Is CBD market becoming the next billion dollar industry ?
- Marison Miller
- Jun 9, 2021
- 2 min read
“According to Forbes, the CBD (cannabidiol) market is going to become the next billion dollar industry and will grow by a staggering 700% in the next couple of years. By 2026 the cannabis industry is projected to be at $50 billion and a good portion of that will be due to hemp oil products. A new estimate from cannabis industry analysts the Brightfield Group, says this market alone could hit $22 billion by 2022.

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Gotta admit, it sounds pretty good so far, and CBD most definitely is a hot topic. So let’s look at what CBD is.
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