With the cannabidiol market growing at approximately 50% per year with a total market opportunity estimated at $2B by 2022, the company is announcing that it is in active discussions with “several leading CBD companies to identify the best partner to create high-quality reliable CBD products. Several of the largest U.S. retailers have already announced plans to sell CBD-containing products and are looking for partners such as Perrigo to deliver a safe and reliable product.”
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