Losses were -$26.94 million, -63.64% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for YCBD stock is "Strong Buy" and the 12-month stock price forecast is $3.0.

Price Target
$3.0
(188.46% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

cbdMD Reduces Year over Year Net Loss from Operations by $55.8 Million

Company Launches HempMD Products and Nutraceutical Brand ATRx with a new Functional Mushroom Product to Expand Growth Opportunities and Markets Charlotte, North Carolina--(Newsfile Corp. - December 22...

9 days ago - Newsfile Corp

cbdMD, Inc. to Host Conference Call to Discuss September 30, 2023 Fourth Quarter and Fiscal Year 2023 Results

Charlotte, North Carolina--(Newsfile Corp. - December 20, 2023) -  cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA), one of the nation's leading, highly trusted and widely recognized CBD com...

11 days ago - Newsfile Corp

cbdMD Wins Awards in Two Categories at Prestigious Best in Biz Awards

Charlotte, North Carolina--(Newsfile Corp. - December 14, 2023) - cbdMD (NYSE American: YCBD), a frontrunner in the health and wellness CBD industry, is thrilled to announce that it has been named a b...

17 days ago - Newsfile Corp

cbdMD Announces Cancellation of Special Meeting

Charlotte, North Carolina--(Newsfile Corp. - October 25, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) announced that it will not proceed with the vote scheduled for October 26, 2...

2 months ago - Newsfile Corp

cbdMD Announces Historic Partnership with FIFA-Affiliated Costa Rican Soccer Team

Charlotte, North Carolina--(Newsfile Corp. - October 5, 2023) -  cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), one of the nation's leading providers of premium cannabidio...

3 months ago - Newsfile Corp

cbdMD Announces Adjournment of Special Meeting

Scheduled to Reconvene 26, October 2023, 1:00 p.m. (Eastern Time) Charlotte, North Carolina--(Newsfile Corp. - September 22, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) announce...

3 months ago - Newsfile Corp

Breaking Barriers: cbdMD's Research Validates Safe CBD Upper Dose

Charlotte, North Carolina--(Newsfile Corp. - September 22, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), one of the nation's leading providers of premium cannabid...

3 months ago - Newsfile Corp

Paw CBD Wins 2023 'Dog Hip & Joint Product of the Year' Pet Innovation Award

Charlotte, North Carolina--(Newsfile Corp. - August 25, 2023) - The Pet Innovation Awards has announced that cbdMD, Inc. (NYSE American: YCBD), a highly trusted and recognized cannabidiol (CBD) brand,...

4 months ago - Newsfile Corp

cbdMD, Inc. Suspends Monthly Dividend Payment on Its Series A Cumulative Convertible Preferred Stock

Charlotte, North Carolina--(Newsfile Corp. - August 22, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA) today announced that its Board of Directors has suspended the monthly cash div...

4 months ago - Newsfile Corp

cbdMD Responds to Congressional Request for Information (RFI) on Regulation of CBD Products

Washington, D.C.--(Newsfile Corp. - August 18, 2023) -  cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), one of the nation's leading providers of premium cannabidiol (CBD) p...

4 months ago - Newsfile Corp

cbdMD Demonstrates Strong Year-over-Year Performance, Significantly Reducing Net Loss by $30 Million

Charlotte, North Carolina--(Newsfile Corp. - August 10, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading and most highly trusted and recognized CBD compan...

5 months ago - Newsfile Corp

cbdMD, Inc. to Host Conference Call to Discuss Third Quarter of Fiscal 2023 Results

Charlotte, North Carolina--(Newsfile Corp. - August 7, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading, highly trusted and widely recognized CBD companie...

5 months ago - Newsfile Corp

cbdMD Releases Tropical Hemp-derived THC + CBD Gummy Line to Elevate Consumer Wellness

Charlotte, North Carolina--(Newsfile Corp. - August 3, 2023) - cbdMD (NYSE American: YCBD) (NYSE American: YCBD-PA), one of the nation's leading providers of premium cannabidiol (CBD) products, today ...

5 months ago - Newsfile Corp

cbdMD Announces Migration to E-Commerce Platform, Shopify

Charlotte, North Carolina--(Newsfile Corp. - June 29, 2023) - cbdMD (NYSE American: YCBD), one of the nation's leading providers of premium cannabidiol (CBD) products, today announced their e-commerce...

6 months ago - Newsfile Corp

cbdMD Announces Partnership with Medical Advisor, Dr. Lucille Vega

Charlotte, North Carolina--(Newsfile Corp. - June 22, 2023) - cbdMD (NYSE American: YCBD), one of the nation's leading providers of premium cannabidiol (CBD) products, is delighted to announce the app...

6 months ago - Newsfile Corp

cbdMD Stabilizes Revenue and Significantly Improves Operating Results

Company reduces annualized SG and A expenses $24 million year over year Charlotte, North Carolina--(Newsfile Corp. - May 15, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of t...

8 months ago - Newsfile Corp

cbdMD, Inc. to Host Conference Call to Discuss Second Quarter of Fiscal 2023 Results

Charlotte, North Carolina--(Newsfile Corp. - May 10, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA) one of the nation's leading, highly trusted and widely recognized CBD companies, ...

8 months ago - Newsfile Corp

cbdMD Announces Closing of $2.8 Million Underwritten Public Offering of Common Stock

Charlotte, North Carolina--(Newsfile Corp. - May 3, 2023) - cbdMD®, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading CBD companies, today announced the closing of its pr...

8 months ago - Newsfile Corp

cbdMD Announces Pricing of $2.8 Million Underwritten Public Offering of Common Stock

Charlotte, North Carolina--(Newsfile Corp. - April 30, 2023) - cbdMD®, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading CBD companies, today announced the pricing of its...

8 months ago - Newsfile Corp

cbdMD Announces Proposed Public Offering of Common Stock

Charlotte, North Carolina--(Newsfile Corp. - April 28, 2023) - cbdMD®, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading CBD companies, today announced it has commenced a...

8 months ago - Newsfile Corp

cbdMD's Clinical Study Supports Improved Mobility in Dogs

Results from the canine clinical study suggest that cbdMD's proprietary blend promotes mobility in dogs Charlotte, North Carolina--(Newsfile Corp. - April 18, 2023) - cbdMD®, Inc. (NYSE American: YCBD...

9 months ago - Newsfile Corp

cbdMD, Inc. Announces One-for-Forty Five Reverse Stock Split of Its Common Stock

Charlotte, North Carolina--(Newsfile Corp. - April 14, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA) , a leading provider of high-quality CBD products, announced today that its boa...

9 months ago - Newsfile Corp

cbdMD Expands its Reach to The United Kingdom with Launch on Amazon UK

cbdMD Enters the UK Market with Debut on Amazon UK, Offering High-Quality CBD Solutions for Wellness and Self-Care Charlotte, North Carolina--(Newsfile Corp. - April 12, 2023) - cbdMD, Inc. (NYSE Amer...

9 months ago - Newsfile Corp

cbdMD™ Makes History Becoming the First CBD Brand to Achieve 3 NSF's Certified for Sport® Certifications

CHARLOTTE, N.C.--(BUSINESS WIRE)---- $YCBD #NSF--New suite of products allows professionals from all walks of life to add CBD to their regimen without fear of failing a drug test for THC.

10 months ago - Business Wire

cbdMD to Present at NutraIngredients-USA's Sports and Active Nutrition Summit

Charlotte, North Carolina--(Newsfile Corp. - February 16, 2023) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading, highly trusted, and widely recognized CBD comp...

11 months ago - Newsfile Corp