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Stock impact report

Infused Drinks Offer Consumers a New Way to Ingest Cannabis

Aurora Cannabis, Inc (ACB)  More Company Research Source: PR Newswire
PDF NEW YORK, Aug. 15, 2019 /PRNewswire/ -- Each year, health officials conduct new clinical trials to uncover the next generation of medical treatments. Recently, cannabidiol or CBD has become an increasingly popular option because of its therapeutic effects. Additionally, CBD can be used for both recreational and medical purposes. Predominantly, the CBD medical sector is expected to account for the majority of the overall industry as, specifically, the therapeutic grade segment is expected to be the primary driver for the market. For instance, in 2018, the therapeutic grade segment accounted for 58% of the global CBD market. The compound is now primarily being used to treat neuropsychiatric disorders as well as other chronic conditions. And notably, the fibromyalgia segment dominated the industry in 2018 with a market valuation of USD 686.19 Million. Additionally, the CBD industry was primarily driven by the increasing instances of physiological disorders among young adults, while sympt [Read more]
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