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Growing Adoption of #CBD #Pharmaceutical Grade and Wellness Products Having Healthy Impact on Market Growth – Avicanna $AVCN.ca $WEED.ca $CL.ca $HEXO.ca

Posted by AGORACOM-JC at 11:05 AM on Wednesday, October 7th, 2020

SPONSOR: Avicanna (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) is a Canadian vertically-integrated biopharmaceutical company developing and commercializing various cannabinoid-based products for the global market place. When we say vertically integrated, we mean it.  Avicanna has 4 fully operating divisions to address the entire market for Cannabis products.  As a Cannabis investor, why limit yourself to a Company with just one specialty, when Avicanna offers you exposure to the entire vertical. Learn More.

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Growing Adoption of CBD Pharmaceutical Grade and Wellness Products Having Healthy Impact on Market Growth

  • Global CBD and CBD oil market revenues are projected to continue to rise significantly in the coming years
  • Increasing consumer preference for various cannabidiol infused products such as capsules, cannabis oil, beverages, beauty and skincare products, gummies, and dog treats is further anticipated to drive the CBD oil and CBD consumer health market

PALM BEACH, Fla., Oct. 1, 2020– The global CBD and CBD oil market revenues are projected to continue to rise significantly in the coming years. Increasing consumer preference for various cannabidiol infused products such as capsules, cannabis oil, beverages, beauty and skincare products, gummies, and dog treats is further anticipated to drive the CBD oil and CBD consumer health market. Cannabidiol can enter the body in several ways such as vaping, ingesting, smoking, and through the skin. Growing adoption of cannabidiol to manufacture medical drugs and personal care products in states where cannabis is legal is positively impacting the market growth. The legalization of cannabis-based products has provided a remarkable opportunity for the end-user industries to expand. The growing number of research activities, increasing awareness regarding synthetic cannabidiol, and rising strategic investments by companies are expected to contribute to the overall growth through 2027. 

Read More: https://www.prnewswire.com/news-releases/growing-adoption-of-cbd-pharmaceutical-grade-and-wellness-products-having-healthy-impact-on-market-growth-301142410.html

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