The $15+ billion CBD market continues to expand. Growing acceptance of the herbal remedy and associated products has pushed CBD into new industries and innovative uses. One such segment is CBD beverages. These beverages are purported to help with concentration, stress, and even restlessness when laying your head on the pillow. But it’s not just those who are anxious who can benefit from these hemp-infused itmes. Brands like Real Brands’ (OTCMKTS: RLBD) Phaze Sports products are marketed as athletic performance items.
The trend is becoming so popular that even Rolling Stone published an article last Spring listing their favorite CBD beverages. As consumers look for more sustainable, holistic solutions to everyday ailments and stressors, reaching for a bottle of CBD soda or a hemp-infused sparkling water may be the wave of the not-so-distant future.
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 research on RLBD here.
Hexo Corp (NASDAQ:HEXO) stock has been witnessing selling pressure over the past few months and down 92% in the past year. The company is seeking shareholders to greenlight a reverse stock split in order to boost its shares and regain compliance with the Nasdaq’s continued listing standards. Quebec-based Hexo was notified by the stock exchange operator on Jan. 25 it was not compliant with the continued listing standard, which stipulates that its shares maintain a minimum bid price of at least $1 (1.27 Canadian dollars) per share.
Newage Inc (NASDAQ:NBEV): The Company projects preliminary, unaudited net revenue in the range of $99 million to $101 million for the fourth quarter ended December 31, 2021. The preliminary net revenue range is relatively unchanged from revenue of $100 million reported in the third quarter 2021; however, it is below the Company’s previous expectation for a high single-digit sequential increase. While sales in October and November were in line with the Company’s expectations, sales momentum in December declined.
Alkaline Water Company Inc (NASDAQ:WTER): The company reported Q4 loss of 7 cents a share, topping analysts estimates by 2 cents a share. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.
The company reported $15.11 million in revenue for the quarter ended December 2021, surpassing the analysts’ projectiob by 0.73%. This compares to year-ago revenues of $10.18 million. The company has topped consensus revenue estimates two times over the last four quarters.
Anheuser Busch Inbev SA (NYSE:BUD) engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. Anheuser-Busch is the 800-pound gorilla in the beer industry. Its more than 500 brands include Budweiser, Bud Light, Corona, and Stella Artois and are sold worldwide. The company has an estimated 38% share of the global beer market, making it the largest brewer in the industry.
