Cannabis demand from different end-user sectors such as food and beverage, personal care and cosmetics, and pharmaceuticals is projected to drive the expansion of the Cannabis market by a huge margin. The global cannabidiol market size is expected to reach USD 13.4 billion by 2028. The market is expected to expand at a CAGR of 21.2% from 2021 to 2028. Hemp CBD stocks are recently gaining traction and should be on any stocks watchlist.
Conventional stock markets like the NASDAQ are continually listing and trading more and more companies from this industry, such as Tilray Inc (NYSE:TLRY), Canopy Growth Corp (NYSE:CGC), and IM CANNABIS CORP (NYSE:IMCC)
Endexx Corporation ( OTC;EDXC) is a promising company operating in this market. It has been formulating and distributing high-quality CBD products to improve quality of life since 2014.
Their international expansion through provisional licenses in Jamaica, clearance to distribute in Guam has greatly improved distributional reach in North America. They have also launched a new ‘Value Line’ with optimal price points and performance products. The company recently revealed the launch of their new website to come forward with a new level of transparency in corporate communication. With several projects like BLESSWELL and a new improved website, Endexx Corporation ( OTC;EDXC) is sure to grow in the global Cannabis Market place.
$EDXC $CGC $ACB $CWBHF
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