Episodes
![Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Attains Rapid Growth in the Mounting Cannabis Sector](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Thursday Jun 20, 2019
Thursday Jun 20, 2019
Skepticism has been squashed and all apprehension eliminated. There’s no longer any question about either the viability or the profitability of the newly respected cannabis sector. Huge money has already been made in the nascent industry, and the only real question left is: where’s the next super nova?
Quarter-over-quarter sales growth is one of the indicators used to target explosive upside potential. Similar growth patterns were exhibited by many of the cannabis behemoths prior to parabolic price increases. In what may be an equally telling indicator, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) revenues have now increased 11 consecutive quarters, quarter on quarter, ever since the company started selling its hemp-based CBD products. Similar quarterly sales spikes and strategic acquisitions foreshadowed dramatic price increases in some of the largest names in the cannabis universe. Last October Medmen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) soared 60% in one week when the company announced a deal to buy PharmCann. Florida-based Trulieve Cannabis Corp. (OTC: TCNNF) (CSE: TRUL) went public last September through a reverse merger in Canada and soared 200% after a strong 2018 Q2. Already up big on Canadian exchanges, Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) became the first pure-play marijuana stock to list on NASDAQ around $7 and just bounced off $23 a share. Last year, Tilray Inc. (NASDAQ: TLRY) became the first cannabis company to IPO on the NASDAQ at $17 per share and by September skyrocketed to $300. Despite price surges and fluctuations in the big cannabis names, there’s bound to be more money made in the sector; the run is far from over.
![Sugarmade, Inc. (SGMD) Expanding Product Offerings to Include Extraction Equipment](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Thursday Jun 13, 2019
Sugarmade, Inc. (SGMD) Expanding Product Offerings to Include Extraction Equipment
Thursday Jun 13, 2019
Thursday Jun 13, 2019
Extraction technology plays a crucial part in the production of cannabidiol (CBD) from hemp.
Sugarmade Inc. (OTCQB: SGMD), a company already established in the hydroponic equipment business, is making plans to add extraction technology to its repertoire. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has been researching new medical applications for CBD and related chemicals — medicines for which extraction will be critical. KushCo Holdings Inc. (OTCQX: KSHB) has moved from providing support services to CBD-related companies to running its own store and has recently bolstered its leadership team for further growth. Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF) has expanded swiftly over the past six years, growing from a single operation to a presence in five U.S. states. And in a boost to CBD’s public profile, Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) has teamed up with UFC to research the application of CBD and related treatments for mixed martial artists.
![Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Advancing the Effective Delivery of Cannabinoids](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Thursday Jun 13, 2019
Thursday Jun 13, 2019
Experiments with next-generation delivery systems appear certain to lead to better cannabis-based products.
Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has recently seen spectacular improvements in the effectiveness of cannabinoids thanks to its proprietary chemical delivery treatment. GW Pharmaceuticals Plc (NASDAQ: GWPH) (OTC: GWPRF), which has won widespread praise for its innovative medical work, has seen good trial results for a new treatment for seizures. Tilray Inc. (NASDAQ: TLRY) is supporting studies into the uses of cannabinoids to treat behavioral problems and HIV. MariMed Inc. (OTCQB: MRMD) has set up a subsidiary focused on CBD, currently the highest-profile cannabinoid product. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has established a new research lab to develop devices for CBD consumption.
![Geyser Brands Inc. (TSX.V: GYSR) Taking Hemp-based Pet Products to Global Markets](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Jun 07, 2019
Friday Jun 07, 2019
As the hemp and CBD markets grow, a wide variety of CBD- and hemp-based products are becoming available, including products for pets.
Geyser Brands Inc. (TSX.V: GYSR) has recently announced an acquisition that provides the company with two brands of hemp and CBD products. Indiva Ltd. (TSX.V: NDVA) (OTCQX: NDVAF), which provides infused products for humans, is working on a new extraction facility to increase its production. Viridium Pacific Group (TSX.V: VIR) (OTCQB: VIRFF) is supporting the growth of the hemp and cannabis industries through investment, both in acquisitions and in partnership with smaller companies. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) has raised the public profile of CBD through celebrity associations and entry into prestige shops. Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is producing CBD products for both humans and their furry companions.
![Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Groundbreaking Delivery Technology Could Revolutionize the CBD Industry](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday May 31, 2019
Friday May 31, 2019
Fueled by an explosion of CBD-infused edibles, billion-dollar projections for the CBD market may even be conservative.
This seems possible when one considers the truly innovative work being done in the sector by the likes of Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), which has developed a patented delivery technology with disruptive potential, delivering 475% more CBD to the bloodstream after 15 minutes than conventional formulations. Other sector innovators are making a similar impact, including the likes of noted cannabinoid biopharma GW Pharmaceuticals Plc (NASDAQ: GWPH) (OTC: GWPRF) and that of researchers and product developers Tilray Inc. (NASDAQ: TLRY), MariMed Inc. (OTCQB: MRMD) and Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB).
![TransCanna Holdings Inc. (CSE: TCAN) Creating Vertical Integration through Strategic Mergers and Acquisitions](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Thursday May 30, 2019
Thursday May 30, 2019
Cannabis companies are using increasingly refined acquisition tactics to create vertical integration.
TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) has developed a refined acquisition strategy, assessing more than one hundred targets before settling on a select few to acquire. Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF), one of America’s leading multistate cannabis companies, has recently announced its agreement to acquire CannaRoyalty Corp. (OTCQX: ORHOF), giving it control over a vast distribution platform. In Canada, HEXO Corp. (TSX: HEXO) (NYSE American: HEXO) has been given approval to acquire Newstrike, as the country’s vibrant industry consolidates following recent dramatic growth. For those without vertical integration, companies such as DionyMed Brands Inc. (CSE: DYME) (OTCQB: DYMEF) provide vital support services, including logistics and distribution.
![Sugarmade, Inc. (SGMD) Sees Hydroponic Supply Demand Surge as CBD Interest Rises](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Thursday May 30, 2019
Sugarmade, Inc. (SGMD) Sees Hydroponic Supply Demand Surge as CBD Interest Rises
Thursday May 30, 2019
Thursday May 30, 2019
Growing demand for CBD is increasing pressure on companies that provide key cultivation equipment and industry supplies.
As part of its commitment to build a large and well-supplied sales channel, hydroponic supplier Sugarmade Inc. (OTCQB: SGMD) is in the process of making acquisition of companies that supply the hemp industry. An increasing need for supplies is coming from companies such as Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), a major cultivator and processor making moves on the CBD drinks and well-being markets. Cronos Group Inc. (TSX: CRON) (NASDAQ: CRON) has entered into a supply agreement with another provider to ensure the materials it needs for its products. Global efforts by companies such as New Age Beverages Corporation (NASDAQ: NBEV) and Aphria (TSX: APHA) (NYSE: APHA) may further strain U.S. supply chains, due to greater cultivation restrictions in other parts of the world.
![Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Benefitting From Celebrity CBD Endorsements](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday May 24, 2019
Friday May 24, 2019
Companies with a presence in the CBD market are seeing their profiles rise, thanks to growing media and celebrity attention.
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is one of the companies benefiting most from this attention, with its products featured in Kim Kardashian’s baby shower and the new Saks CBD store. Tilray Inc. (NASDAQ: TLRY) has seen strong market coverage as its shares rose following action to tackle product shortages in Canada. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has fostered its public profile through efforts by the company’s media-savvy co-CEO. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) drew attention as its share value rose with a large external investment. Charlotte’s Web Holdings Inc. (OTCQX: CWBHF) (CSE: CWEB) has been focusing on growing better CBD-producing plants, work that has drawn attention to its VP of cultivation.
- Kim Kardashian’s CBD-themed baby shower drew attention to the range of relaxing CBD products.
- Other high-profile appearances are boosting upper-end CBD brands.
- Broad media coverage is normalizing and drawing customers to the sector.
![Sugarmade, Inc. (SGMD) Seizes Opportunity Created from Mounting CBD Demand](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Thursday May 16, 2019
Sugarmade, Inc. (SGMD) Seizes Opportunity Created from Mounting CBD Demand
Thursday May 16, 2019
Thursday May 16, 2019
A boom in demand for cannabidiol (CBD) has created an alarming shortage, which savvy hemp companies are aggressively looking to solve.
Cultivation supplies company Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) has acquired several other suppliers, allowing it to benefit from economies of scale. Canadian cultivator Tilray Inc. (NASDAQ: TLRY) is investing heavily in new growing space. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has expanded from Canada into the United States and is collaborating with other companies to meet demand. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has received a substantial inflow of funds from a tobacco company and is investing some of it in R&D. Charlotte’s Web Holdings Inc. (OTCQX: CWBHF) (CSE: CWEB) is focusing on growing high-quality hemp to supply a range of novel products.
![TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Ensures Ultimate Brand Consistency within Evolving Cannabis Sector](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday May 10, 2019
Friday May 10, 2019
Last year was a year of maturation for the cannabis market.
- California’s growing pains are a recipe for success for handful of savvy operators
- Brands, consistency and scalability likely deciding factors for many companies
- Projected global market size an open-and-shut case for scaling up NA sector
The market growth resulted from retailers in nine legal adult-use states being pushed beyond the sector’s historically core demographics, targeting fast-growing new segments such as women, with an emphasis on elements such as wellness and clearly labeled/low-dose alternatives. That trend was reinforced with CBD breaking out into the mainstream, as industrial hemp became legal throughout the United States, and cannabis companies looked for ways to stand out from the crowd. Some companies were more successful at this than others, with TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) (TCAN Profile) making huge strides recently to expand the upper-end procurement part of the business, as well as flesh-out its footprint of branded offerings. Other moves have been made by comparable sector players such as Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), DionyMed Brands Inc. (OTCQB: DYMEF) (CSE: DYME), Cresco Labs Inc. (OTCQX: CRLBF) (CSE: CL) and CannaRoyalty Corp. (OTCQX: ORHOF) (CSE: OH), which are pursuing similarly comprehensive approaches to the sector that run the gamut from raw inputs to changing branding, marketing and distribution methods.
![VPR Brands, LP (VPRB) Increasing Customer Base with Clever Marketing Tactics](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday May 10, 2019
VPR Brands, LP (VPRB) Increasing Customer Base with Clever Marketing Tactics
Friday May 10, 2019
Friday May 10, 2019
The growth of vaping has led to the emergence of a new sector.
- Vaping is tied to the tobacco and cannabis industries but has become popular as a healthier delivery system for both products.
- Investment and mergers are fueling the industry’s expansion.
- Working smarter in the competitive market may be savvy strategy.
Many companies are jockeying for position in this new space. Interestingly, some of the more successful companies may not necessarily be the big players but those that work smart with what they have. Among these smaller smart companies is VPR Brands LP (OTC: VPRB) (VPRB Profile), which has used innovative products and marketing tactics to expand its customer base. At the opposite end of the spectrum is Altria Group Inc. (NYSE: MO), a tobacco giant that has invested heavily in vaping. Greenlane Holdings Inc. (NASDAQ: GNLN) works on the distribution side and has impressive reach, supplying nearly 10,000 stores and two major online outlets. KushCo Holdings Inc. (OTCQB: KSHB) has moved successfully from packaging into cannabis. Thanks to cannabis-based medicines such as those created by GW Pharmaceuticals plc (NASDAQ: GWPH), vaping may even develop a place in medical care.
![Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Aims to Capture Part of the Cannabis-infused Beverages Market via Recent Joint Venture](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday May 03, 2019
Friday May 03, 2019
Projections for the cannabis markets are staggering, yet there’s evidence that the lofty estimates may be understated.
- Cannabis projections often fall far short of actual sales growth.
- Cannabis-infused beverages looks to be next area of explosive upside.
- Beverage and cannabis companies striking deals to gain market access.
- New technologies could snag significant market share.
Once viewed as wild conjecture for the future of cannabis markets, forecasts in 2015 fell severely short of actuality. At that time, consensus was that Canada could reach CA$2.8 billion in legal sales by 2020. Sage prognosticators now say that the market may exceed CA$7 billion in 2019. Catering to the tastes of market demographics, intense interest is now focused on the cannabis-infused beverages market. Not even legal in Canada until this fall, the infused beverage market is already pegged to reach a mind-boggling CA$4.4 billion within five years.
Joining the ranks of the majors to meet this titanic demand, Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (SRUTF Profile) announced a joint venture with Moosehead Breweries, the largest and oldest independent beer company in Canada. Cannabis colossus Tilray Inc. (NASDAQ: TLRY) announced a research partnership into infused beverages and is bringing in executives with backgrounds in the beverage industry. The maker of Corona and Modelo beer increased its stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) to 38%, spurring speculation of cannabis-infused beverages to come. HEXO Corp. (NYSE American: HEXO) (TSX: HEXO) entered a joint venture with Molson Coors Canada to produce CBD-infused beverages. And New Age Beverages Corp. (NASDAQ: NBEV) is anticipated to begin roll out of Marley+CBD-infused drinks in four targeted U.S. states.
![Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Expanding its Footprint in the Booming Legal Marijuana Market](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Apr 26, 2019
Friday Apr 26, 2019
The cannabis industry presents a rare opportunity to profit from spectacular growth in a virtually untapped market.
- Legal marijuana market projected to reach $146.4 billion.
- United States and Canada current epicenter of cannabis growth.
- Brand recognition and retail reach imperative for market share.
Capturing market share and creating long-term success in this explosive market will require brand recognition and retail reach. Shortly after posting its tenth consecutive quarter of increased revenues, Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) announced intentions to further expand its footprint with the acquisition of premier licensed cannabis retailer, City Cannabis Corp. A finalized accretive acquisition will add significant revenues to Wildflower, providing access to several valuable cannabis licenses in lucrative premium locations. Other companies in the sector are looking to grow in the market through other promising ways. Tilray Inc. (NASDAQ: TLRY) recently acquired Natura Naturals Holdings, boosting capacity to supply cannabis products across Canada. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) bought hemp company AgriNextUSA to accelerate entry into key American jurisdictions. Medmen Enterprises Inc. (OTCQX: MMNFF) (CSE: MMEN) announced the purchase of two vertically integrated operations, which include retail locations and 25,000 square feet of cultivation and production capacity. And only two weeks ago, Curaleaf Holdings Inc. (OTCQX: CURLF) (CSE: CURA) completed the acquisition of Eureka to provide access to California’s wholesale market through a large greenhouse facility.
![Sugarmade, Inc. (SGMD) Expands through Strategic Deals as Global Hemp Industry Surges](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Monday Apr 22, 2019
Monday Apr 22, 2019
Ever since the Farm Bill was signed into law, farmers across the United States have rushed into hemp cultivation, driving demand for the supplies needed to grow the crop necessary to meet surging CBD use.
- Global hemp industry to reach $22 billion in 2022.
- CBD market could increase 40 times in the next four years.
- Hemp farming skyrockets to meet demand.
- Serious squeeze on hydroponic and cultivation supply products.
Hemp is booming across the country, and nowhere more so than in Kentucky, where the applications to grow hemp are expected to increase fivefold, and acreage dedicated to growing the crop is set to more than triple this year. At the forefront of this explosive market growth, Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) recently inked a strategic supply contract with Hempistry Inc., a leading Kentucky-based cultivator of high CBD content hemp. Since passage of the farm bill, other major Canadian producers have also been making deals to expand hemp and CBD operations south of the border. Tilray Inc. (NASDAQ: TLRY) announced the acquisition of a large hemp foods maker, and Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) is making substantial investments in New York state. Aphria (NYSE: APHA) (TSX: APHA) temporarily withdrew from the U.S. market while fighting off a hostile takeover bid. And after a $1.8 billion investment from a U.S. tobacco giant, Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is expanding globally with eyes to the U.S. markets in the future. Even the largest Canadian licensed producers are betting on hemp CBD, underscoring titanic market growth.
![Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Set to Profit from CBD Market Growth via Recent Distribution Agreements](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Apr 12, 2019
Friday Apr 12, 2019
The CBD market is seeing strong growth and a move towards the mainstream.
- The North American CBD market, worth more than $9 billion in 2017, is projected to be worth $47 billion by 2027.
- Growth is possible partly through mainstream acceptance, with pressure on a variety of institutions to accept medical CBD.
- Leaders are emerging within the CBD and cannabis markets, as leading voices gain recognition for their work.
Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile), which focuses on health and wellness products, is benefiting from this growth through the establishment of strong distribution deals. Focused on the organic market, Green Organic Dutchman (OTCQX: TGODF) (TSX: TGOD) has significantly increased its output to meet demand. Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) has earned its CEO industry-wide recognition through strong growth and a powerful place as a market leader. HEXO Corp. (NYSE American: HEXO) (TSX: HEXO) is pushing CBD and cannabis toward the mainstream through connections with food and consumer product companies. Significant developments in science and agriculture, where Charlotte’s Web Holdings Inc. (OTCQX: CWBHF) (CSE: CWEB) is making great steps forward in developing low-cost high-quality hemp, is also strengthening the plant.
![Youngevity International, Inc. (NASDAQ: YGYI) Expands Reach as the CBD Industry Continues to Evolve](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Apr 05, 2019
Friday Apr 05, 2019
The U.S. Farm Bill that recently passed into law is a game-changer for the CBD space. While it is unknown when nationwide cannabis legalization may occur, incredible opportunities exist right now for CBD-focused companies that can deliver products to the marketplace.
- Demand is growing for organic CBD products in markets where such products are legal.
- Youngevity has made a series of strategic acquisitions to help establish the company’s position
- Companies ready to deliver CBD products to market at scale are in ideal position to capitalize on growing demand.
Passage of the latest U.S. Farm Bill marked a watershed moment for CBD producers in the United States. Not only does the new body of law allow these producers to commercialize existing CBD products, the door is now open for a new generation of research into what CBD can do for consumers. Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is a leading producer of consumer-focused CBD products that is expanding its reach into other areas of the CBD supply chain. It joins companies such as CV Sciences Inc. (OTCQB: CVSI), Isodiol International Inc. (CSE: ISOL) (OTCQB: ISOLF), GW Pharmaceuticals plc (NASDAQ: GWPH) (OTC: GWPRF), and Curaleaf Holdings Inc. (OTCQX: CURLF) (CSE: CURA), which are all working to commercialize CBD products in both the consumer and pharmaceutical sectors.
![Sugarmade, Inc. (SGMD) Prepares to Meet Growing Hydroponic Supplies Demand via Strategic Acquisitions](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Apr 05, 2019
Friday Apr 05, 2019
A surge in hemp production means big business for hydroponic suppliers.
- Hemp production set to massively increase in the United States this year.
- Increased production driving high demand for hydroponic supplies.
- Hydroponics companies are responding with expansion and acquisitions.
Sugarmade Inc. (OTC: SGMD) (SGMD Profile) has strategically acquired several companies to meet demand and expand its foothold. Canadian-based Tilray Inc. (NASDAQ: TLRY) has expanded production in both Canada and Europe while Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) is developing projects in the United States, and Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has received massive outside investment to fuel its growth. Companies such as Aphria (NYSE: APHA) (TSX: APHA) are enlarging their indoor grow operations as they too rush to meet demand.
![Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Ideally Positioned as the Healing Power of CBD Gains Awareness](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Mar 29, 2019
Friday Mar 29, 2019
Analysts at Brightfield Group see CBD (cannabidiol) gobbling up a sizeable chunk of a projected $100 billion nutraceuticals 2022 U.S. market.
- $22 billion-plus CBD market could eclipse broader cannabis market
- Growing consensus about health benefits backed by clinical work, personal endorsements
- CBD found in everything from beverages and dog treats to pharmaceuticals and wellness products
The opening of the CBD floodgates represents a huge opportunity for plant-based wellness and health-product developers such as Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) and Green Growth Brands Inc. (OTCQB: GGBXF) (CSE: GGB), a lifestyle-oriented developer of cannabis and CBD consumer products. Similarly, some of the fastest-growing producers in the industry today, such as Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Green Organic Dutchman (OTCQX: TGODF) (TSX: TGOD) and HEXO Corp. (NYSE: HEXO) (TSX: HEXO) all stand to benefit as the rising tide of the CBD market continues to see tremendous growth for a number of reasons.