CBD Industry

Is CBD in high demand? Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected to boost production for CBD-infused products. … Read more

Is CBD industry growing? With estimated sales of $730 million, the state of California is the country’s leading market for CBD products, according to Statista. While still a relatively small factor in consumer markets, CBD penetration is growing. In 2019, CBD accounted for four percent of the global vitamin and dietary supplements market. Read more … Read more