Growing Markets Incite Cannabis Companies to Extend Their Roots; MassRoots, Canopy Growth, Australis Capital, The Green Organic Dutchman

POINT ROBERTS, Wash. and DELTA, British Columbia, Feb. 12, 2019 (GLOBE NEWSWIRE) — Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the growing demand for diversification, whether through e-commerce infrastructure or a proper CBD catalogue, as the cannabis industry keeps growing.

In a recent report from Brightfield Group: “The CBD market is projected to have reached $591 million in 2018, and the pet CBD market expected to have a CAGR or 195% from 2018 to 2022, outpacing the general CBD market’s CAGR of 147% for the same period. The beauty and skincare topicals are expected to have a whopping five-year CAGR of 214%, and drinks are expected to be a huge CBD growth area, projected to jump from a $12 million market in 2018 to a $200 million-plus market in 2019 with a compound annual growth rate (CAGR) of 242% through

... read more at: https://www.apnews.com/394e87866929a2db0d9328a1f9816763

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