8 Feb 2019 According to Brightfield Group analysts, the CBD market is expected to hit $22 billion by 2022, overtaking the cannabis market with $20 billion 1 Aug 2019 CBD edible sales reached more than $1 billion during 2018 alone. This is expected to continue to grow exponentially to $4.1 billion by 2022. 24 Jun 2019 Under federal law, it is currently illegal to market CBD this way.” predicts the CBD oil business could balloon to a $22 billion market by 2022. 10 Dec 2019 as much as $25 million in 2020 and by more than $100 million in 2022, “USDA Hemp Rules: A Handbook for Hemp & CBD Businesses.”.
We’ve long suspected that hemp had more economic potential than legal cannabis. Now there's data to prove it. According to a new report released today by the Brightfield Group, the hemp-derived CBD market will reach sales of $22 billion by 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent.
26 Apr 2019 The worldwide CBD market is projected to be worth billions in the next said that the hemp-CBD market alone could reach $22 billion by 2022, 12 Sep 2018 Looking forward to relaxed hemp regulations, a new analysis estimates that the CBD market could explode—and outpace marijuana. 6 Mar 2019 Retail sales of CBD more than quadrupled last year. The CBD market is expected to be worth $20 billion by 2022. Read our detailed analysis of 16 Sep 2019 There are several CBD products available not only at dispensaries, but the CBD oil business could balloon to a $22 billion market by 2022. The company plans to begin increasing its distribution of CBD-infused The U.S. hemp-derived CBD market is expected to reach $646 million by 2022, while
New Report Predicts CBD Market Will Hit $22 Billion By 2022 -
U.S. Hemp CBD Market to Triple by 2022 - New Frontier Data Ultimately, mass-market retailers will have bolstered confidence to carry hemp-CBD brands. To date, the mass-market retail channel for hemp-derived CBD has seen less than $1 million in hemp-CBD products sales. By 2022, New Frontier Data estimates mass-market CBD alone to grow to $430 million in sales. Hemp-Derived CBD Market to Reach $22 Billion By 2022 In our latest CBD research report, we estimate the market will grow to $22 billion by 2022. Report: CBD Market To Hit $22 Billion By 2022 We’ve long suspected that hemp had more economic potential than legal cannabis. Now there's data to prove it. According to a new report released today by the Brightfield Group, the hemp-derived CBD market will reach sales of $22 billion by 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent.
Global Medical Marijuana Market 2018-2022| Evolving Opportunities
Hemp CBD to Surpass Cannabis Market by 2022 | Elixinol According to an in-depth analysis of the hemp CBD extract market by the Brightfield Group, hemp-derived CBD products could surpass the cannabis market by 2022. In fact, the Brightfield Group’s report predicts the CBD industry will explode beyond its current value to $22 billion by 2022. Can CBD Market hit $22 Billion by 2022? - Hempworx Affiliate And also, according to a new estimate from cannabis industry analysts the Brightfield Group, the hemp-CBD market alone could hit $22 billion by 2022. Cannabidiol (CBD) got its own reputation because it can provide health benefits to certain conditions unlike its cousin, Tetrahydrocannabinol (THC) that will get you high. CBD Market Could Reach $16 Billion by 2025, New Analysis Finds | Nearly 7% of Americans are already using CBD, placing the potential market opportunity at $16 billion by 2025, according to Cowen & Co. Hemp CBD Infused Product Market Projected to Triple by 2022