Legislative Changes Provide New CBD Growth Opportunities, Green Hygienics Holdings Inc. (GRYN) Set to Benefit from Market Liberalization
Industry representatives believe that CBD has become “too big to fail” as a result of the legislative changes that occurred at the end of 2018 Since hemp has been taken off the controlled substances list, the CBD market is anticipated to grow rapidly and reach $22 billion by 2022 These changes will lead to intense competition and the need for more effective cultivation methods; because of such trends, companies like Green Hygienics Holdings are expected to benefit from rapid growth opportunities in 2019 and beyond The legal status of hemp finally changed at the end of 2018, and, according to…