cbdMD, Inc. (YCBD)
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]
Full Company ProfileFinancial 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 StatementsAnalyst Forecast
According to one analyst, the rating for YCBD stock is "Strong Buy" and the 12-month stock price forecast is $3.0.
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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 ...
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...
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...
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...
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, ...
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...
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...
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...
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...
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...
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...
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.
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...