| Grove is in the business of developing, producing, marketing, and selling raw materials, white label products and end consumer products containing the hemp plant extract, Cannabidiol (“CBD”). Co. sells to numerous consumer markets including the nutraceutical, beauty care, pet care and functional food sectors. Co.'s primary products are Gummies, Tinctures, Topical Cosmetics and Flower, with a variety of formulas of cannabinoids and other additives. In addition, Co. is an operator of an annual tradeshow in the United States related to the CBD industry. The trade show business is naturally seasonal. Co. only has one trade show, CBD.IO, which is held in November each year. We show 3 historical shares outstanding datapoints in our GRVI shares outstanding history coverage, used to compute GRVI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GRVI market cap history over the course of time is important for investors
interested in comparing GRVI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GRVI versus a peer is one thing; comparing
GRVI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GRVI can fluctuate over the course of history.
With this page we aim to empower investors researching GRVI by allowing them to research the GRVI market cap history.