CANNAINVESTOR Magazine October 2017 | Page 122

Current Market for CBD Oil

The market for CBD Oil has been

coined by Forbes to be “The

Cannabis Market That Could Grow

700% By 2020”.

The Hemp Business Journal

estimated that the 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.

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