CBD Stocks Momentum Watchlist: RLBD, ICBU, CWBHF, SURG, BTTR

As another week comes to an end in the markets, it may be a good time for investors to take a look at some of the stocks that they could consider tracking over the coming days. Here is a look at five stocks that investors could add to their watch lists at this point in time.

Real Brands Inc. (OTCMKTS:RLBD) is gaining momentum after announcing its uplisting to the OTCQB.  This is more significant than your average uplisting because company CEO Thom Kidrin said in a recent interview, once the company completes its uplisting it will have “five deals” to announce.   It looks like the perfect mixture of timing and company developments is brewing for this brand developer.  Start your researc:h on RLBD here.

iMD Companies Inc (OTCMKTS:ICBU): The first company to look into in this situation is iMD Companies Inc, that was in the news yesterday after it made a major announcement. The company noted that after having worked quite diligently on a number of projects over the past months it managed to come up with its first NFT (non-fungible token) product.

Considering the fact that NFTs are now a hugely lucrative niche in the cryptocurrency market, the launch of the first NFT from iMD Companies Inc is a major development. The company also noted that it was pleased at the fact that it finally had its own NFT operation and was planning to launch more such NFT projects over the coming couple of months.

ICBU stock surged 26.32% to close at $0.0024 on Thursday with more than 44.41 million shares traded hands, will above its average volume of 15.50 million shares.

Charlotte’s Web Holdings Inc (OTCMKTS:CWBHF): The CBD market is growing at a pretty rapid pace and if you are currently looking for stocks in the sector, then it might be a good move to consider taking a look at the Charlotte’s Web Holdings Inc stock. It is the leader in the hemp extract CBD wellness products space and earlier on this week on February 9, it announced the results from the clinical trial study into the effect of hemp based CBD products.

The important thing was that the results from the study were positive and that could prove to be another significant positive for the company in the near to long term.

CWBHF stock surged 11.60% to close at $1.39 on Thursday with more than 767K shares traded hands, compared to its average volume of 426K shares.

SurgePays Inc (NASDAQ:SURG): On the other hand, if you are on the hunt for stocks in the financial technology sector, then it could be a good move to perhaps take a look at the SurgePays Inc stock today.

The company is well known for providing financial services for unbanked sections of the population. Earlier in the month, the company’s Chief Executive Officer noted in a letter to the shareholders that the NASDAQ listing was the most important achievement for the company in all these years.

SURG stock soared 10.57% to close at $2.93 on Thursday with more than 189K shares traded hands, compared to its average volume of 230K shares.

Better Choice Company Inc (NYSEAMERICAN:BTTR) stock moved up 9% to close at $3.73 on unusual volume. The stock has been gaining momentum over the past week with a jump of 60%.

Last week, the company announced it has reached a national distribution agreement with Phillips Pet Food & Supplies, one of the largest pet food distributors in the United States, to launch Halo Elevate.