Thursday, September 06, 2018 4:05:24 PM
This article predict significant growth in CBD usage and why
management of PST is very interested in the potential of this private company!
Full disclosure I own shares in LDS.
According to a research report published by Technavio, the legal cannabis market is estimated to grow at a steady CAGR of about 24% until 2021. The increasing popularity of cannabidiol (CBD) oil products is one of the primary growth factors for the market. The research indicates that the growing impact of online retailers is expected to contribute significantly to the legal cannabis market. Additionally, the medical applications of CBD, and the growing awareness of them, is what makes this segment of the industry so important to its overall growth. Technavio's analysis suggests that the demand for CBD oil is high in many different parts of the world because of its potential therapeutic applications for various illnesses. The CBD market is projected to grow at a CAGR of more than 39% by 2021. Tidal Royalty Corp. (OTC: TDRYF), InMed Pharmaceuticals, Inc. (OTC: IMLFF), Leafbuyer Technologies, Inc. (OTC: LBUY), United Cannabis Corporation (OTC: CNAB), Lifestyle Delivery Systems Inc. (OTC: LDSYF)
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM