Everyone in the cannabis industry knows these days: the CBD market is booming. According to The Hemp Business Journal, a division of data analytics firm New Frontier Data, the CBD market will grow 700 percent between 2016 and 2022, reaching a total of $2.1 billion in sales. So why’s CBD so popular?
CBD, a compound which comes from the cannabis plant, began gaining national attention after stories emerged about young children using it to treat their epilepsy when nothing else worked. Today, a number of conservative states like Texas and Georgia, which still ban medical marijuana, allow CBD with a small amount of THC for serious conditions.
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