CBD has been created one of the biggest growth stories of 2019.
Not only has it transformed multi-billion-dollar industries including alcohol, health and wellness, cigarettes, and the retail industry, it’s impacting food, too. In fact, everything from gummy bears and cookies to candy and brownies are being infused with CBD.
Better, the U.S. FDA could provide a substantial boost to cannabis stocks in weeks.
On May 31, 2019, the government agency will hold its first public hearing on legalizing CBD in food and drinks, to figure out how to regulate such products.
As the story unfolds we could be witness to a sizable cannabis boom. Some of the top
beneficiaries include Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQX: LDSYF), CV Sciences Inc. (NASDAQ: CVSI), and iAnthus Capital Holdings Inc. (CSE: IAN)(OTC: ITHUF).
Lifestyle Delivery Systems Inc. (LDS)(LDSYF) just announced that its flagship product, Cannastrips will be presented at the Hall of Flowers (HoF) event. This event is known for having some big-name speakers such as Gary Vaynerchuck and Chelsea Handler. HoF is one of the few if not only business to business trade shows. Instead of consumers coming to the booth to purchase product it will be an estimated 300 to 400 buyers and procurement managers from retail and distribution companies coming to talk with brands about placement into stores. .
”The Hall of Flowers event is one of the best ways to expose multiple dispensaries and distributors to our product line at one location. Casey Fenwick our President will be at the event representing both CannaStrips, Reveur and white label products,” notes CEO Brad Eckenweiler.
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