CBD Life Sciences (CBDL) Stock Soars 20%: What’s The Buzz?

Investors who are looking into the possibility of getting into CBD related stocks could consider having a look at the CBD Life Sciences (OTCMKTS:CBDL) stock, which has jumped by 4% so far this morning.

This morning the company announced that it has appointed Matthew McGee as the new Chief Marketing Officer. The announcement seems to have created a sense of positivity among investors and led to the rally in the CBD Life Sciences stock this morning.

Lisa Nelson, who is the Chief Executive Officer and President of the company, stated that McGee’s considerable knowledge about CBD and experience in the cannabis industry are two factors that should make him an effective leader at CBD Life Sciences. McGee is an experienced marketing executive, who is well known for having created successful marketing strategies for various companies in the past. It might be a good idea for investors to keep an eye on some of the marketing initiatives that CBD Life Sciences comes up within the near future.