According to Grand View Research, CBD gummies could offer investors a multi-billion-dollar opportunity. In fact, the CBD gummies market could reach approx. $6.94 billion by 2025.
That’s great news for companies like Pure Extracts Technologies Corp. (CSE.PULL), Canopy Growth Corp. (TSX.WEED), Tilray Inc. (NASDAQ:TLRY), Charlotte’s Web Holdings Inc. (TSX.CWEB), and cbdMD Inc. (NYSE:YCBD).
Better, according to Hemp Industry Daily:
“Considering that the market could see favorable U.S. Food and Drug Administration guidance or legislation from Congress approving CBD in ingestible products next year, Nielsen expects that by 2025, the market for hemp-derived CBD products will generate $6.9 billion – a threefold increase over five years.”
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