Statistics show that cbdMD inc. (YCBD) stocks have been steadily growing over the last week. They’ve increased by 11.06% in the previous few days. The stocks are growing at around +1.60% per day.
Over the last year, YCBD got 1.26% higher but lost -$0.53 per share.
With this new rise, cbdMD inc. has received a bullish score from stock consultants, which means that their stock value is expected to rise even more.
This company is one of the most famous CBD producers in the US. The products they offer are all-natural and based on CBD and other healthy ingredients.
YCBD’s cbdMD brand has an amazing line of pet products we reviewed. They offer a variety of oils, balms, and treats that are among the best on the market. Their CBD oil even entered our list of the absolute best CBD oils for dogs.
CBD products are on the rise and are expected to become even more prominent. CBD is one of the ingredients that is taking the world of the pet food industry by storm.
As the market for CBD products grows, the stocks are probably going to increase even more. So, if you’re interested in investing, you should follow how the situation with the stocks unfolds.