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Increasing Acceptance Leads to Massive Opportunity for Smart Companies in CBD Space
- NetworkNewsWire Editorial Coverage
NEW YORK, Dec. 10, 2020 /PRNewswire/ CBD is now legal in all 50 states, and on election day this year, four states voted to legalize the recreational use of cannabis, bringing the total of states allowing recreational cannabis use to 15. This growing acceptance has fueled an influx of new CBD-infused products and brands, leading a Lido Consulting report to note that the total addressable cannabis market (TAM) could potentially hit $1 trillion in global economic impact by 2027. Savvy companies recognize the bright promise of this burgeoning industry and are focused on taking advantage of the massive opportunity. Leading the pack is