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Forbes Says:
“Hemp Cannabis Product Sales Projected To Hit $1 Billion In 3 Years.”
“…cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group. The data company 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 market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. That’s a 700% increase from 2016.”
Business Insider Says:
“…CBD Market Projected to Surge.”
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