What is CBD?
CBD oil is one of the most researched molecules right now.
Cannabidiol (CBD) is a Cannabis compound with significant health benefits
Proven benefits include:
Ongoing research:
- Amyotrophic Lateral Sclerosis (ALS)
- Parkinson’s
- Inflammation
- Acne
- Dyskinesia
- Schizophrenia
- Substance Abuse/Withdrawal
- Heart Disease
- Irritable Bowel Syndrome (IBS)
- Psoriasis
- Depression
- Diabetes
- Nausea
- Anxiety
- ADHD
Cannabidiol (CBD) is Validated by FDA
FDA approval of a cannabis-based drug represents seismic political, legal and economic shifts.
Approval likely will lead to more clinical research
and further validation of CBD therapeutic efficacy.
CBD market projected to explode to more than $2 billion in two years with 39% CAGR. *Cannabis Newswire
CBD vs. THC
(Cannabidiol)
Medicinal & therapeutic effects without getting you high
Average Cost/Gram:
No Fixed Cost: $10-$80
(Tetrahydrocannabinol)
Psychoactive
and mind altering effects.
Average Cost/Gram:
Fixed Cost: $4-$9
is CBD Legal?
Europe
The sale of CBD, the non-psychoactive wellbeing extract of the Cannabis plant, is entirely legal in 32 countries in Europe.
USA
The sale of CBD, derived from “hemp” (our method) is currently entirely legal in all states. The sale of CBD, derived from marijuana is currently legal in limited states.
Canada
As of Oct 17th, 2018 the sale of CBD for the supplement market is expected to be legal.
Market Opportunities
According to Arcview Market Research and its research partner BDS Analytics, over the next 10 years, the legal cannabis industry will see much progress around the globe. Spending on legal cannabis worldwide is expected to hit US$57 billion by 2027. The adult-use (recreational) market will cover 67% of the spending; medical marijuana will take up the remaining 33%.
The international market for the cultivation and production of cannabis is currently estimated to be worth US$8 billion and will see a compound annual growth rate of 60 percent as other countries liberalize their cannabis laws. The international market for Cannabis is projected to hit US$31.4 billion by 2021.
Recent reports indicate that the CBD market is estimated to grow by 700% by 2020, and a report by the market intelligence firm Hemp Business Journal projects that the CBD market will grow to $2.1 billion by 2020 [link - http://cnw.fm/7iczS], up compared to the 2016 CBD market of US$202 million.
While United States-based hemp cultivation is a relatively new industry, there is significant international acreage, especially across the European Union and Canada. Global CBD Hemp Oil market size will increase to US$1.1 billon by 2025, from US$150 million in 2017, at a CAGR of 28.3% during the next five years.
Global CBD Oil Market
KEY TREND
Growing influence of online retailing
MARKET DRIVER
Health benefits of CBD oil
MARKET DRIVER
Product innovations in CBD oil market
FORECAST
The market is projected to reach $2,850.61 million by 2021
