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Stock impact report

Global CBD Consumers Continue to Gain More Offerings as Market Regulations Around the World Solidify

Aurora Cannabis, Inc (ACB)  More Company Research Source: PR Newswire
PDF NEW YORK, Feb. 17, 2021 /PRNewswire/ --  As public acceptance and use continues to grow, so too does the positive momentum in opening of new markets for the cannabis derivative CBD. A new bipartisan bill is currently being reintroduced to the US congress, while the European CBD market is already projected to grow 400% through 2023. With the onboarding of additional global markets, such as in Latin America and Asia, the potential market size of CBD is projected to grow by US$22 billion at a CAGR of 125.5% CAGR by 2026. Ahead of these new legalizations, savvy industry leaders have been developing new products to unleash on new markets as they open up, including from HempFusion Wellness Inc. (TSX: CBD.U) (OTCPK: CBDHF), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), CV Sciences Inc. (OTCQX: CVSI), Aphria Inc. (NASDAQ: APHA) (TSX: APHA), and Hexo Corp. (NYSE: HEXO) (TSX: HEXO).Back in January, HempFusion Wellness Inc. (TSX:CBD.U) (OTC:CBDHF) made the leap into the European market, through a [Read more]
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