Hemp Cannabis Product Sales Projected To Hit A Billion Dollars In 3 Years - Cannabis News
Hemp-derived cannabidiol (CBD) is projected to be a billion dollar market in just three years in a new report by the data company Brightfield Group.
The Group estimates that hemp CBD sales have already hit $170 million in 2016 and a 55% compound annual growth rate over the next five years will cause the market to crack the billion-dollar mark.
CBD made from hemp contains less than 0.3% THC, the psychoactive ingredient that is associated with marijuana and is often used to treat various medical conditions.
Click here to read the complete product
Debra Borchardt ~ Forbes.com ~