In this article, I will outline some of the trends in the cannabis industry. As such, it is likely that industry leader Canopy Growth (CGC) will continue to have a growing business in the coming years as cannabis gains popularity, research increases on CBD, and the US federal government potentially legalizes marijuana.
Introduction
Cannabidiol, a key cannabis extract also known as CBD, has become an increasingly popular consumer trend in recent years. It can be found in products in prominent retailers like Walgreens (WBA) and CVS (CVS) and has an ever-increasing amount of