Booming Supply and Demand Conditions Fueling Growing Number of Acquisitions in Cannabis Markets

PALM BEACH, Florida, June 12, 2019 /PRNewswire/ — A recent article looking at what changes 2019 may bring to the global cannabis market projected that mergers and acquisitions will redefine the Marijuana Sector in 2019. Owners of well known brands, from alcohol to sunscreens, have seen that adding a CBD infused variety of their popular brands increases sales. Now everyone will want to have reliable sources to make sure they have enough supplies to meet the demand they hope will be coming in this year. The article said: “The cannabis sector is beginning to snowball and the global legal cannabis market is predicted to be worth $146.4 billion by 2025 (companies) will have to compete with existing operators and other entrants interested in the ancillary cannabis sectors” to lock up enough projected supplies of CBD to add to their product lines.  Cannabis, alcohol and tobacco companies

... read more at: