Despite Legal Issues – CBD Market to Expand in 2020

While there remain significant legal risks with advertising CBD and Marijuana products, the market is expected to grow.  A recent analysis by Nielsen found

“We project that the U.S. hemp-based CBD market could be a $2.25 billion to $2.75 billion industry in 2020. These conservative projections already account for hampered FDA rulings and other possible speed bumps for the hemp-CBD marketplace.

While the regulatory roadmap remains ambiguous, one thing is clear: The next decade for the hemp-based CBD market has the potential to be a game changer for the traditional CPG and retail industry.”

To see the full analysis from Nielsen Click HERE.

 

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