Recreational cannabis use is illegal in the majority of US states, but the relaxation of hemp and CBD sales has created a set of companies that could more easily grab cannabis product market share if it is legalized. Companies selling CBD products are establishing their brands among consumers, and acquiring shelf space and retail relationships. If recreational cannabis is legalized, those companies can enter that market more quickly than a business starting from scratch. From…
CBD Companies Positioning Themselves for Cannabis Legalization
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