The CBD and Cannabis Industry Enters New Phase of Significant Growth with Global Markets Estimated to Reach $1 Trillion Annually by 2030
With CBD getting a legal green light and heralded as one of the fastest growing nutritional trends seen in decades, the so-called Cannabis “Gold Rush” is entering a phase of significant growth that’s far outpacing earlier expectations. According to industry experts, more than 20 Cannabis and CBD companies have now reached the $1 Billion mark and many more are rapidly moving that way. Some of the biggest players with the largest recorded growth are in the U.S., and only a handful of those companies even existed three or four years ago.
U.S. CBD and Cannabis stock prices are soaring with word that the U.S. Congress is looking to push through Cannabis friendly legislation over the coming months including a bill that would allow for federal Cannabis banking. Industry analysts say 2019 and 2020 revenue is expected to be “nothing short of remarkable!”
The news is good news for CBD-based companies like NEWYOU that are perfectly positioned to capitalize on the anticipated growth with innovative products and opportunities that enable the average person to start a CBD business from home. Founded in 2018, NEWYOU is literally at the ground floor of the oncoming tidal wave of growth. Newly released estimates indicate that the CBD and Cannabis global health and wellness industry could reach $1 Trillion annually by 2030.
If you didn’t know you were in the right place at the right time…YOU do now!
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