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Jan. 22, 2020, 8:39 a.m. EST

Growing CBD Markets Ready for the Next Phase: Massive Consumer Demand Answered

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Jan 22, 2020 (Stock Market Press via COMTEX) -- Until recently, CBD was found in specialist shops, at stratospheric prices then regulations were lifted and consumer education began. This education has spurred a monstrous consumer demand for CBD products across all product lines, from drops to edibles, from skin creams to pet products.

Projections from well known research companies, like the Brightfield Group, foresee 100% year over year increases for the growing CBD markets . Figures like these bring to light just how massive consumer demand is and further education is only going to increase these figures. Additionally, we can see why a company like CBD Unlimited, Inc. /zigman2/quotes/208751111/delayed EDXC -2.47% is not only experiencing massive growth but forecasts this to be even higher over the next few years.

Tickers: CBD Unlimited, Inc. /zigman2/quotes/208751111/delayed EDXC -2.47% , Sugarmade, Inc. /zigman2/quotes/205890489/delayed SGMD +1.85% , Aurora Cannabis Inc. /zigman2/quotes/210559470/composite ACB -0.60% /zigman2/quotes/203734337/delayed CA:ACB -0.90% , Canopy Growth Corporation /zigman2/quotes/200603886/composite CGC -1.93% , Tilray, Inc. /zigman2/quotes/209129655/composite TLRY +0.68% , Aphria, Inc. /zigman2/quotes/207425803/composite APHA -2.82%

New York, NY, January 22, 2020 - Stock Market Press is a leading financial news company that delivers up to date news. Recap of eruptive news this week includes CBD Unlimited, Inc. /zigman2/quotes/208751111/delayed EDXC -2.47% reaching over 5,500 mass pharmacy and mass retail stores. Furthermore, we discuss Sugarmade, Inc. /zigman2/quotes/205890489/delayed SGMD +1.85% , Aurora Cannabis Inc. /zigman2/quotes/210559470/composite ACB -0.60% /zigman2/quotes/203734337/delayed CA:ACB -0.90% , Canopy Growth Corporation /zigman2/quotes/200603886/composite CGC -1.93% , Tilray, Inc. /zigman2/quotes/209129655/composite TLRY +0.68% , Aphria, Inc. /zigman2/quotes/207425803/composite APHA -2.82% .

Growing CBD markets

We mentioned edibles earlier, one of many CBD markets that's seeing huge interest by the general consumer, an area that CBD Unlimited, Inc. /zigman2/quotes/208751111/delayed EDXC -2.47% highlighted in their recent PR, an excerpt of which is included here:

CBD Unlimited Announces Fiscal Year-End Financial Results; Year-Over-Year Revenues Grow 88 Percent

Fiscal Year 2019 Milestones and Highlights:

International Expansion

* Cleared to Distribute CBD Products in Puerto Rico and South Africa.

* Accelerated registration in multiple international markets as the Company prepares for additional targeted channels abroad.

Increased Store Count Growth

* Surpassed year-end store goal by three months to more than 5,000 stores nationwide in mass pharmacy and mass retail markets.

* Accelerated store growth in the current quarter as stores are expanding their state rollout schedule. New contracted distributors are opening chain stores at 200-500 stores per launch.

* New Premium Blue Line BalmX and MistX installed in approximately 1,500 stores across 10 states.

* Established the foundation to service increased demand and to onboard stores on demand.

Product Innovation

* Closed deal with leading chocolate manufacturer, First Foods Group, Inc. (FIFG) to collaborate on premium hemp-based CBD food products.

* Invested and manufactured six Premium Blue Line SKUs at 35,000 units each.

* Reported wholesale value of the 6 premium products is valued over $5.5 million.

E-Commerce Advancement

/zigman2/quotes/208751111/delayed
US : U.S.: OTC
$ 0.08
-0.0021 -2.47%
Volume: 740,127
Feb. 21, 2020 3:52p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$21.77 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/208751111/delayed
US : U.S.: OTC
$ 0.08
-0.0021 -2.47%
Volume: 740,127
Feb. 21, 2020 3:52p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$21.77 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/205890489/delayed
US : U.S.: OTC
$ 0.0055
+0.0001 +1.85%
Volume: 30.90M
Feb. 21, 2020 3:59p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.70 million
Rev. per Employee
$744,805
loading...
/zigman2/quotes/210559470/composite
US : U.S.: NYSE
$ 1.67
-0.01 -0.60%
Volume: 13.64M
Feb. 21, 2020 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.95 billion
Rev. per Employee
$94,401
loading...
/zigman2/quotes/203734337/delayed
CA : Canada: Toronto
$ 2.21
-0.02 -0.90%
Volume: 4.19M
Feb. 21, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.58 billion
Rev. per Employee
$123,163
loading...
/zigman2/quotes/200603886/composite
US : U.S.: NYSE
$ 21.88
-0.43 -1.93%
Volume: 4.85M
Feb. 21, 2020 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.65 billion
Rev. per Employee
$115,039
loading...
/zigman2/quotes/209129655/composite
US : U.S.: Nasdaq
$ 19.37
+0.13 +0.68%
Volume: 2.34M
Feb. 21, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.93 billion
Rev. per Employee
$62,689
loading...
/zigman2/quotes/207425803/composite
US : U.S.: NYSE
$ 4.14
-0.12 -2.82%
Volume: 3.84M
Feb. 21, 2020 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.05 billion
Rev. per Employee
$147,410
loading...
/zigman2/quotes/208751111/delayed
US : U.S.: OTC
$ 0.08
-0.0021 -2.47%
Volume: 740,127
Feb. 21, 2020 3:52p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$21.77 million
Rev. per Employee
N/A
loading...
/zigman2/quotes/205890489/delayed
US : U.S.: OTC
$ 0.0055
+0.0001 +1.85%
Volume: 30.90M
Feb. 21, 2020 3:59p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.70 million
Rev. per Employee
$744,805
loading...
/zigman2/quotes/210559470/composite
US : U.S.: NYSE
$ 1.67
-0.01 -0.60%
Volume: 13.64M
Feb. 21, 2020 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.95 billion
Rev. per Employee
$94,401
loading...
/zigman2/quotes/203734337/delayed
CA : Canada: Toronto
$ 2.21
-0.02 -0.90%
Volume: 4.19M
Feb. 21, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.58 billion
Rev. per Employee
$123,163
loading...
/zigman2/quotes/200603886/composite
US : U.S.: NYSE
$ 21.88
-0.43 -1.93%
Volume: 4.85M
Feb. 21, 2020 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$7.65 billion
Rev. per Employee
$115,039
loading...
/zigman2/quotes/209129655/composite
US : U.S.: Nasdaq
$ 19.37
+0.13 +0.68%
Volume: 2.34M
Feb. 21, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.93 billion
Rev. per Employee
$62,689
loading...
/zigman2/quotes/207425803/composite
US : U.S.: NYSE
$ 4.14
-0.12 -2.82%
Volume: 3.84M
Feb. 21, 2020 6:30p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.05 billion
Rev. per Employee
$147,410
loading...
/zigman2/quotes/208751111/delayed
US : U.S.: OTC
$ 0.08
-0.0021 -2.47%
Volume: 740,127
Feb. 21, 2020 3:52p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$21.77 million
Rev. per Employee
N/A
loading...
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