CBD in the News
CBD is one of the top leading industries in growth right now. With the passage of the 2018 Farm Bill, states across the country are now able to regulate the farming of industrial hemp. As this agricultural commodity continues to increase in popularity, the demand for hemp-derived CBD products will continue to escalate. The CBD market is just getting started and has grown from nothing very quickly. Now is the time to get involved with this booming market because by 2022, CBD consumer sales are estimated to reach $22 billion!
Read below for information on the latest news from CBD Hemp Experts, as well as what is happening in the country and across the globe for CBD.
Facts and News to Know…
CBD INDUSTRY EXPECTED TO GROW 700%
The cannabidiol (CBD) market is estimated to grow by 700% by 2020.
– Forbes Magazine
CBD MARKET PROJECTED TO BE $2.1 BILLION
A new report projects the CBD market will grow to $2.1 Billion by 2020 compared to $202 Million in 2017.
– Hemp Business Journal
CBD – PART OF FASTEST GROWING INDUSTRY
CBD along with medical and recreational cannabis arethe fastest growing industry in the USA recently surpassing the wine and beer industry.
– Huffington Post
ALREADY OVER 1,500 STUDIES ON CBD
Over 1,500 studies on CBD and how it works in the body have appeared in peer-reviewed scientific journals.
CBD IS 100% LEGAL IN ALL 50 STATES
Many don’t realize, CBD is legal in all 50 states, as long as it does not contain more than the legal limit of THC.
EXPERTS PREDICT CBD BIGGER THAN NFL
Industry experts predict the CBD industry could eclipses NFL Football in terms of earnings.
AS SEEN ON TV
The benefits of CBD have already been featured on abc, CBS, Fox, NBC, HLN and CNN just to name a few.