Three Cannabis Companies Taking Advantage of the CBD-CPG Trend

April 03, 2019 - Winning Media


Wall Street is seeing green.

All as CBD becomes a major ingredient in consumer-packaged goods.

"Hemp-derived CBD has been touted in several medical studies as having a myriad of health benefits ranging from treating psoriasis, atopic dermatitis and eczema to minimizing seizures, stress, and insomnia," says Forbes.

But this is just the tip of the iceberg – there is a global opportunity for hemp-derived CBD that cannot be ignored. The stage is being set for an incredible rally in 2019.

Top companies to watch, as the marijuana market explodes include Weekend Unlimited Inc. (CSE:POT)(OTC:WKULF), Cronos Group Inc. (NASDAQ:CRON), and Canopy Growth Corporation (NYSE:CGC)(TO:WEED).

Weekend Unlimited Inc. (POT)(WKULF) just announced that pursuant to its distribution deal with Infinity One LLC, its Canna Candys brand has begun shipping its initial order to launch the brand in the Northeast USA, to be followed by the Midwest and Southeast.

Following Weekend's Consumer Packaged Goods strategy, Infinity One LLC, will focus on sales through supermarket chains, pharmacies and convenience stores. The agreement with Infinity One LLC to distribute Canna Candys products starts with an initial launch of 1 million gummies with additional SKUs to follow.

"This is a significant step for our Company, our production team has done a terrific job and we are thrilled with the product taste, effectiveness and packaging," said Mr. Paul Chu, Weekend Unlimited President and CEO. "The Canna Candys brand, using Hemp Oil extract, will establish a presence for our products in multiple retail locations, a presence that we will build upon to establish consumer recognition and trust in multiple markets to pave the way for additional product rollouts in the near future."

For More Information on Weekend Unlimited Inc., Click Here.

Cronos Group Inc. (NASDAQ:CRON) has been attracting a good amount of interest as well.

Cronos has been running after announcing a supply agreement with the Ontario Cannabis Store, the sole online retail outlet for recreational marijuana in Ontario. In addition, according to Forbes, "While annualized capacity stood at just about 6,650 kilograms as of Q3, the company is in the process of adding about 110,000 kilograms of capacity in the near term."

For More Information on Cronos Group Inc., Click Here.

Canopy Growth (CGC)(WEED) is attracting interest a good deal of interest, as well. Canopy Growth began adding strategic hemp assets to its portfolio in 2016 focusing on consumer-packaged goods. Recognizing the market potential for hemp and future CBD products, Canopy Growth began investing in field-scale operations in late 2017. Recently, the company was granted a license by New York State to process and produce hemp.

"We do believe the long-term growth opportunities are significant — both from transitioning illicit trade to legal sales, medical sales, and from transitioning sales in health & wellness categories to CBD-infused products," analysts noted, as quoted by CNBC. "Medical cannabis can replace a variety of products (e.g. pain relief, sleep aid, opioid replacement). CBD-infused products (with non-psychoactive properties) could gain share from food, beverage, and personal care categories."

For More Information on Canopy Growth Corporation, Click Here.

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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from addressed or implied by such statements. Winning Media which has a partnership with www.MarijuanaStox.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.

For making specific investment decisions, readers should seek their own advice. Winning Media, which has a partnership with www.MarijuanaStox.com, is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media (partners of MarijuanaStox.com) and Weekend Unlimited Inc., Winning Media has been paid four thousand dollars for advertising and marketing services for Weekend Unlimited Inc. We own ZERO shares of Weekend Unlimited Inc. Please click here for full disclaimer.

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