Since the Federal legalization of CBD derived from Hemp, a new and exciting market with great investment/profit potential has developed.
Hemp CBD is the next healthcare phenomenon and the next premier beauty and lifestyle ingredient.
The Brightfield Group “is calling for year-over-year CBD product sales increase from $5B in 2020 to approximately $17B by 2025”. During the Covid-19 Era, the market has dramatically increased higher with 50-60% of purchases made online.
The five largest companies in the Hemp-CBD market are Charlotte’s Webb, cbdMD, CBD Distillery, Medeterra and Green Roads.
Of these only Charlotte’s Web and cbdMD are pureplay in the hemp CBD marketplace. cbdMD went public through REG A IPO in December 2018. Subsequently,they have completed a major acquisition and currently has a market valuation of $250M.
Similarly, with the five largest companies commanding less than 10% of the total Market, we are aggressively evaluating the “Non-Public” market of companies for our possible acquisition.