| 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 various 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 U.S. related to the CBD industry. The GRVI average annual return since 2021 is shown above.
The Average Annual Return on the GRVI average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether GRVI average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the GRVI average annual return calculation with any dividends reinvested as applicable (on ex-dates).