Feb 13, 2020 (Stock Market Press via COMTEX) -- Consumer interest in CBD is off the charts. Research shows that Google searches about CBD number some 6.4 million unique searches every month, according to U.S. News & World Report. That equals or surpasses interest in any other healthcare issue, product or topic. CBD consumer interest is skyrocketing and willingness to try is growing, lucrative trends for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC).
CBD has drawn such intense interest that media companies such as stockmarketpress.com features specialized coverage of CBD related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC:SPRWF) and OrganiGram Holdings Inc. (NASDAQ: OGI).
CBD Consumer Interest Is Skyrocketing And Willingness To Try Is Growing, Lucrative Trends For Companies Such As CBD Unlimited, Inc. (OTC PINK: EDXC)
Not only are Google searches for CBD off the charts, but research from Market Business News finds that the CBD market in the U.S. was projected to reach $3.08 billion in 2019 and grow at a 125% YOY rate over the next five years. Even more research finds that more than 40% of consumers aged 21 and higher say they would consider trying CBD.
That documents the growth of CBD domestically as consumer interest in CBD is booming and the incidence of younger consumers willingness to try CBD products is growing. CBD consumer interest is skyrocketing and willingness to try is growing, lucrative trends for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC)
CBD Consumer Interest Positive For Companies Like CBD Unlimited, Inc. (OTC PINK: EDXC)
Clearly, consumers want to know more about CBD, are willing to try CBD product and the more they see branded CBD product on the shelves of their favorite brick-and-mortar stores -- plus social media like TikTok and other online sites -- they are an audience waiting to be sold in the category. CBD consumer interest is skyrocketing and willingness to try is growing, lucrative trends for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC).
The challenge now is to close the sales generated by accelerated press coverage, Google searches and media reports about CBD's benefits. Omni channel marketing by CBD Unlimited, Inc. (OTC PINK: EDXC) is a winning strategy that will present branded high quality CBD product in multiple locations: online, social media, mass market stores, pharmacies, wellness centers and even self service discreet kiosks.
Exponential Growth For CBD Companies Like CBD Unlimited, Inc. (OTC PINK: EDXC)
The CBD industry is growing exponentially and projected by search firms to grow 125% YOY each year for the next five years. New foreign markets and in diverse classifications at home, in CBD categories such as CBD oils and CBD for pets, is an aggressive and creative marketing strategy focus to win market share in omni channels. CBD Unlimited, Inc. (OTC PINK: EDXC) is an aggressive, entrepreneurial company capable of growing simultaneously within the domestic market, everywhere from mass merchants, specialty stores and even kiosks, and also in foreign countries.
Source: Stock Market Press
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