Cannabidiol (CBD) Industry Lights Up With Increasing Amount of Uses and Consumer Products

PALM BEACH, Florida, October 3, 2018 /PRNewswire/ --

FinancialNewsMedia.com News Commentary 

A growing number of North American consumers are showing more and more interest in Cannabis Based and CBD infused products which are being greeted by an explosion of new product innovations that can be purchased through many different individual products ranging from healthcare & medical products, pet products, beverage and edibles products and good ole fashion marijuana. According to a new report released recently by the Brightfield Group, the hemp-derived CBD market alone will reach sales of $22 billion by 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent. In areas across the U.S. and Canada retail outlets are expecting to not be able to keep cannabis based and CBD products on the shelves as CBD can now even be found at massage spas, gyms, and through an growing number of direct sellers. Active cannabis stocks in the markets today include: CROP Infrastructure Corp. (CSE:CROP) (OTC:CRXPF), Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON), Canopy Growth Corporation (TSX:WEED) (NYSE:CGC), Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF), Namaste Technologies Inc. (TSX-V:N) (OTC:NXTTF).

CROP Infrastructure Corp. (CSE:CROP) (OTCPK:CRXPF) BREAKING NEWS: CROP Infrastructure announces that further to its LOI with Naturally Splendid Enterprises (TSX-V: NSP)(OTCQB: NSPDF) (previously announced on August 14^th 2018) CROP will utilize NSP's proprietary HempOmega powder created from microencapsulated hemp seed oil in its "CannaDrink" functional beverage line currently being developed.

CannaDrink will now be available in all other jurisdictions containing HempOmega where CBD products are not yet approved. CROP's new cannabis-infused line of soft drinks called CannaDrink will be a zero calorie, non-GMO, ketogenic-friendly line of soda pop, tea, and coffee variations.

HempOmega is a unique and proprietary homogenous powder created from microencapsulated hemp seed oil. It is a high-quality and sustainable omega fatty acid alternative ingredient. Due to its unique powder format, it solves the formulation challenge manufacturers face when trying to add oil to existing products and has proven to increase the bioavailability of omega fatty acids. The global carbonated soft drinks market is projected to reach USD 605.6 Billion by 2025, according to a March 2018 report by Grand View Research, Inc.