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Technology Revolution: The Future of Now

The Highs and The Lows: Cannabis Industry 2020 and Beyond

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9 • 112 Ratings

🗓️ 19 February 2020

⏱️ 53 minutes

🧾️ Download transcript

Summary

The Buzz: “As more and more consumers embrace CBD and its reputed benefits, companies are jumping on the CBD bandwagon. According to the Brightfield Group, a CBD and cannabis market research firm, the legal CBD market is projected to surpass $23 billion in annual U.S. sales by 2023…Recreational marijuana is legal in 11 states and medical marijuana is legal in 23 states.…The firm’s 2019 report on the U.S. CBD market, From Farm to Aisle…notes that large retailers, such as CVS and Walgreens, are leading the charge in introducing the ingredient to mainstream consumers…[and] what products are growing in popularity, such as tinctures, topicals, vape oil and cartridges, and capsules” (www.americanspa.com/cbd/sweeping-nation-future-cbd). We’ll ask Autumn Shelton, CFO, Autumn Brands; Tina Fanucchi-Frontado, CEO, KopSun LLC; Diana Star-Langely, Co-Founder, Infused By Epic; Leialoha Cail, Manager, The Farmacy, for their take on The Highs and The Lows: Cannabis Industry 2020 and Beyond.

Transcript

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0:00.0

Where does yesterday's future, which is already here, really here, really here, meet today's future, which is about to happen, and tomorrow's future, which could be just minutes away?

0:16.2

Welcome to Technology Revolution, the future of now.

0:21.4

Where host Bonnie D. Graham asks savvy futurists for their predictions about the tech-driven

0:27.3

trends that are shaping our future right now.

0:30.8

Here's your host who will take us into the future of now, Bonnie D. Graham.

0:36.0

Oh, I always feel so empowered when I hear that opening. A shout out

0:39.5

and thanks to my co-producer, Mr. Ryan Treasure, the VP of Operations at Voice America

0:45.1

World Talk Radio, my partner in crime here. I'm Bonnie D. Graham. We've got a great show for you

0:49.2

today. I'm so thrilled everybody's here. You have all my listeners around the world have helped make

0:53.3

this show so popular so quickly. We started it in June of 2019, and here we are. Great topic today,

0:59.4

and I'll tell you about something that was posted on Twitter in response to my promo a few minutes ago.

1:04.3

Topic today is the highs and the lows. Take that any way you want. Cannabis industry, 2020 and beyond.

1:10.1

Let me start off with some statistics here.

1:12.1

First of all, I've said cannabis, and that's the basis of our topic, CBD. So, according to

1:18.1

Brightfield Group, a CBD and cannabis market research firm, the legal CBD market, and I said

1:25.4

legal, is projected to surpass 23 billion, that's with a B, in annual U.S. sales by 2023.

1:32.0

Now, do the math.

1:32.8

We're already almost at the end of February 2020, not that far away.

1:36.8

Recreational marijuana is legal in 11 states.

1:39.9

Medical marijuana is legal in 23 states.

1:43.0

Do the math there.

1:44.1

We're going to ask four experts for

...

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