CBD sales in U.S. expected to rise 125% YOY for next five years, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC)
CBD sales in the U.S. were projected to reach $3.08 billion in 2019 and to accelerate at a 125% YOY rate over the next five years, according to projections by site Market Business News. That jump is at once an opportunity and a challenge for CBD processors, marketers and retailers/dispensaries. As of right now, the bulk of sales are still made online and brand product identity is made through social media such as TikTok. CBD sales in U.S. expected to rise 125% YOY for next five years, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC).
The projects for a rise in CBD sales is attracting media attention. Companies such as stockmarketpress.com features enhanced 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) and Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF), The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) and OrganiGram Holdings Inc. (NASDAQ: OGI).
CBD sales in U.S. expected to rise 125% YOY for next five years, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC)
Marketing needs to be aggressive for products such as oils. Experts recommend not paid ads but short form, Google search engine driven online content that keeps browsers up to date on the newest CBD trends and where to buy product. Fresh content online that informs is the best way to reach customers. Think of title searches a customer may want — the size of market, hyperlinks to leading and safe brands. CBD sales in U.S. expected to rise 125% YOY for next five years, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC).
CBD Market Growth Creates Opportunities For CBD Unlimited, Inc. (OTC PINK: EDXC)
Letting consumers know how much CBD has gained global acceptance as a medical therapeutic as well as a recreational drug is significant. The fact that it is legal throughout Canada and many european countries is reassuring to new information-seekers about CBD. CBD sales in U.S. expected to rise 125% YOY for next five years, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC) because there remain so many more consumers who are willing to try CBD if given the opportunity. Research finds that more than 40% of consumers aged 21 and higher say they would consider trying CBD.
CBD Unlimited, Inc. (OTC PINK: EDXC) Ships Nationwide Throughout The Continental U.S.
In its web site, CBD Unlimited, Inc. (OTC PINK: EDXC) writes in its FAQ section that it will ship CBD product throughout the continental United States. This is important information for new CBD consumers who want to buy CBD products discreetly at first and are not sure about the rules in their state. By directly addressing the availability to its high quality branded CBD, this company makes buying its CBD products easy for consumers. That’s the first step in creating a loyal and repeat consumer.
CBD Unlimited, Inc. (OTC PINK: EDXC) also places its CBD products on greater than 5,000 mass market shelves in stores and pharmacies, in branded self-service kiosks in wellness centers and on social media such as TikTok. CBD sales in U.S. expected to rise 125% YOY for next five years, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC).
Source: Stock Market Press
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