Nearly 7 percent of Americans are already using cannabidiol, or CBD, placing the potential market for the much-hyped cannabis compound at $16 billion by 2025, according to a new analysis by Cowen & Co.
Cowen’s January consumer survey of approximately 2,500 adults found 6.9 percent of respondents use CBD as a supplement.
Sativa Investments (NEX:SATI) is the UK’s first medicinal cannabis investment vehicle. After investing in two North American businesses, it is now progressing a UK seed to consumer investment strategy with 100% ownership of businesses involved in the production, testing and compliance, research & development including pharmacology, commercialisation and sales & marketing of medicinal cannabis and cannabidiol products. Two UK businesses, George Botanicals and PhytoVista Laboratories, are already fully operational.