
Blessed CBD, a subsidiary of High Tide Inc. (NASDAQ:HITI) (TSXV:HITI) (FSE: 2LYA) has entered the German market with online sales of its full spectrum CBD oils, gummies, capsules, creams and balms. Additional CBD product categories will be introduced for sale in the German market in the coming months. Fulfillment will be facilitated through High Tide's existing Amsterdam based warehouse.
The largest CBD market in Europe, Germany is poised to experience a significant increase in demand for CBD products in the coming years. The growth in demand for high quality CBD products is an international phenomenon, with Fortune Business Insights projecting global demand to reach $56 billion by 2028, equating to a Compound Annual Growth Rate of 47%.