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Stock impact report

Mainstream Acceptance, Strong Growth Adds to Growing CBD Market

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
DENVER, April 11, 2019 /PRNewswire/ -- The CBD market is experiencing explosive growth as a result of growing mainstream acceptance and strong leadership.The North American CBD market, worth more than $9 billion in 2017, is projected to be worth $47 billion by 2027. Growth is possible partly through mainstream acceptance, with pressure on a variety of institutions to accept medical CBD. Leaders are emerging within the CBD and cannabis markets, as leading voices gain recognition for their work.Wildflower Brands Inc. (OTC:WLDFF) (CSE:SUN) (WLDFF Profile), which focuses on health and wellness products, is benefiting from this growth through the establishment of strong distribution deals. Several companies are responding to the growth by expanding operations. Canadian-based Tilray Inc. (NASDAQ:TLRY) is adding production capacity in both Canada and Europe. Aphria (NYSE:APHA) (TSX:APHA) is increasing its indoor grow operations. Canopy Growth Corporation (NYSE:CGC) (TSX:WEED) is focusing its Show less Read more
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