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s now: In beer, ice cream, tea, coffee, body oils, shampoos, gummy bears, the hamburgers of a national fast-food chain, even doggy treats.
CBD-infused products can be bought on the internet, at gas stations, convenience stores, drugstore chains and retail stores.
Many of the products are vague about what exactly CBD is supposed to do, and the US Food and Drug Administration pro
hibits unproven health claims. Yet that doesn’t stop promises from proliferating on the internet, where arti
cles and testimonials suggest that CBD can effectively treat an array of ailments.
The deluge of CBD-infused products started after US President Donald Trump signed the Farm Bill into law in Dece
mber that legalized the production of hemp, which had been classified as a controlled substance on par with heroin. He
mp contains high levels of CBD, which is termed non-psychoactive, meaning it won’t produce a high feeling.
icorn” was first used by venture capitalist Aileen Lee six years ago to describe a privately held startups valued at $1 billio
n or more, the number of companies matching this label has mushroomed to 326, according to a report.
The United States is home to 156 unicorns, nearly half of the world’s total, followed by China with 94 unicorns, Jeff Desj
ardins, editor-in-chief of media site Visual Capitalist, said in a report called Visualizing the Unicorn Landscape in 2019.
The total valuation of the 326 unicorns has been raised to $1.1 trillio
n by investors, of which almost 30 percent is made up by the top seven unicorns with hig
hest valuation, including Bytedance, Uber, Didi Chuxing and WeWork, the report citing data from CB Insights said.
standardize its business activities in accordance with national laws
and regulations, and earnestly maintain a free, fair and competitive market, qq.com reported.
Of China’s 31 provinces, municipalities and autonomous regions, 10 saw their retail sales nu
mbers exceed the national average growth rate of 8.3 percent during the first quarter, Economic View reported.
Six recorded double-digit growth. Anhui, Jiangxi and Yunnan provinces ti
ed for first place in the first three months, all posting a growth rate of 11.1 percent.
China’s retail sales of consumer goods rose 8.3 percent year-on-year in the January-March period, an improvement ove
r the 8.2 percent rise seen in the first two months, according to the National Bureau of Statistics.
Let’s take a look at the 10 regions with the largest growth in retail sales.