Coronavirus Fears Drive Hand Sanitizer Boom; CBD As Calming Agent Also In Demand During Pandemic


The coronavirus fears are driving hand sanitizers and other health products to new heights, quickly setting new anticipated sales levels and outdating earlier predictions. One study from Verified Market Research predicted hand sanitizer would reach $2.03 billion by 2026. Radiant Insights, Inc., earlier said it would hit $5.5 billion by 2024. Today, they’re probably both short due to coronavirus-driven demand. CBD is also an in-demand product for calming nerves, with media showing lines of people in the Netherlands and other countries as CBD shops close.

The global impact of the coronavirus has intensified coverage of CBD and companies that market hand sanitizers and other health-related products. Companies such as feature coverage of CBD and health-related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Johnson & Johnson (NASDAQ: JNJ), Procter & Gamble (NYSE: PG), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT).  Aurora Cannabis Inc. (NYSE:ACB) and OrganiGram Holdings Inc. (NASDAQ: OGI).

Coronavirus Fears Drive Hand Sanitizer Boom; CBD As Calming Agent Also In Demand During Pandemic

The 2024 projection for the hand sanitizer market reaching $5.5 billion or the other for that market hitting $2.03 billion by 2026 are probably both short due to the coronavirus pandemic. As of yesterday, global cases of coronavirus reached more than 182,000 and deaths exceeded 7,000, reports said. Companies marketing the in-demand product include Gojo Industries, Inc., which is privately held and makes Purell; Procter & Gamble (NYSE: PG); 3M (NYSE: MMM); Ecolab (NYSE: ECL) and Unilever Group (NYSE: UN). Johnson & Johnson makes many health-related products (NASDAQ: JNJ).

As retailers scramble to keep shelves full of hand sanitizer, the coronavirus keeps many countries on lockdown orders. Workers are using computers at home and restaurants are only making food available in the U.S. on a dine-out basis. The global lifestyle changes are unprecedented. Coronavirus fears drive hand sanitizer boom; CBD as calming agent also in demand during pandemic.

CBD Unlimited, Inc. (OTC PINK: EDXC) And The CBD Demand As A Calming Agent

CBD Unlimited, Inc. (OTC PINK: EDXC) is participating in CBD demand as consumers seek to remain healthy and solve jittery nerves. Hand sanitizer is a cleanliness necessity today, and CBD is seen globally as a product which can calm nerves. One New York newspaper, read widely, showed a video online of a Netherlands line of consumers at a soon-to-close CD/coffee shop. Consumers see the value in CBD products that calm nerves. Coronavirus fears drive hand sanitizer boom; CBD as calming agent also in demand during pandemic.

CBD is not a cure for coronavirus although its properties address key elements. It is known to offer anti-viral, anti-inflammatory and anti-bacterial properties. It also acts as an effective treatment for nausea and vomiting, which can be induced by the coronavirus in humans. Firms such as CBD Unlimited, Inc. (OTC PINK: EDXC) continue the mission to expand product lines, enter into new classifications and acquire innovative and entrepreneurial companies.

Consumers Seek Health-Related Products And CBD As A Calming Agent

CBD Unlimited, Inc. (OTC PINK: EDXC) ensures its CBD products are highest quality, American-manufactured and tightly controlled by a corporate seed-to-shelf manufacturing strategy. Its hemp is certified and grown in Colorado and Kentucky. It has premium genetics and superior quality, the company said in its recent Corporate Presentation. Its extracts in processing are rich in phyto-cannabinoids and terpenoids which are non-psychoactive. Product is cGMP Certified (Good Manufacturing Practice Certification).

CBD Unlimited, Inc.’s (OTC PINK: EDXC) Hemp Is U.S. And Seed-To-Shelf Strategy Ensures Consistency and Top Quality

Consumers want to make sure any products they consume is top quality. CBD Unlimited, Inc.’s (OTC PINK: EDXC) is able to do that with its seed-to-shelf marketing strategy that ensures complete control over the growing, processing and marketing process. Also, some 70% of all CBD sales are made online. So if  the main impact of a lockdown is felt in stores, dispensaries and other brick-and-mortar locations, CBD is a classification that can be sold online and delivered by several different services. CBD Unlimited, Inc. (OTC PINK: EDXC) is meeting the challenge of lockdowns and changes in lifestyle during this crisis.

Source: Stock Market Press

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