The Highs and The Lows: Cannabis Industry 2020 and Beyond

The Buzz: “As more and more consumers embrace CBD and its reputed benefits, companies are jumping on the CBD bandwagon. According to the Brightfield Group, a CBD and cannabis market research firm, the legal CBD market is projected to surpass $23 billion in annual U.S. sales by 2023…Recreational marijuana is legal in 11 states and medical marijuana is legal in 23 states.…The firm’s 2019 report on the U.S. CBD market, From Farm to Aisle…notes that large retailers, such as CVS and Walgreens, are leading the charge in introducing the ingredient to mainstream consumers…[and] what products are growing in popularity, such as tinctures, topicals, vape oil and cartridges, and capsules” (www.americanspa.com/cbd/sweeping-nation-future-cbd). We’ll ask Autumn Shelton, CFO, Autumn Brands; Tina Fanucchi-Frontado, CEO, KopSun LLC; Diana Star-Langely, Co-Founder, Infused By Epic; Leialoha Cail, Manager, The Farmacy, for their take on The Highs and The Lows: Cannabis Industry 2020 and Beyond.