GREY:CBDHF - Post Discussion
Post by
StockHawk1 on Dec 31, 2021 6:03pm
$CBD ready for FDA changes
In a recent article, The Financial Post highlighted some reasons to invest in $CBD.
Firstly COVID-19 increased consumer awareness of personal health which is expected to continue to benefit wellness companies like $CBD. The market for CBD-based consumer packaged products specifically is expected to increase to $19.5B by 2025.
Additionally, regulatory changes are expected to be made to Bill HR841 which states that CBD is a drug. It is expected that the FDA will allow for supplements to be produced from hemp-derived CBD. Because $CBD has an FDA compliance strategy in anticipation of these changes the company is positioned to win a meaningful share of the market once the FDA's CBD guidelines change.
$CBD also owns assets that go beyond CBD products including Probulin Probiotics which is currently the fastest-growing probiotics brand.
Today $CBD.u closed at just $0.15/share
MC is $24.531M
https://financialpost.com/business-trends/meet-hempfusion-a-company-harnessing-the-power-of-whole-plant-nutrition
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