Across the United States, cannabidiol (CBD) has emerged as a prominent ingredient used in the healthcare, beauty, and food & beverages industries. Owing to the passage of the 2018 United States Farm Bill, which legalized the cultivation, sale, and distribution of hemp, consumer attitudes and usage of CBD enhanced over the past two years.
Considering cannabis-infused food and beverages, the overall market achieved strong double-digit growth of over 70% in 2019. Meanwhile, the market for CBD health and wellness products is forecast to reach nearly $2 billion by 2024 with steady growth every year. In the beauty industry, CBD remains the “it” ingredient that can be found in everything from skin care products to makeup and hair care.
Join this webinar to learn:
☞ What is the impact of COVID-19 outbreak on CBD?
☞ What are the legal and regulatory barriers that exist?
☞ Which brands and companies are leading players in each of these markets?
☞ What are potential opportunities and threats to this and adjacent markets?
☞ What does the future hold for CBD across industries?