This CBD Market is Expected to Grow 400% Over the Next Eight Years
Global CBD growth is expected to explode. In fact, according to Arcview Market Research and BDS Analytics, global spending on cannabis could reach $57 billion by 2027. All as consumers around the world wake up to the health benefits of cannabis, including the treatment of insomnia, stress, anxiety, pain, and even chronic issues. In Europe, for example, the market is on course to grow 400% over the next four years, according to the Brightfield Group. "CBD is just starting to take hold in Europe, with both product availability and consumer awareness still quite limited. This is a great opportunity for developed brands to enter and expand through Europe with far less competition than we're seeing in the U.S.” That’s opening a wide range of opportunity for companies such as The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF), Green Growth Brands Inc. (CSE:GGB)(OTC:GGBXF), Charlotte’s Web Holdings Inc. (OTC:CWBHF)( CN:CWEB), Aurora Cannabis Inc. (NYSE:ACB)(TO:ACB), and OrganiGram Holdings Inc. (TSXV:OGI)(NASDAQ:OGI). The Yield Growth Corp. (CSE:BOSS)(OTCQB:BOSQF) ... Click here to view full article