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Top Global CBD Oil Suppliers
According to ThomasNet, the top global CBD oil suppliers by revenue are Canopy Growth Corporation, Tilray, Elixinol, GW Pharmaceuticals (recently acquired by Jazz Pharmaceuticals), and Aurora Cannabis.
With almost double the revenue as the nearest competitor (which can be seen at the bottom of the page), we expected Canopy Growth to show the highest number of global searches, but instead, we saw Tilray take center stage as the company with the most searches.
Global Search Popularity
Numbers represent search interest relative to the highest point on the chart for the given region and time.
A value of 100 is the peak popularity for the term. A value of 50 means that the term is half as popular. A score of 0 means there
was not enough data for this term.
Tilray, a Peter Thiel backed cannabis company, is the first cGMP certified medical cannabis producer of dried flower and extracts. Their recent spike in search interest could be related to the popular Reddit forum, /r/wallstreetbets, singled out the stock for being heavily shorted. Along with its December 2020 merger with Aphria, this may have been a large contributor to its price surge within the last 90 days, and subsequently, it’s increase in search popularity.
Financial Figures For The Top 5 Most Searched Companies
|Top global suppliers of cbd oil company||Estimated annual revenue||Search popularity rank|
|Canopy Growth Corporation||$ 77,900,000||2|
|Elixinol LLC||$ 37,100,000||5|
|GW Pharmaceuticals||$ 19,391,000||4|
|Aurora Cannabis||$ 19,147,000||3|