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Re: None

Tuesday, 03/24/2020 2:53:17 PM

Tuesday, March 24, 2020 2:53:17 PM

Post# of 21988
Let's put these two statements together:

"Charlotte's Web to Acquire Abacus Health Products for Combined 35% Marketshare of CBD in Food/Drug/Mass Retail Channel "

https://www.prnewswire.com/news-releases/charlottes-web-to-acquire-abacus-health-products-for-combined-35-marketshare-of-cbd-in-fooddrugmass-retail-channel-301028144.html

"Predictions for the domestic CBD market indicate growth to $20 billion by 2024, with a Nielsen study saying that the market will reach to somewhere between $2.25 billion and $2.75 billion in 2020, even accounting for some unpredictability in FDA rulings."

https://www.explosion.com/135548/the-cbd-industry-in-the-2020s/

35%x$2,250,000,000= $787,500,000
35%x$2,750,000,000= $962,500,000
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