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Top Beverage Companies Entering CBD

HENDERSON, NV / ACCESSWIRE / October 10, 2018 / Molson Coors became the latest major beverage company to announce plans to start their own CBD beverage arm. Coca-Cola and InBev have also announced similar plans.

The companies most likely to provide investors large gains based on this beverage arms race are smaller CBD beverage plays in position to benefit.

That's why we're highlighting ChineseInvestors.com, Inc. (CIIX) a premier Chinese company with a couple CBD subsidiaries that has started to generate some impressive revenue. The company just released their fiscal 2018 results, and they were impressive. A 41% increase over 2017 buoyed by a 28,859% increase in consumer product sales largely attributed to their CBD lines.

CIIX just announced plans to launched a Hemp Wine, which makes it the latest CBD beverage company that investors could be lining up for.

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We're not the only ones who like CIIX, SeeThru Equity just released a report with a $3.75 price target.

You might not want to let CIIX pass you by.

CBD stocks to watch include: ChineseInvestors.com, Inc. (CIIX), GW Pharmaceuticals, Inc. (GWPH), Aurora Cannabis, Inc. (ACBFF), and New Age Beverages, Inc. (NBEV).

ChineseInvestors.com, Inc. (CIIX)

Market Cap: $28.01M Share Price: $0.83

ChineseInvestors.com, Inc. (CIIX), a leading online financial information provider for Chinese investors, announced plans to launch CBD Hemp Wine, its private brand, hemp-infused, rice wine, through its wholly-owned foreign enterprise CBD Biotechnology Co. Ltd ("CBD Biotech"). Given the popularity of infused wine and liquor in recent years, CBD Biotech's new hemp-infused, rice wine was developed with the hemp enthusiast in mind. Moreover, CBD Biotech believes that there are potential long-term, functional benefits of hemp and rice wine. In Bama, a Chinese village located in Guangxi Province, the famed "longevity town of China" known for having the longest living residents, the villagers claim to have discovered the secret of long life: rice wine, which they drink throughout the day, snake wine, and a soup made from hemp seeds. Bama is also one of the world's five longevity towns in terms of distribution rate of centenarians, with a population of just over 300,000, 73 of whom are centenarians, one of the highest ratios in the world. This statement has not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.

GW Pharmaceuticals, Inc. (GWPH)

Market Cap: $4.66B Share Price: $145.76

GW Pharmaceuticals plc, a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, just announced the pricing of an underwritten public offering by the Company. GW will issue 1,900,000 American Depositary Shares, representing 22,800,000 ordinary shares of GW, at a price to the public of $158.00 per ADS on the Nasdaq Global Market, raising gross proceeds of approximately $300 million (before deducting underwriting discounts, commissions and offering expenses). GW granted the underwriters a 30-day option to purchase up to an additional 285,000 ADSs at the public offering price less underwriting discounts and commissions.

Aurora Cannabis, Inc. (ACBFF)

Market Cap: $9.97B Share Price: $10.35

The company released fiscal fourth-quarter earnings and confirmed its intention to list stock on a "senior" U.S. exchange such as the Nasdaq or the New York Stock Exchange.

Further to this on Friday, October 5, the company filed a Form-40 with the intent of registering its securities on the New York Stock Exchange. Aurora could join the ranks of a growing number of cannabis companies choosing to list on major exchanges in the US. Late last month, Canaccord Genuity raised its price target for Aurora Cannabis to 13 Canadian dollars from 11 Canadian dollars.

Aurora Chief Executive Terry Booth said, "This listing provides access to a broader investor audience who gain the opportunity to participate in our continued success."

New Age Beverages Corporation (NBEV)

Market Cap: $355.17M Share Price: $7.20

NBEV announced that it would be debuting a new portfolio of cannabidiol-infused beverages at the upcoming North American Convenience Show in Las Vegas from October 7th to the 10th. The stock nearly quadrupled in the week ending on Sep 21, only to shed a third of its value last week at Thursday's close and rallied again on Friday. The company will be meeting with some of the major retailers in the country at NACS and will be taking orders on a first come, first serve basis, given anticipated demand.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. ACR Communication, LLC, which owns Microcapspeculators.com, is not registered with Finra or any other financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. ACR Communication, LLC [and/or] Microcapspeculators.com does not have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. ACR Communication LLC, which owns Microcapspeculators.com, is compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two. ACR Communication, LLC has been compensated one thousand dollars cash for this article and thirteen thousand dollars total by Regal Consulting. LLC, for news commentary articles for CIIX. CIIX and Regal Consulting, LLC were given an opportunity to edit information included in this article. This article is based solely on public information and the opinions of ACR Communication, LLC, which believes the news commentary to include accurate and complete information. We may buy or sell additional shares of CIIX in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

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View source version on accesswire.com:
https://www.accesswire.com/513821/Top-Beverage-Companies-Entering-CBD



View source version on accesswire.com:
https://www.accesswire.com/513821/Top-Beverage-Companies-Entering-CBD