Investing in hemp is becoming increasingly popular, especially since the federal government passed the farm bill in December. But is it a good stock to buy? While there are some positive signs, it's important to consider the risks before investing. UShemp has a high monthly dividend, which is paid without issue. This is one of the highest dividends found in the entire stock market, making it an attractive option for investors.
However, it's important to note that this stock can be volatile and has a high risk factor. The company is dedicated to processing and cultivating industrial hemp, extracting CBD oil from hemp, and educating and empowering hemp farmers and entrepreneurs. This gives them an advantage over competitors who may be selling similar products. The Bollinger band indicates that this stock has a very large prediction interval, meaning that it could move a lot during the day.
This means that investing in hemp could be risky and may not be suitable for everyone. It's important to remember that investing in the stock market comes with inherent risks, including the potential loss of your investment. Before investing in hemp, it's important to do your research and understand the risks involved.
