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Re: derkampfer post# 4011

Tuesday, 01/22/2019 9:07:07 AM

Tuesday, January 22, 2019 9:07:07 AM

Post# of 4094
Direct Selling Method Attracting Corporate Giants

Given the nascent nature of the cannabis industry, many consumers are just learning about CBD products, meaning that growth within the industry is happening in the most organic fashion possible: word-of-mouth marketing. Brightfield Group notes that more than 50 percent of CBD consumers in all U.S. regions first learned about CBD from friends or family, which makes direct selling companies a "fantastic fit" for the CBD industry.

Lifestyle Direct Selling Companies Poised to Capitalize on Expanding CBD Market

Globally, the direct selling market is growing. Research by Euromonitor shows that the direct selling market is expected to reach $163 billion by 2020, with the largest portion of that business coming from the wellness industry. Given the aforementioned promise of the CBD market in the direct selling industry, along with the expected continual growth of the direct selling industry at large, it only makes sense that direct selling companies poised at the intersection of the cannabis, wellness and other lifestyle industries may be best suited to capitalize on the inclusion of CBD in other industries.

https://www.prnewswire.com/news-releases/direct-selling-companies-prove-attractive-for-cbd-market-drawing-large-non-endemic-cannabis-industry-partners-869912726.html" rel="nofollow" target="_blank" >https://www.prnewswire.com/news-releases/direct-selling-companies-prove-attractive-for-cbd-market-drawing-large-non-endemic-cannabis-industry-partners-869912726.html

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