CBD is on track to be a $2 billion industry

According to a recent study published by Global Web Index, 64% of internet users would consider using CBD products plus another 15% said they would if stronger evidence of medical benefits was available. This propensity to use CBD is driving an explosion in a market that is projected to grow to roughly $2 billion by 2022. People report that they use or plan to use CBD to treat several health-related issues including general body pain (58%), stress relief (55%), improving sleep (49%) and for preventative medicine (44%). Such a wide application signals that CBD is a great alternative to traditional pharmaceuticals.

 

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