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Posted On: 06/20/2019 7:25:28 PM
Post# of 199
Three of the Most Innovative Cannabis Beauty Stocks of 2019.
There is a great deal of room for innovation in his sector, and topicals and beauty products are expected to explode with legalization and the entry of major consumer packaged goods companies," notes market research firm, The Brightfield Group.
In fact, thanks to cannabis, profit margins for concentrates and infused products in the sector are estimated at around 32% - significantly higher than those typically realized by alcohol, soft drinks, and cigarettes, according to the Marijuana Business Factbook.
Beauty and wellness companies already benefiting include The Yield Growth Corporation (CSE: BOSS) (OTC PINK: BOSQF), Estee Lauder Companies Inc. (NYSE: EL) and Sephora USA Inc., a subsidiary of LVMH Moet Hennessey Louis Vuitton (OTC PINK: LVMUY).
https://www.google.com/amp/s/finance.yahoo.co...00466.html
There is a great deal of room for innovation in his sector, and topicals and beauty products are expected to explode with legalization and the entry of major consumer packaged goods companies," notes market research firm, The Brightfield Group.
In fact, thanks to cannabis, profit margins for concentrates and infused products in the sector are estimated at around 32% - significantly higher than those typically realized by alcohol, soft drinks, and cigarettes, according to the Marijuana Business Factbook.
Beauty and wellness companies already benefiting include The Yield Growth Corporation (CSE: BOSS) (OTC PINK: BOSQF), Estee Lauder Companies Inc. (NYSE: EL) and Sephora USA Inc., a subsidiary of LVMH Moet Hennessey Louis Vuitton (OTC PINK: LVMUY).
https://www.google.com/amp/s/finance.yahoo.co...00466.html
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