- Entrance into the mainstream retail market and changing attitudes toward wellness are forecast to increase the popularity of CBD oil products in the years to come
- Companies that establish their market position now will be primed to benefit from increased recognition in the future; Neutra Corp. is actively working to accomplish this goal
- To achieve vertical integration, Neutra has finalized the acquisition of VIVIS, a renowned CBD brand, and is also looking into the acquisition of companies that have cultivation and production licenses
The popularity of CBD is growing constantly, with market forecasts indicating that the global CBD industry is likely to reach $22 billion by 2022 (http://cnw.fm/1nijW). One of the main reasons CBD’s popularity has exploded as of late is related to its multiple health benefits, according to clinical research. Various studies carried out over the years indicate that CBD has anti-inflammatory, anti-anxiety and cognitive-boosting qualities.
In addition, CBD has proven to be incredibly versatile. It’s being featured in a much bigger range of products than any other prominent wellness and health ingredient. CBD can be utilized in many different delivery systems. The ingestion delivery system is used to create foods, beverages, candy and…
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