No Borders Inc. (NBDR) Accesses Lucrative Niche as Big Players Ease Up on CBD Research and Development

February 5, 2020 12:13:18
  • The FDA has reiterated its position of not currently allowing the marketing of CBD by adding it to a food or labeling it as a dietary supplement
  • Tight FDA requirements provide an opening for startups like No Borders, Inc., which leverages blockchain supply chain technology to ensure and confirm the quality of CBD products
  • Sales of all legalized cannabis in the U.S. are projected to reach $41 billion in 2025, including $6 billion from hemp-derived CBD products.
  • CBD product sales to consumers to reach an estimated $20 billion by 2024

There is no denying that cannabidiol (CBD) is a booming market if there ever was one. However, recent developments spearheaded by the Food and Drug Administration have led analysts to expect some consolidation in the market with a consumer focus on quality, the Wall Street Journal reports.

“Aside from one prescription drug approved to treat two pediatric epilepsy disorders, (CBD) products have not been approved by the FDA, and we want to be clear that a number of questions remain regarding CBD’s safety,” Amy Abernethy, principal deputy commissioner for the…

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NOTE TO INVESTORS: The latest news and updates relating to NBDR are available in the company’s newsroom at

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