Thematic Investing Series -- going beyond the buzzwords of the media with my guest, Josh Delaney, Founder of FAB CBD one of the most recognized and leading CBD e-commerce retailers in the world.
In this episode, we really dig deep into Josh’s experiences in the very interesting CBD industry. Being a serial entrepreneur, he shares some great insights on the history of the industry and where he sees it going in the future. We discussed the characteristics of the expanding end-user of CBD products, the big role government plays, some of the disconnects of the CBD vs. Cannabis industry as a whole, and how that plays out in the public equity markets.
We also had to touch on his impressive $20.6 Million sale for 80% of the business to High Tide Inc., and what that means for him and the company moving forward. High Tide Inc., is a Canadian based company that holds a portfolio of Cannabis and CBD based businesses and is traded on the Nasdaq.
www.FABCBD.com
www.rhitch.com/resources
Ryan Hitchcock
Financial Planner
High Point Capital Group
Direct: 414-253-4611
rhitch@hpcg.com
Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is not guarantee of future results. Securities and investment advisory services offered through SagePoint Financial, Inc. (SPF), member FINRA/SIPC. SPF is separately owned and other entities and/or marketing names, products or services referenced here are independent of SPF.
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