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$SDEC is targeting a leadership role in the

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Robertscott Member Level  Tuesday, 12/10/19 08:45:24 AM
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$SDEC is targeting a leadership role in the emerging CBD product distribution ancillary space. This strategy is predicated on the idea that the overall CBD marketplace is growing at a rapid pace (recent Brightfield Group research notes 706% growth in 2019 alone) as mainstream consumer adoption continues, with several more years of dramatic expansion likely still ahead. But the number of CBD producers has also expanded at a dramatic pace. Management believes the most powerful return on investment over coming quarters and years will be achieved not through production of CBD or CBD-based products but by providing value to new end-market CBD consumers overwhelmed by a confusing and complex marketplace.

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