cbdMD, Inc. (YCBD)

NYSEAMERICAN: YCBD · IEX Real-Time Price · USD
0.582
+0.012 (2.02%)
Jul 12, 2024, 4:00 PM EDT - Market closed
2.02%
Market Cap 2.25M
Revenue (ttm) 21.58M
Net Income (ttm) -25.65M
Shares Out 3.87M
EPS (ttm) -12.24
PE Ratio n/a
Forward PE 714.29
Dividend n/a
Ex-Dividend Date n/a
Volume 12,203
Open 0.570
Previous Close 0.570
Day's Range 0.560 - 0.600
52-Week Range 0.552 - 1.730
Beta 2.01
Analysts Strong Buy
Price Target 3.00 (+415.91%)
Earnings Date Aug 8, 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
(415.91% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

cbdMD Announces Publication of Human Clinical Trial Data

Charlotte, North Carolina--(Newsfile Corp. - June 27, 2024) -  cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), one of the nation's leading providers of premium cannabidiol ...

17 days ago - Newsfile Corp

cbdMD, Inc. Announces Notification of Noncompliance with Additional NYSE American Continued Listing Standards

Charlotte, North Carolina--(Newsfile Corp. - June 7, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) ,one of the nation's leading and most highly trusted and recognized CBD companie...

5 weeks ago - Newsfile Corp

cbdMD Unveils ATRx Labs Premium Mushroom Line at GNC, Expanding cbdMD's Natural Wellness Solutions

Charlotte, North Carolina--(Newsfile Corp. - May 24, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company") is thrilled to announce the launch of its highly anticipated ATR...

7 weeks ago - Newsfile Corp

cbdMD Launches Max Chill Dragon Fruit D9 Gummies: Your Go-To Relaxation Blend for the Summer

Charlotte, North Carolina--(Newsfile Corp. - May 16, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA) a leading name in premium CBD offerings, is excited to introduce its newest relax...

2 months ago - Newsfile Corp

cbdMD Reports Second Quarter Results

cbdMD's new line of functional mushroom products, ATRx, launches into national retailer Charlotte, North Carolina--(Newsfile Corp. - May 15, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: Y...

2 months ago - Newsfile Corp

cbdMD, Inc. to Host Conference Call to Discuss Second Quarter of Fiscal 2024 Results

Charlotte, North Carolina--(Newsfile Corp. - May 13, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading, highly trusted and widely recognized CBD companies,...

2 months ago - Newsfile Corp

cbdMD Reduces Year over Year Net Loss from Operations by $3.0 Million

cbdMD leads with Strategic Improvements and is Building Momentum with ATRx Line Charlotte, North Carolina--(Newsfile Corp. - February 13, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD...

5 months ago - Newsfile Corp

cbdMD, Inc. to Host Conference Call to Discuss First Quarter of Fiscal 2024 Results

Charlotte, North Carolina--(Newsfile Corp. - February 8, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA), one of the nation's leading, highly trusted and widely recognized CBD compa...

5 months ago - Newsfile Corp

cbdMD Welcomes Vice President of Wholesale Sales, Joe Baghadjian- Paving the Way for Future Growth

Charlotte, North Carolina--(Newsfile Corp. - February 8, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), one of the nation's leading and most trusted CBD companies,...

5 months ago - Newsfile Corp

cbdMD Announces Financing of $1,250,000

Charlotte, North Carolina--(Newsfile Corp. - February 2, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), a premier provider of high-quality CBD products and functio...

5 months ago - Newsfile Corp

cbdMD Unveils THCV+CBG Energy Softgels, Ushering in a New Era of Wellness Solutions

Charlotte, North Carolina--(Newsfile Corp. - January 31, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), a premier provider of high-quality CBD products, proudly un...

5 months ago - Newsfile Corp

cbdMD Launches into Sprouts Farmers Market, Bringing Premium CBD Gummies to 175 Stores Nationwide

Charlotte, North Carolina--(Newsfile Corp. - January 18, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) (the "Company"), one of the nation's leading providers of premium cannabidio...

6 months ago - Newsfile Corp

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...

7 months 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...

7 months 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...

7 months 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...

9 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...

10 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...

10 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...

10 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,...

11 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...

11 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...

11 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...

1 year 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...

1 year 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 ...

1 year ago - Newsfile Corp