CBD Profitability A Stock Opportunity
The U.S. hemp-derived CBD market is estimated to jump from an estimated $5 billion market today by research firm the Brightfield Group to $24 billion by 2023. Investors will find CBD profitability opportunities in stocks as the market grows.
Brightfield Group research finds that the CBD market will grow 706% from 2018 levels to reach the $24 billion by 2023, its report shows. Publicly held CBD companies are jockeying for position in this fast-growing market, seeking to cut costs as they maximize sales and grow market share.
At first, Brightfield Group found that CBD was limited only to cannabis-specific retailers, such as vape shops and hemp outlets. But now more mass market chains are beginning to stock CBD as well as pharmacies and specialty outlets, such as bodegas and convenience stores. Whatever stigma was attached to CBD is gone and CBD appears on more shelves.
In fact, CBD profitability is all but assured as major mass markets are projected by Brightfield Group to take well more than half of all CBD retail sales within a year. In fact, there is pressure on manufacturers to produce enough product to meet demand. As article in StockMarketPress.com analyzed the importance of CBD suppliers guarding their proprietary assets with high technology systems.
CBD Unlimited, Inc. (OTC PINK: EDXC) is a small cap stock positioned to gain market share and grow in this hard-charging CBD market, at home and abroad. To achieve CBD profitability, CBD Unlimited is targeting niche retail outlets as well as mass market retailers and pharmacies. It is marketing CBD consumers for pets, hemp derived consumables for humans, and a seed-to-store vertical integration strategy designed to grow share abroad as well.
Marketing to diverse retailers, from bodegas to convenience stores, is a winning formula for CBD Unlimited, Inc. (OTC PINK: EDXC). Conventional retailers offer a route to CBD profitability, but un-conventional markets can help, too. CBD Unlimited is marketing CBD infused consumables for pets. Brightfield Group predicts the pet CBD market will explode from almost $500 million today to $1.7 billion by 2023.
CBD Unlimited, Inc. (OTC PINK: EDXC), in a fast-paced environment, plans to outpace the market by projecting revenue expansion of 145% year-over-year growth over the next five years, management said in its December 2019 Investor Presentation.
E-commerce is key in the CBD industry. Research shows that nearly 70% of sales are made online, CBD Unlimited, Inc. (OTC PINK: EDXC) writes in its corporate presentation. It projects 2020 revenues at some $1.6 million including CBD healthcare and pet accessories. Also, to achieve CBD profitability, CBD Unlimited, Inc. (OTC PINK: EDXC) plans to address the specialty segment of sales growth. In addition to online, this includes bodegas, convenience stores, pet stores, vet offices, health & wellness outlets as well as a new and significant wrinkle in the market: automated kiosks.
CBD Unlimited, Inc. (OTC PINK: EDXC) hosts the Gorilla-Tek™ System to build its vertically integrated global platform. In sales through high-technology kiosks placed in locations ranging from malls to assisted living facilities, CBD and items such as blood glucose strips and regulated products, these vending machines with the CBD Unlimited logo identifying them, build customer loyalty and sales, the company presentation reported.
Cave Creek, Arizona-based CBD Unlimited, Inc. (OTC PINK: EDXC) has reported an 88% increase in its annualized sales for the 12 months ended December 2019 versus the prior year. The CBD products company exceeded its goal of placing product in some 5,000 retail mass retailers and pharmacies, it announced. It also finalized the deal to collaborate with First Foods Group, Inc., on producing hemp based CBD food products. Domestically, it also has been able to install in 1,500 stores in ten states its New Premium Blue Line BalmX and MistX.
Believing the CBD market is undeserved today, CBD Unlimited, Inc. (OTC PINK: EDXC) sees opportunity for its portfolio of oils, topicals, edibles and capsules in the most popular CBD categories. CBD profitability in this quick-growth and creative market will be won by marketers which can adapt to changes and seize opportunities.
Investors are facing CBD stock growth in a surging multi-channel industry domestically and internationally in hemp-derived CBD food and beverages, pet CBD consumers market, international expansion and success in a seed-to-store structure that provides vertical integration.