Canopy Growth Exec: CBD Beverage Market Will Hit $1.5B In Coming Years

Tara Rozalowsky, vice president of beverages and edibles at Canopy Growth Corp (NASDAQ: CGC), discussed the latest developments on the CBD front at the Benzinga Cannabis Capital Conference on Thursday.

The Pandemic And CBD: The COVID-19 pandemic helped catalyze what was already a growing demand for CBD products, Rozalowsky said. 

“CBD in general has become so mainstream, hasn’t it? Over the past two years, even before COVID, a lot of us were looking for more progressive, more in-control ways to take control of our physical and mental wellness,” the Canopy Growth exec said.

In the domestic U.S. market, Rozalowsky said about one-third of consumers have already tried CBD products, and another third of the market said they plan to try it within the …

Full story available on Benzinga.com

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