September 24th, 2020
CBD market growth over the next ten years will outpace marijuana growth by more than 12-to-one
By the end of this decade, projections are that the CBD market will expand 25-fold, from roughly $2 billion today to over $50 billion! Compared to the marijuana industry forecast to expand only 2 fold in the same time period.
Many cannabis investors are missing the future in this market by micro focusing on marijuana production. They’re overlooking the far bigger story that’s building in hemp production, the source plant for CBD extracts.
While recreational marijuana has been around virtually forever…the market for CBD extracts is still in its infancy…and it’s on a fast track to a $50 billion heavyweight outcome.
The numbers are stunning… and the investment potential more than obvious. CBD market growth is projected to outpace THC market growth by more than 12-to-one.