$PBIO's scientific and patented breakthrough in the CBD market is useful to dozens of CBD companies that seek to improve the absorption rate of their products. Projected revenue for CBD infused beverages is $220 million by 2022. But that is only one industry in which PBIO can utilize. The company does not even consider the cannabis sector as its most important market. Several other industries can benefit from a process that creates a truly water soluble oil.
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