The CBD beverage market could be worth about $3 billion by 2025, according to analysts at Grand View Research.
In fact, according to the firm, “Rising demand for wellness drinks is anticipated to drive the growth. Moreover, the low sugar content of the product and the presence of an appropriate quantity of cannabis for consumption are the factors projected to fuel the product demand. The legalization of marijuana usage for medical and recreational purposes in many countries is expected to drive the production as well as demand for cannabis-infused beverages.
The increasing use of cannabis for the treatment of neurological disorders, cancer, and pain control is anticipated to drive the demand for cannabis drinks.” That could help drive significant growth for Xebra Brands (CSE:XBRA)(OTC:XBRAF), Aurora Cannabis (NASDAQ:ACB)(TSX:ACB), Canopy Growth (TSX:WEED) (NASDAQ:CGC), Tilray Inc. (NASDAQ:TLRY)(TSX:TLRY), and OrganiGram Holdings (NASDAQ:OGI)(TSX:OGI).
Xebra Brands Ltd. for example just announced that it has been granted trademarks in Mexico for Xebra’s THC and CBD infused beverage brands, including MADCAP soft drinks, and the slogan Crazy Good, HIGHJACK energy drinks, and the slogan Enjoy the Trip, VICIOUS CITRUS lemonades, and the slogan Lemonade for Renegades, HIGHCASTLE waters, and the slogan Drink Like a King, and Xebra’s CBD sports drink CONQUER. Xebra has also been granted the trademark for the slogan It’s High Time.