Charlotte’s Web CBD: Why Charlotte’s Web is the King of US CBD

Charlotte's Web CBD

The hemp-derived CBD market is expected to grow to $22 billion USD by 2022. At that level, hemp will be one of America’s most lucrative commodities. Because Charlotte’s Web CBD is at the center of this industry, Charlotte’s Web Holdings (CSE:CWEB) (OTCQX:CWBHF) is one of the most sought after CBD shares on the market.

Charlotte’s Web CBD

According to Brightfield Group, last year the hemp-derived CBD market took in an approximately $591 million. The estimation stated above would suggest that the industry is poised to grow 40 times in the next four years. That level of growth equals huge investment potential, especially for early investors.

And we are already seeing the proof: CWEB stock has packed on 80% in value since the end of 2018. Selling for $28.16 CAD on the CSE and up 5.63% at the time of writing, CWEB is already not the cheapest hemp stock out there.

But there’s a reason it is so sought after, and it’s hard to see these shares leveling out anytime soon.

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Across America

As a CBD producer and distributor, Charlotte’s Web CBD is on the shelves in major retailers such as Walmart (NYSE:WMT), Target (NYSE:TGT), and CVS Health (NYSE:CVS) all across the US. Another prediction from the Brightfield Group says that by 2022, 64% of all CBD sales will come through these chains.

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With Charlotte’s Web CBD on sale in most drug and grocery stores, revenue can be expected to skyrocket in the next few years.

Further to that, with its products in 3,700 stores, Charlotte’s Web Holdings sells everything a CBD-user would want: tinctures, creams, capsules, and more. It also has an online sales platform and a line of pet-focused CBD products. This sector is a niche area that is already booming at present.

Farm Bill Post

Charlotte’s Web CBD was already a global leader for hemp-derived CBD before the Farm Bill passed in late December 2018. Now, the potential ahead is huge as retailers embrace the hemp-derived CBD industry and Charlotte’s reach expands to more and more stores.

According to Investorplace, “CWBHF has the No. 1 brand market share in the country.” So do you see the value in Charlotte’s Web CBD? Would you invest in the no. 1 brand market share company?

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