Opinions
Jaime Carrasco
Charlotte's Web Holdings Inc
CWEB-T
TOP PICK
Jun 04, 2019
$17.000
Stock price when the opinion was issued
agriculture
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COMMENT
Wellness drives CBD demand and there's more competition entering this space. The CBD market continues to expand into drinks and food. He used to own this, but sees better opportunities. But CWEB is one of the U.S. leaders in this crowded space, so it's okay. You want to be in this space.
agriculture
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A leader in the cannabis sector. They're extractors of CBD oil for medical purposes. All these players want to come in, but the bottleneck is in obtaining the oil. See the CNN documentary to understand what they do. Earnings trend has just begun, as when Prohibition was over. (Analysts’ price target is $30.82)