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By now, the entire world seems to have hopped onto the CBD bandwagon—even your mom is probably sipping on CBD soda in the afternoon—and it’s for a good reason. It has a reputation for delivery calming effects in a natural, accessible, and simple way.
If you aren’t familiar with CBD (or don’t know the specifics), it’s short for Cannabidiol, which is known for its anti-inflammatory, pain-reducing, and mind-lifting effects. It’s part of the hemp plant that you can take for its calming effects, but without the high that THC gives you. If you’re afraid of CBD because you associate it with marijuana, fear not: by definition, marijuana needs to have 0.3 percent THC or higher—which hemp does not.
Another perk of CBD? It can be taken in a variety of forms—from capsules to drops to creams to, yes, even drinks. There’s a form of it for everyone, and after months of trial and error, our team has found the product that works the best for each of us (and what we’re looking to get out of CBD) with the help of Equilibria. Instead of blindly picking up the same CBD oil your friend has, Equilibria take the guess-work out of the process by providing you with products and dosage tailored to you.
Our editors all started with the Brilliance Box and with the help of Equilibria’s Dosage Specialist, found a routine that works best for them. No more Googling how many drops you should be taking and winging it—this process is literally made for you.
use code THEEVERYGIRL for 20% off your first order
A well-rounded and effective CBD routine includes a combination of all three products. But today we’re focusing soleley on the one (yes, only one!) product they consider their holy grail. Read on to see which must-have they can’t stop reaching for:
I’ve seen physical therapists and chiropractors pretty regularly since I was in high school—as a runner, former athlete, and current neck-stress-holder, I’ve frequently sought relief from muscle pain and sports-related injuries. Now that I’m an adult, I’m constantly on the lookout for products to help with my tight neck, shoulder, back, and leg muscles. This cream is an absolute gamechanger—I rub it on my neck at least once a day as I hunch over my computer while working, and I like to rub it on sore muscles and joints after a long run (or even just when waking up stiff from a weird night of sleep). Additionally, I love slathering it all over my lower stomach before and during my period—it soothes my cramps SO well (and I don’t say that lightly—I really mean it!).
As I’m sure many of you can relate, my stress levels have been a bit higher than normal in recent weeks. Of course that is the opposite of what you want for yourself when you’re trying to stay healthy. In an effort to keep myself feeling good physically and emotionally, I started taking Equilibria’s daily capsules every morning along with my vitamins. The capsules are fat soluble and I have avocado almost every morning, so it works perfectly. The slow release helps me maintain a much-needed calm throughout my day, allowing me to focus on work and my family, and less on spiraling thoughts about the current state of the world.
When I tried Equilibria, I wasn’t new to CBD; however, I was so intrigued to try their products for my endometriosis pain. I started with the Flavored Daily Drops at night, and then I tried them in the morning. I ended up loving them so much that I take one drop before bed and one before I start work in the morning. I notice a slight difference in my endo pain, but it’s everything else that has made me love them. In the morning, I notice I have less anxiety toward the day, and I have more focus at work. At night, I fall asleep faster and stay asleep longer rather than tossing and turning endlessly all night. Overall, having less anxiety and better sleep does help my endometriosis, which I often notice is exacerbated by stress. My favorite of the Flavored Drops is the mint—Unflavored CBD tastes like hemp and my palette just can’t handle it (sorry not sorry). The mint helps balance the hemp flavor and makes the drops more enjoyable to take.
I’ve been a CBD-user for quite some time, but my biggest problem is always laziness. I always forget to take CBD from a dropper, and the relatively nasty taste doesn’t encourage me either. Enter: these miracle capsules. I keep them next to my coffee pot and take them in the morning with my breakfast (they’re fat-soluable), and remember to take them every. single. day. It’s by far the easiest and most convenient way to take CBD, and I feel overall much calmer and at-ease since I’ve gotten into a routine with them.
I have been a loyal user of the Equilibria products—specifically the pain cream—for almost 18 months. One of the reasons I love this product so much is its versatility. I use it regularly for the aches and pains from lugging my 27-pound toddler around, for sore muscles after running and working out, for my endometriosis pain (I rub the cream on my abdomen), and to help with sleep and stress. Rubbing this cream on various body parts for all of these problems has helped relieve pain and make me feel better on a daily basis.
As per FDA guidelines, Equilibria CBD is not intended to diagnose, treat, cure or prevent any disease or ailment. As always, consult with your physician before starting any new program that may interact with your current health plan.
This article is brought to you by the Personal Finance Insider team. It has not been reviewed, approved, or otherwise endorsed by any of the issuers listed. Some of the offers you see on this page are from our partners, but our coverage is always independent.
- I usually put all of my spending on travel rewards cards so I can redeem my points to book flights and hotel stays.
- However, now that travel is off the table for the foreseeable future, cash-back credit cards are starting to look more appealing.
- Credit cards like the Citi® Double Cash Card and the Blue Cash Preferred® Card from American Express offer money back on all your purchases.
- You can maximize purchases like groceries and food delivery by using a card that offers bonus cash back in these categories.
- See Business Insider’s list of the best cash-back credit cards.
I almost always charge my purchases to a card that earns travel rewards rather than cash back. In fact, I pair my one cash-back card, the Chase Freedom Unlimited, with the Chase Sapphire Reserve so I can transfer the cash-back rewards over and redeem them for travel. This strategy has helped me earn a ton of Ultimate Rewards points, which I’m hoping to redeem for a business-class to Europe, and maybe even a stay at the Park Hyatt in Paris.
However, that all seems like a distant dream right now — with travel at a complete standstill while the world tries to stop the spread of the coronavirus. Credit cards likely aren’t the first thing on your mind right now, but we still have to eat — and stock up on the essentials — and if you’re making a purchase you’re able to pay off, you might as well get rewarded for it. While I know my travel points will be there to help me save on flights and hotels when everything’s back to normal, for now I’m switching my focus to cards that put money back in my account.
We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
Cash-back cards can reward you for grocery purchases
For many of us, the biggest expense beyond food and rent is currently groceries. Luckily there are several cash-back cards that offer bonus rewards for purchases at US supermarkets:
- Blue Cash Preferred Card from American Express — Earns 6% cash back on the first $6,000 spent at US supermarkets each year (then 1% back); $95 annual fee
- Blue Cash Everyday® Card from American Express — Earns 3% cash back on the first $6,000 spent at US supermarkets each year (then 1% back); no annual fee
- Capital One® Savor® Cash Rewards Credit Card — Earns 2% cash back at grocery stores (excluding superstores like Walmart and Target); $95 annual fee
- Costco Anywhere Visa® card by Citi — Earns 2% cash back on all eligible purchases from Costco and Costco.com; no annual fee but requires a Costco membership
- Chase Freedom — Earns 5% cash back on up to $1,500 in rotating bonus categories each quarter of the year when you activate. In Q2 (starting in April), grocery stores is one of the bonus categories. This card has no annual fee.
Read more: The best credit cards for buying groceries
Get money back on food delivery
Food delivery is one of the other potential big expenses during this period when most of us are staying home. Again, plenty of cash-back cards offer bonus rewards on restaurants — a category that includes food delivery.
- Capital One Savor card — Earns 4% cash back on dining (and entertainment); $95 annual fee
- Capital One® SavorOne® Cash Rewards Credit Card — Earns 3% cash back on dining (and entertainment); no annual fee
- Wells Fargo Propel® American Express card — Earns 3x points (equal to 3% cash back) on eating out and ordering in; no annual fee
- Uber Credit Card — Earns 3% cash back on restaurant purchases; no annual fee
Read more: The best credit cards for food delivery
Earn 2% back on every purchase
In addition to using my Chase Freedom Unlimited card to earn 1.5% cash back on every purchase, I’m thinking about adding the Citi Double Cash card to my wallet. This card earns 2% cash back (1% back when you buy, and another 1% back when you pay your bill), and with no bonus categories to keep track of it’s an easy choice for maximizing purchases that wouldn’t earn me bonus rewards with another card — like the CBD lotion and bubble bath I stress-bought on Ulta earlier this week.
- More credit card coverage
- What’s the best airline credit card?
- The best cash-back credit cards
- Southwest credit card review
- Best rewards credit cards
Source: Author based upon company filings.
Charlotte’s Web( OTCQX: CWBHF) (” CWEB”) is the biggest and most valuable cannabidiol (” CBD”) business. Their brand name is likely the best-known CBD brand name, and their products tend to command premium rates over rivals. CBD is a cannabinoid which does not get users high, however may provide medical benefits. After the 2019 Farm Bill, CBD is de-scheduled, but the FDA has not approved any medical claims of CBD aside from Epidiolex for seizures Especially, the dosage of Epidiolex is much higher than for non-prescription CBD users:
Absence of FDA clarity: One year back, CBD business were all the rage, and CWEB stock traded for as much as $24 in April2019 Share prices have been hurt by subsiding financier enthusiasm for CBD, irregular monetary efficiency, and continued FDA inactiveness on permitting oral CBD over the counter. The latter factor has actually implied that, while major sellers like CVS (NYSE: CVS) and Walgreens (NASDAQ: WBA) have meddled offering CBD items, they have actually avoided offering ingestible CBD items – the best-selling type of CBD products – and have only offered topical CBD items like lip balm and skin rubs. There is limited clinical evidence that CBD has any healing effect applied topically at over the counter dose levels.
CVS offers Charlotte’s Web products, however just topical products like skin balms.
Charlotte’s Web had choppy earnings growth and decreasing EBITDA margins in 2019.
On March 24, 2020, Charlotte’s Web reported its outcomes for the 4th quarter
Charlotte’s Web is anticipating a weak first quarter, with their first ever year-over-year profits decline as a public company. After that quarter, results ought to improve, driven by a more powerful relocation into customer packaged products and topical items with the purchase of Abacus Health Products.
Purchasing Abacus & Moving Towards The Mainstream
On March 23, 2020, Charlotte’s Web announced a C$99 million all-stock acquisition of Abacus Health Products Under the regards to the deal, Abacus shareholders will receive 0.85 CWBHF shares for each ABAHF share they own. At the time the deal was revealed, this was a worth of C$ 4.39 per Abacus share and a 38%premium over Abacus’s market value.
As of this writing, CWEB shares trade for $4.06, so Abacus investors will get $3.45 in payment for each share they own. Instead of narrowing, the merger premium had expanded to 45%. This broadening premium might show investor shock that the offer will close as it was revealed, as several significant marijuana mergers have actually failed, including MedMen’s ( OTCQB: MMNFF) acquisition of PharmaCann
Source: Abacus Health on March 24, 2020
Abacus makes a wide range of CBD topical products under the CBD Center and CBD Medic brand. They have an endorsement deal with previous New England Patriots tight end Rob Gronkowski.
Charlotte’s Web will seek to take advantage of Abacus’s strengths in topical items and circulation while reducing their operating expense. Through 3 quarters of 2019, Abacus has generated sales of $111 million with 62%gross margins however is unprofitable due to high operating expense.
Charlotte’s Web offered $95 million of items in 2019 and expects a 10-20%sales boost in 2020 to possibly $110 million at midpoint (leaving out Abacus). Prior to 4th quarter incomes, experts were forecasting forward earnings of $214 million. Omitting Abacus, this indicates that CWEB trades for ~ 3.4 x forward sales.
Charlotte’s Web costs were too high and were harmed by $14 million in problems, shown here in their gross costs. Source: Author based upon company filings.
Offered $110 million in profits, it will be difficult for CWEB to make significant revenue this year. CWEB has actually historically produced about 70%gross margins, although that fell hard this quarter, but spent $26 million on operating costs in the 4th quarter. If those running expenses are maintained, CWEB may create $77 million in gross profits however invest $104 million in operating expenses – resulting in $27 million in annual operating losses.
In spite of the likelihood of losses, CWEB will have the relative security of a business banking relationship and line of credit with JPMorgan Chase, announced on March 23, 2020.
More bullish financiers will look to CWEB’s strong brand, historic profitability, and the potential customers of FDA regulatory oversight on CBD as factors to stay bought CWEB.
However, given low prospects for near-term profitability and minimal growth in 2020, I think Charlotte’s Web is totally valued at its present cost, and there are much better financial investment chances somewhere else in the cannabis sector.
Make better cannabis financial investments with much better information
The Growth Operation is the biggest community of cannabis investors on Looking for Alpha. Throughout difficult market conditions, our active chatroom and day-to-day news updates help investors understand the rapidly-evolving marijuana market. The Development Operation also consists of interactive information, illustrating market sales patterns and highlighting business with best-of-breed financial efficiency.
I have no business relationship with any business whose stock is pointed out in this post.