Three CBD Stocks To Dominate A Budding Industry
Charlotte’s Web is the largest U.S. publicly traded pure play on CBD.Cresco Labs is a diversified integrated cannabis company and a leading multistate operator.Jazz Pharmaceuticals and its subsidiary have the only FDA-approved CBD drug on the market.The CBD industry has faced its share of hurdles but one thing is clear: It is here to stay and should grow at a high double-digit compound annual growth rate (CAGR) for the next six years or more. As of 2021, the CBD industry was valued at just over $12.8 billion and is expected to grow at a 20% CAGR through 2028. That’s a gain of 250% over the nex...