Five of the Top CBD Retail Growth Stories on the Market Today

Within the cannabis industry, the CBD market has become one of the most explosive markets, especially as retailers begin to latch on to the opportunity. Green Growth Brands Inc. for example, just announced it expanded with Abercrombie & Fitch to sell Seventh Sense CBD products in over 160 stores. Neiman Marcus, Sephora, Vitamin Shoppe, Kroger, Barney’s DSW, CVS, and Walgreen’s are just a few of the other top retailers that are jumping into the CBD space, too. As the story begins to explode, analysts at Brightfield Group say CBD sales could explode to $23.7 billion by 2023 – a five-year compound annual growth rate (CAGR) of 100%. “The bulk of this growth is coming from large retailers like CVS, Walgreens, and Kroger entering the market and providing that availability to consumers,” says Brightfield Managing Director, Bethany Gomez. That’s opening a wide range of opportunity for companies including The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF), SLANG Worldwide Inc. (CSE:SLNG)(OTC:SLGWF), Green Thumb Industries Inc. (CN:GTII)(OTC:GTBIF), ... Click here to view full article