American Premium Water Corp. (HIPH)

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Cannabidiol, or CBD, is one of the fastest growing subsectors of the cannabis industry. Unlike THC, CBDs do not get you “high” yet it provides a wide range of health benefits. CBDs are legal in all 50 states and are not subject to the same strict regulations as THC. CBD-based products provide consumers a chance to benefit from the medicinal properties of cannabis without the impairment.

According to Statista, U.S. CBD consumer sales are expected to rise from $358.3 million in 2017 to $1.81 billion by 2022. Analysts believe that as more states legalize cannabis, CBD will continue to gain mainstream recognition