Why CBD Edibles Are Becoming a Hot Commodity Among Cannabis Investors
CBD products have gone mainstream. In fact, as CBD products make their way onto the shelves of Vitamin Shoppe, Kroger, CVS and Walgreens, analysts believe the trend could be a significant catalyst. Along the way consumer spending on cannabis-based food and drink products could reach $4.1 billion from just $1 billion in 2017, according to analysts at Arcview Market Research. Better, we’re beginning to see signs of consolidation in this industry. For example, Tilray Inc. just acquired Smith & Sinclair to create a line of edibles and will distribute product throughout North America. That’s opening a wide range of opportunity for companies including Naturally Splendid Enterprises Ltd. (TSXV:NSP)(OTCQB:NSPDF), Curaleaf Holdings Inc. (CN:CURA) (OTC:CURLF), Green Growth Brands Inc. (CSE:GGB) (OTC:GGBXF), Charlotte’s Web Holdings Inc. (CN:CWEB)(OTC:CWBHF), and Tilray Inc. (NASDAQ:TLRY). Naturally Splendid Enterprises Ltd. (TSXV:NSP)(OTCQB:NSPDF) BREAKING NEWS: Naturally Splendid Enterprises Ltd. just announced that a Letter of Intent with Prairie Pure ... Click here to view full article