This is Why CBD Will Remain One of the Hottest Investment Stories
Financialnewsmedia.com News Commentary
PALM BEACH, Florida, Nov. 19, 2019 /PRNewswire/ -- International support for CBD has been explosive. At the moment, one in seven Americans say they personally use cannabidiol-based products, says a recent Gallup poll, which has only proliferated since the passage of the U.S. Farm Bill. However, those numbers are likely to increase as more CBD makes its way on to shelves. In fact, the Brightfield Group estimates the U.S. CBD product market alone to be worth over $23.7 billion by 2023, as CBD finds its way into a variety of consumer product categories including food and beverage, pharmaceuticals, cosmetics, and health and wellness. In Europe, one in six Europeans surveyed by New Frontier Data reported using CBD. In addition, nearly half of Europeans reported having a positive impression of CBD. That's leading to a wide range of opportunity for companies including CBD Global Sciences, Inc. (CSE: CBDN), OrganiGram Holdings Inc. (TSX-V:OGI)(NASDAQ:OGI), Zenabis Global Inc. (OTCPK:ZBISF)(TSX:ZENA), KushCo Holdings Inc. (OTCQB:KSHB), and cbdMD Inc. (NYSE:YCBD).
CBD Global Sciences, Inc. (CSE: CBDN) BREAKING NEWS: CBD Global Sciences, Inc. announced the expansion of its Aethics Hydration product line, launching an all new lineup comprised of infused CBD Balance Sparkling Water in 3 flavors – Grapefruit, Berry, and Lemon Lime. With today's launch of the expanded Aethics Hydration product line, CBD Global Sciences' aim is to increase its market share in the rapidly growing market segment for hemp-derived CBD sports water. CBD-infused beverages are considered to be the fastest growing segment in the overall market. According to market research firm, Zenith Global, the U.S. cannabis-infused drinks market will reach an estimated $1.4 Billion by 2023. CBD Global Sciences' water line can be viewed and purchased online at https://aethics.com/products/cbd-sparkling-water-for-athletes-by-aethics-h20-balance, and is available through retail outlets nationwide.
The Company's Sparkling Water is a 12-ounce cannabis infused with 10mg of CBD and flavor extract. The H2O Balance Sparkling water uses a refined full-spectrum formulation to preserve the full range of the hemp-plant's beneficial components. Brad Wyatt, CEO & President, states " Our company continues to demonstrate its ability to be timely and innovative in creating multiple varieties for our hydration lines that will enhance the consumer's ability to find a product that they will enjoy as a refreshing way to rehydrate with a full spectrum compliment of CBD and other supportive cannabinoids."
OrganiGram Holdings Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de