A Look at the Future of the Hemp Market


Move over, THC, there’s a new three-lettered term hitting the shelves and it goes C-B-D. Like the popular cousin, CBD is a chemical that comes from the cannabis sativa plant but creates benefits without the swirly, psychoactive effects to the mind. More than 1 in 4 People in america have tried CBD to alleviate pain, stress, and panic. As it continues to affect different industries and making a name for itself especially in health and wellness, the CBD industry will be projected to hit $20 billion dollars by 2024.

Within the past two years, use of hemp CBD has spread throughout the generations. The wide variety of the particular hemp market is one way to make sure that there’s something for everyone, having uses in personal care, industrial applications, food, fabrics, and supplements. Scientists nevertheless are unable to identify every single advantage that CBD targets in the body, but the possible medicinal benefits have still prompted many to incorporate the hemp essential oil into their healthcare. Some people use both their over-the-counter medication and CBD products concurrently in their health routine, with 22% replacing their medicine completely. But without constant regulations, proving the quality of hemp products can be a unique challenge.

The hemp industry is exploding due to the popularity of CBD. Find out more about the future of hemp business from your infographic below.


A Look at the Future of the Hemp Industry was originally published in Health care in America on Medium, where people are continuing the conversation by highlighting and responding to this story.

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