Retail Cannabis Turning into the Next Investment Boom
Retailers are racing to take advantage of an explosive CBD market. Neiman Marcus is pushing ahead with CBD sales at some of its stores and online. Simon Property Group is partnering with Green Growth Brands to open 108 stores in its malls just in 2019. Barney’s will launch “The High End.” Now, one of the largest drugstores in the U.S. is selling cannabis products, too. CVS will now carry a line of CBD products in eight states, including California, Illinois, and Colorado. In fact, the drug chain will now sell CBD creams, sprays, and lotions in those states. “We are carrying hemp-derived CBD products in select states to help meet consumer demand for alternative care options,” said CVS Health Spokesperson, Mike DeAngelis. Along the way, it’s creating a sizable sales opportunity for several companies, including The Yield Growth Corporation (CSE:BOSS)(OTCQB:BOSQF), Curaleaf Holdings Inc. (CN:CURA)(OTC:CURLF), and Green Thumb Industries Inc. (CN:GTII)(OTC:GTBIF). The Yield Growth Corporation (BOSS)(BOSQF) just announced that ... Click here to view full article