But enterprise executives cautioned investors that it is “too early to speculate” on how huge the European market place for CBD will turn out to be.
“It’s fair to estimate that the U.S. CBD market place will probably be the biggest contributor (to sales) over the subsequent year or two,” Cronos CEO Michael Gorenstein stated.
He stated the enterprise sees “significant opportunity” for CBD in Europe, but he cautioned against producing sales projections.
“It’s possibly also early to speculate on specifically how promptly the European market place will unfold for CBD,” Gorenstein stated.
“I do not feel we have the very same clarity as we do for the Canadian market place or the U.S.”
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