HENDERSON, NV / ACCESSWIRE / October 31, 2018 / With the Cannabis sector in the middle of a small correction, it’s a good time to key in on CBD opportunities that look oversold. One we like a lot is Real Brands, Inc. (RLBD). This company has strong management with a solid background in branding and the beverage industry. RLBD’s CBD beverage brand, that could draw some interest from larger companies looking to get involved in the market much like we’ve seen with Canopy Growth.
RLBD also successfully launched their CBD cartridge brand at the beginning of the year. They made the announcement after their initial release of CBD cartridges quickly sold out.
The company also announced they have made a deal to retain 100% of the rights to their CBD brand making their opportunity even bigger.
For investors, RLBD just got its yield sign off after updating its information, this could be a sign that there are more some major things happening at the company which is why it looks like RLBD could be an oversold opportunity for savvy investors. Do your due diligence now on RLBD.
CBD companies to watch include: Real Brands, Inc. (RLBD), Puration, Inc. (OTC PINK: PURA), Green Thumb Industries, Inc. (GTBIF), KushCo Holdings, Inc. (KSHB), and Emerald Health Therapeutics, Inc. (EMHTF).
Real Brands, Inc. (RLBD)
Market Cap: $10.63M Share Price: $0.085
Real Brands, Inc. (Pink Sheets: RLBD), and Dragons, Ltd. announce that they have mutually agreed to terminate the October 2017 license agreement, which granted Dragons, Ltd exclusive rights to commercialize CBD Pharmacy® branded products worldwide.
Under the terms of this agreement, Real Brands will regain all rights to the CBD Pharmacy® trademark it owns for the existing vape cartridge business and all new CBD Pharmacy products worldwide. Real Brands, Inc. will also receive the sufficient inventory of CBD Pharmacy® branded vape cartridges to enable a smooth transition and ensure that retail customers will continue to have supply.
Puration, Inc. (PURA)
Market Cap: $5M Share Price: $0.10
Puration, Inc. announced initiating its first production run of an updated formula for its EVERx CBD Sports Water. This production run will also include the new EVERx labels. The Company introduced its CBD Sports Water at Arnold Schwarzenegger’s Arnold Sports Festival early in 2017. Sales of EVERx have since grown 600%.
Green Thumb Industries, Inc. (GTBIF)
Market Cap: $1.64B Share Price: $10.88
Green Thumb Industries Inc. (GTBIF), announced that it has divested all its membership interest in VCP Bridge, LLC, which holds warrants issued by iAnthus Capital Holdings Inc. ("iAnthus") to an unaffiliated third party. The closed transaction reflects GTI’s disposition of all direct and indirect interest in warrants issued by iAnthus.
KushCo Holdings, Inc. (KSHB)
Market Cap: $382.41M Share Price: $4.87
KushCo Holdings, Inc. (KSHB), the parent company of innovative cannabis industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions, which provide a range of services and products for the regulated cannabis, CBD and other related industries, announced that it has joined the Sustainable Packaging Coalition ("SPC"), a membership-based collaborative that is considered the leading voice on sustainable packaging solutions. They are the first Cannabis company allowed in this coalition.
Emerald Health Therapeutics, Inc. (EMHTF)
Market Cap: $354.20M Share Price: $2.58
Emerald Health Therapeutics, Inc. (EMHTF) filed 17 provisional US patent applications covering Emerald’s unique Defined Dose™ cannabis dosage forms and formulations. Based on proprietary Emerald research, these patent applications are contributing to Emerald’s intellectual property portfolio and its intent to develop distinctive cannabis products for medical-use and improved adult-use. The products provide more precise and consistent delivery, dosage, and formulations. Defined Dose™ cannabis products will, when made available to the public, provide consumers with products currently not available.
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