Right on Brands (OTCMKTS:RTON) came into the focus of many investors this week after the company’s Chief Executive Officer David Youssefyeh joined The Stock Day Podcast for a chat. It is a popular podcast and hence gave the company some much needed publicity.
On Thursday, the stock finally moved as investors piled on to it and ended the day with gains of as much as 15%. The company, which is based out of Dallas, is involved in developing and distributing a range of products including hemp based oil, edibles, beverages, Delta 8 products and also smokables.
During the course of the chat on the podcast, Youssefyeh provided a detailed lowdown on the company’s business. He revealed that Right on Brands consists of two distinct lines of businesses.
One of those is Humbly Hemp, which is best known for offering a hemp based energy bar and a hemp infused drink. The other brand is known as the ENDO Brands, which is primarily involved with hemp based CBD. However, the company’s CEO seemed most excited about the recent launch of the Delta 8 line of products. He stated that the products sold under the brand have sold well and customers love the products on offer.
Market Reaction:
On Thursday, RTON stock gained 15% to $0.0038 with more than 80.35 million shares, compared to its average volume of 43.58 million shares. The stock has moved within a range of $0.0029 – 0.0039 after opening the trade at $0.0031. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.0108.
 Stock In Focus: How Far Can It Go?){kind=link}