CGC - Charlotte's Web Vs. CV Sciences Vs. Elixinol And A Saucy Intruder Too
Note: All dollar figures herein have been converted to U.S. dollars. Elixinol Global reports results in Australian dollars.
The CBD Market: Tremendous Growth Expected
The CBD market is hot. Sales have been growing quickly and are projected to continue growing. Above are two projections of the CBD market - one used by Charlotte's Web (CWBHF) and one used by Elixinol Global (ELLXF).
In each projection, the CBD market is expected to grow by 45-70% per year for at least three years from 2018. In Charlotte's Web's projection, the total market for CBD products in