The global cosmetics market is a vast, competitive landscape with an expected market value of US$805.6 billion by 2023. With categories spanning skincare, makeup, fragrances, hair care, bath and shower, cosmetics brands compete for shelf space and customer
This competition, coupled with consumer demands, encourages a focus on innovation. Today, consumers are increasingly personalizing definitions of beauty, and many want natural products that provide both cosmetic and wellness benefits. Cannabis is one
of the emergent ingredients helping entrepreneurs deliver on these demands.
As our understanding of the cannabis and hemp plants evolve, so too does our knowledge about the benefits they have for skin care. In the meantime, cannabis beauty products are already popping up in traditional retailers like Macy’s, Sephora, and
Urban Outfitters. These products are often vegan, natural, and sustainable, appealing to more environmentally conscious consumers.
Our cannabis cosmetics landscape highlights over 100 brands that are organized into categories much like their traditional, non-cannabis counterparts. Many of these products contain hemp-derived CBD and are non-psychoactive, enabling them to be sold in
places where cannabis is still illegal.
Did we miss a brand? Send us an email at email@example.com to let us know.
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This is not an offer to sell or a recommendation to trade in any securities. This information is provided as of the date hereof. This document contains data obtained from third parties that Canopy Rivers has not independently verified. This document also contains forward-looking information within the meaning of Canadian securities law, which is based on certain assumptions. While management believes these assumptions are reasonable based on information available as of the current date, they may prove to be incorrect. Many assumptions are based on factors outside of Canopy Rivers’ control and actual results may differ materially from current expectations. Forward-looking information involves risks, including, but not limited to, the risk factors set out in Canopy Rivers’ most recent Management’s Discussion and Analysis and Annual Information Form. You should not place undue reliance on forward-looking information. Except as required by applicable law, Canopy Rivers assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances.
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