CBD is in the Spotlight as Consumer Appetite for Health Products Grows
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: PR Newswire
NEW YORK, March 19, 2020 /PRNewswire/ -- Over the past several years, the sale of cannabidiol-based (CBD) products has rapidly increased due to varied, yet successful, legalization efforts. Specifically, in regions such as the U.S. and Canada, consumers have shown a strong demand to purchase such products in retailers, where CBD is sold in various forms such as topicals, beverages, tinctures, and patches. Notably, major retail corporations such as Amazon, Walgreens, and CVS have all decided to sell CBD products in-store as well as on their online platforms. The passage of the U.S. Farm Bill in late 2018, which legalized the commercialization of hemp-derived products, was a major contribution to the acceleration of the market. Shortly after the passage of the bill, retailers throughout the country began to stock up on CBD products as consumers became increasingly inquisitive. At the market's inception, most consumers generally had little to no knowledge about CBD, except for the fact t
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CGC
Earnings
- 11/8/24 - Miss
CGC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/17/24 - Form 8-K
- CGC's page on the SEC website