Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Rocky Mountain High Brands, Inc. (RMHB) operates as a lifestyle brand management enterprise, specializing in the development, manufacturing, promotion, and distribution of products enriched with hemp oil and hemp extract. The company’s comprehensive portfolio addresses diverse consumer needs across categories such as beverages, food items, fitness supplements, and skincare solutions. RMHB's extensive product line includes a variety of CBD-infused items like waters, gummies, concentrated liquids, tinctures, and capsules. They also provide topical applications such as triple relief salves and calming hemp lotions. Beyond their hemp-infused offerings, the company produces a range of other beverages, including naturally flavored citrus and mango energy drinks, a low-calorie coconut energy lime option, as well as lemonade and black tea. Their catalog further extends to hemp-infused energy shots in mango and mixed berry flavors, alongside premium high alkaline spring water. These goods are marketed under proprietary brand names such as Rocky Mountain High, HEMPd, HEMPFIT, Smarterita, Totally Hemp Crazy, Blue Leaf, Rock the Road Trip, Eagle Spirit, and Eagle Paa, in addition to various private label agreements. RMHB utilizes multiple sales channels, reaching customers through distributors, retailers, and direct online sales. Headquartered in Plano, Texas, the company officially changed its name to Rocky Mountain High Brands, Inc. in October 2014, having previously been known as Totally Hemp Crazy Inc.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, overvalued on EV/EBITD.