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New Report Predicts CBD Market Will Hit $22 Billion by 2022 - Cannabis News
Looking forward to relaxed hemp regulations, a new analysis estimates that the CBD market could explode - and outpace marijuana.
For years, experts have predicted that if the cannabis industry expands at its current rate, the American market will reach $20 billion by 2020.
But it turns out that one market is spinning off into a mega-industry of its own: according to a new estimate from cannabis industry analysts the Brightfield Group, the hemp-CBD market alone could hit $22 billion by 2022.
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Elizabeth Garber-Paul ~ RollingStone.com ~
- Written by Bruce Kennedy - Editor in Chief
- Category: Cannabis News