CBD-Infused Foods Becoming A New Health Trend

NEVADA: CBD-infused foods are gaining strong momentum in the market as consumers demand more healthy food options. CBD is considered a healthy alternative to pharmaceuticals that have horrible side effects, like opioids. It can be used as one component in holistic health treatments. As CBD-oil infused markets continue to gain traction, healthy food options are growing.

Traditionally, consumers think of CBD-oil infused edibles as cookies, gummy bears, or brownies. Now companies are producing healthy food products to meet the needs of those seeking healthy alternatives to traditional CBD-infused snacks. CBD is a non-intoxicating cannabis compound with several therapeutic properties. Infusing this compound into healthy foods is helping consumers fight anxiety, pain, over-eating, and insomnia.

Hemp Business Journal estimates the hemp industry will grow to $1.8 billion in sales by 2020, led by hemp food, body care, and CBD-based products. The enormous potential for expansion shows big revenue possibilities for investors and companies as operations and new products hit the market almost daily.

Data Projects Further Growth For The Legal Cannabis And CBD Markets

NEW YORK: According to Grand View Research, the global medical cannabis market is expected to reach USD 55.8 billion by 2025. Increasing use of cannabis for medical purposes is one of the key factors that drives the market. The CBD market is projected to experience rapid growth in the cannabis industry due to its medical benefits, which are highly in demand.

According to a report published by Hemp Business Journal, the CBD consumer market is expected to reach $2.1 billion by 2020.  Hemp Business Journal Founder and Publisher, Sean Murphy, explained, “The CBD Report is the culmination of more than a year of focused market research. We’ve been to IsraelEuropeCanada and to farms, labs and retailers across the U.S. to cover the hemp industry. By analyzing consumer sales in the hemp and marijuana industries, we’ve provided the first view to investors, executives and regulators on what’s really happening with CBD, the hottest category in the broader multi-billion dollar cannabis industry.”

The Growth Of The Hemp CBD Markets

NEW YORK: According to a research conducted by Hemp Business Journal and Vote Hemp, the Hemp CBD is a market with $130 million in sales with growth at a 53% AGR (Adjusted Growth Revenue). This as a result contributed to the $688 million in total Hemp sales in 2016.

The Hemp CBD category was led by channel sales in natural and specialty products such as smoke shops and online verticals. As well in 2016, SPINS, the leading market research firm for natural products, has listed that $2,470,000 worth of products has used CBD as a primary ingredient. Currently CBD-based pet care products are a ‘growth category to watch’ in 2017.

Eric Steenstra, President of Vote Hemp has referenced, “To date, 31 states have passed legislation that allows hemp farming per provisions set forth in the 2014 Farm Bill, and the U.S. remains the largest consumer market for hemp products worldwide. We need Congress to pass federal legislation to allow commercial hemp farming nationally, to let our farmers and American businesses take advantage of the robust economic opportunity hemp provides.”

New Report: U.S. CBD Sales to Reach $2.1B by 2020 With $450M From Hemp Industry

COLORADO: The Hemp Business Journal (HBJ), the hemp industry’s authority on big data and market intelligence, has released The CBD Reportshowing cannabidiol as one of the fastest growing market categories in the U.S. hemp and legal marijuana industries with a compound annual growth rate of 59%.

Partnering with market leading consumer data experts SPINS and BDS Analytics, market modeling experts and hemp insiders with years of experience and sales data, Hemp Business Journal estimates the total U.S. 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. Projections to date for 2016 indicate the hemp-derived CBD market is poised to grow to $115 million by the end of the year.

The hemp-derived CBD market grew from a market that was barely noticeable a few years ago to $90 million in 2015 for consumer sales of CBD products. Hemp Business Journal shows another $112 million of marijuana-derived CBD products were sold through dispensaries in 2015, for a total CBD market size of $202 million in 2015 across all hemp and legal marijuana markets.

The CBD Report is the first comprehensive market overview to define and analyze the acceleration of the emerging CBD market category. The report features the first ever analysis across consumer sales in seven consumer channels including Dispensaries, Natural and Specialty Retail, Mass Market, Practitioner, Internet, Smoke/Head Shops and Pharmaceuticals. Until now, no other market report has combined analysis of hemp and legal marijuana consumer sales to show a cumulative view of where the broader cannabis industry is trending.

The CBD Report also includes an investment guide and coverage of market leading companies including GW Pharmaceuticals (NASDAQ: GWPH), Insys Therapeutics, CV Sciences (OTCQB: CVSI), Bluebird Botanicals, Atalo Holdings, CW Hemp, O.pen Vape, Dixie Elixirs and more.

“The CBD Report is the culmination of more than a year of focused market research. We’ve been to Israel, Europe, Canada and to farms, labs and retailers across the U.S. to cover the hemp industry. By analyzing consumer sales in the hemp and marijuana industries, we’ve provided the first view to investors, executives and regulators on what’s really happening with CBD, the hottest category in the broader multi-billion dollar cannabis industry,” said Hemp Business Journal Founder and Publisher, Sean Murphy.