New products containing the non-psychoactive cannabinoid CBD is boosting an already booming beauty industry. Consumer spending for the Total Beauty Market is projected to reach $758 billion in sales by 2024. But it’s the potential from the infusion of CBD products into the fold that is drawing in the efforts of several producers and retailers into the CBD beauty space, including The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF), Green Growth Brands (CSE:GGB) (OTC:GGBXF), Cronos Group Inc. (NASDAQ:CRON)(TSX:CRON), American Eagle Outfitters, Inc. (NYSE:AEO) and The Estée Lauder Companies Inc. (NYSE:EL).
Perhaps leading the way with some of the most innovative proprietary formulas and products is The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF), whose thriving line of products that includes the popular brands Urban Juve Wellness and Wright &Well, as well as other white-label agreements. To date, the company has acquired or developed more than 200 cannabis beauty, wellness, and beverage formulas for commercialization, and has signed C$3.7 million worth in agreements ... Click here to view full article