Thursday, August 15, 2019 5:52:43 PM
Strong Demand for CBD Edibles to Create a $4.1 Billion Market by 2022
Financialnewsmedia.com News Commentary
PALM BEACH, Florida, July 24, 2019 /PRNewswire/ -- The CBD story has been on the of the most explosive to date for investors. In fact, multi-billion-dollar industries are just now being transformed by CBD, including alcohol, health and wellness, cigarettes, and the retail industry. It's impacting a range of food, too. Everything from gummy bears and cookies to candy and brownies are being infused with CBD with considerable consumer demand. Interesting to note, consumer spending on cannabis-based food and drink reached $1 billion in 2017 just in the U.S. in Canada.
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