Oct 7, 2019
The global hemp-derived CBD oil market reached $591 million in 2018 and is anticipated to grow to $22 billion by 2022 (http://cnw.fm/dTe3n). Wellness and health products are expected to drive this growth as awareness about the benefits of CBD oil continues to increase.
CBD oil was first highlighted in the early 2010s, when reports emerged of it being used in the treatment of children with epilepsy. Since then, multiple additional health benefits have been researched and confirmed. CBD oil has taken off commercially, especially after the passage of the federal Farm Bill. The changing legislative framework has made it…
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