By stock_street_wire

Why Investors Should Add CBD to their Portfolio

With Joe Biden heading to the White House, and higher likelihood potential legalization with Democrats in Congress, CBD-related companies could see even better days ahead.  Better yet, cannabis is seeing broader support.

For example, a Pew Research Center survey found that 67% of the US supports legalization.  In addition, a Gallup survey found that 66% of Americans are in favor of legalization. That’s up from just 60% in 2016.

Better, analysts at Nielsen estimate that by 2025, CBD could generate up to $6.9 billion in sales. However, that may be a low estimate, with analysts at Cowen saying sales could reach $16 billion by 2025 with health and wellness products leading the way.

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