What is CBD?
CBD oil is one of the most researched molecules right now.
Cannabidiol (CBD) is a Hemp compound with significant health benefits
Proven benefits include:
- Amyotrophic Lateral Sclerosis (ALS)
- Substance Abuse/Withdrawal
- Heart Disease
- Irritable Bowel Syndrome (IBS)
Cannabidiol (CBD) is Validated by FDA
FDA approval of a hemp-based drug represents seismic political, legal and economic shifts.
Approval likely will lead to more clinical research
and further validation of CBD therapeutic efficacy.
CBD market projected to explode to more than $2 billion in two years with 39% CAGR. *Cannabis Newswire
CBD vs. THC
Medicinal & therapeutic effects without getting you high
No Fixed Cost: $10-$80
and mind altering effects.
Fixed Cost: $4-$9
is CBD Legal?
The sale of CBD, extracted from the Hemp plant, is entirely legal in 32 countries in Europe.
The sale of CBD, derived from Hemp (our method) is currently entirely legal in all states.
As of Oct 17th, 2018 the sale of CBD for the supplement market is expected to be legal.
According to Arcview Market Research and its research partner BDS Analytics, over the next 10 years, the legal cannabis industry will see much progress around the globe. Spending on legal cannabis worldwide is expected to hit US$57 billion by 2027. The adult-use (recreational) market will cover 67% of the spending; medical marijuana will take up the remaining 33%.
The international market for the cultivation and production of cannabis is currently estimated to be worth US$8 billion and will see a compound annual growth rate of 60 percent as other countries liberalize their cannabis laws. The international market for Cannabis is projected to hit US$31.4 billion by 2021.
Recent reports indicate that the CBD market is estimated to grow by 700% by 2020, and a report by the market intelligence firm Hemp Business Journal projects that the CBD market will grow to $2.1 billion by 2020 [link - http://cnw.fm/7iczS], up compared to the 2016 CBD market of US$202 million.
While United States-based hemp cultivation is a relatively new industry, there is significant international acreage, especially across the European Union and Canada. Global CBD Hemp Oil market size will increase to US$1.1 billon by 2025, from US$150 million in 2017, at a CAGR of 28.3% during the next five years.
Global CBD Oil Market
Growing influence of online retailing
Health benefits of CBD oil
Product innovations in CBD oil market
The market is projected to reach $2,850.61 million by 2021