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Posted On: 01/09/2019 7:24:01 PM
Post# of 102133
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$WCVC A study from A.T. Kearney shows that 41% of consumers in the U.S. and Canada would try cannabis-infused food, while Technavio predicts the global cannabis-infused edible products market to grow at a CAGR of over 25% between 2018 and 2022, citing growing social acceptance as the main driver.
Illegal Burger and El Señor Sol are already on top of the trend, previously rolling out the sale of CBD sports water at 11 Denver locations, but WCVC isn't the first company to dabble in CBD, the non-psychoactive chemical in cannabis often used for pain relief without giving patients a high. In October, the Mint Dispensary opened in Arizona, becoming the country's first takeout kitchen to serve meals laced with cannabis, according to Restaurant Business. Some fine dining concepts in California have been experimenting with cannabis, while plenty of consumer packaged goods companies also are dipping their toes into the market — including Constellation Brands.
$4M in Revenues, Zero Debt, Low Float, Edible CBD,THC,Cannabis market, AmeriCanna Cafe in Spring 2019, Franchising.
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