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CBDX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.0001$
  • Previous Close
    0.0001$
  • 52 Week Change
    0.00$
  • Day Range
    0.00$
  • 52 Week High/Low
    0$ - 0.0001$
  • Dividend Per Share
    --
  • Market cap
    9 338 K$
  • EPS
    -0.0016
  • Beta
    -17.794
  • Volume
    --

About

CBDX.US represents the ETFMG Cannabis ETF, an exchange-traded fund (ETF) that aims to track the total return performance of the Prime Alternative Harvest Index. This index focuses on companies across the globe that are involved in the legal cannabis, hemp, and CBD industries, including cultivators, producers, distributors, and retailers. The ETF provides investors with exposure to a basket of companies within the cannabis sector, offering diversification and potentially benefiting from the growth of the legal cannabis market. It is listed on the Nasdaq stock exchange under the ticker symbol CBDX.
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Factors

Company Performance: Revenue growth, profitability, and market share directly influence investor confidence and stock price.

Industry Trends: The overall health and growth prospects of the cannabis industry impact CBDX.US, as positive trends attract investors.

Regulatory Changes: Government regulations regarding cannabis production, distribution, and sales significantly affect CBDX.US's operations and valuation.

Market Sentiment: General investor optimism or pessimism, driven by economic conditions and news events, can impact the demand and price of CBDX.US stock.

Competition: The presence of strong competitors in the cannabis market can affect CBDX.US's market share and profitability, thus impacting the stock price.

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