Mainstream CBD Acceptance Being Driven By Boomers and Millennials - Seite 2

Methods of delivery of CBD are numerous. Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB) saw its stock price rise nearly immediately after acquiring the remaining shares of Hempco Food and Fiber, further capitalizing on the CBD trend.

HEXO Corp. (NYSE:H EXO) (TSX: HEXO) went the beverage route through a major deal with major beer bottlers, Molson Coors in Canada. The company also hinted that it could launch its CBD-infused products in as many as eight states where it believes they'll be legal. HEXO also markets its popular Elixir CBD MCT Oil Oral Spray, which presents a quick and convenient way to ingest CBD.

Also coming in convenient delivery forms is CannTrust Holdings Inc. (NYSE:CTST) (TSX:TRST) which recently released three new products: High Dose and Low Dose CBD Capsules, and High Dose CBD Drops.

Capturing the CBD Buzz on Social Media

Within the CBD Marketing study, what was discovered was how people talk about CBD, giving the market more insight on what's the most appealing among CBD's alleged benefits.

Over 280k posts talked about pain management, including chronic pain from cancer, inflammation, joint pain, etc. Another +250k posts focused on CBD's effect on stress relief, anxiety, insomnia, and general depression. When talking about mental health benefits, 90% of the posts about CBD's efficacy were positive.

There's also a growing amount of talk regarding CBD's role in health and beauty, with over approximately 140k posts, specifically talking about treating acne and other skin conditions such as eczema, rashes, psoriasis, slowing down aging, and reducing inflammation related to skin conditions. Lastly, there was a growing amount of talk regarding pet care and treatments, with roughly 100k posts about the subject.

All three groups had more than 86% positive responses in the posts, showing an overwhelmingly accepting crowd.

Leveraging Positive Medical Opinions

Of the two most talked about subjects, the Chemistree Technology Inc. (CSE:CHM) (OTC:CHMJF) stake acquisition of The Physician's Choice CBD brings products appealing to the top three CBD social media topics—pain management, stress relief/anxiety, and health and beauty.

The Physician's Choice CBD group has already developed a suite of nine full-spectrum, hemp-derived CBD products ranging from pain/inflammation management to sleep and wellness supplements. Helming the company are Dr. Julian Grove, MD, and Dr. Peter Kubitz, D.O. with over 15 years in private practice, with the first-hand experience in treating patients suffering from chronic pain. The integration of extensive physician clinical experience combined with exhaustive expertise in the cannabis industry has led to the creation of The Physicians Choice CBD brand.