Surging CBD Market Boosted by the Rise of Cannabis Beauty Products

The relatively new concept of “cannabis beauty” is gaining momentum, as innovative cannabis-infused products are popping up on retailers’ shelves, such as Sephora, Barneys, and Neiman Marcus. Analysts expect the trend to one day bolster the overall CBD market to hit $100 billion. The prospect of such an injection could boost the fortunes of cannabis product developers including The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF), Green Growth Brands (CSE:GGB) (OTC:GGBXF), Green Thumb Industries Inc. (CSE:GTII) (OTC:GTBIF), Canopy Growth Corp. (NYSE:CGC) (TSX:WEED), and Tilray Inc. (NASDAQ:TLRY).

Beyond Barneys and Sephora in the US, offerings are starting to make their way onto Canadian shelves as well. Ahead of October’s federal revamping of laws to allow for cannabis-infused products to sell in Canada, The …View the full post at: Surging CBD Market Boosted by the Rise of Cannabis Beauty Products

Related Articles:

How Does the FDA Plan to Deal with Hemp Now That It’s Legal?

Cannabis: This is the Hottest CBD Market Trend of 2019

Three Cannabis Stocks Riding a Potential $500 Billion Global Boom

Is This MedTech Start-Up The Next Hundred-Billion Cardio Breakthrough Stock?