Brightfield Group - CBD & Cannabis Consumer Insights and Market Brightfield Group is the leading consumer insights and market intelligence firm for the CBD and Cannabis industries. Market research, consumer insights, brand health tracking, trend prediction, product innovations, and more. Report: CBD Market To Hit $22 Billion By 2022 We’ve long suspected that hemp had more economic potential than legal cannabis. Now there's data to prove it. According to a new report released today by the Brightfield Group, the hemp-derived CBD market will reach sales of $22 billion by 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent. CBD worth $22 billion by 2022? That's crazy, right? How can hemp CBD alone take up such a huge chunk of this market in such a short time? To be clear, Brightfield Group does not expect hemp CBD to be an exclusively nutraceutical product in the future. It will continue to be popular among current cannabis users (bought in dispensaries, smoke shops), it will have potentially massive value in the
22 Jul 2019 NATIONAL REPORT — Although the Food and Drug Administration (FDA) has yet to rule Brightfield Group conducted a CBD consumer insights poll, collecting thousands of surveys How To Attract the CBD Consumer.pdf.
HelloMD with Brightfield Group today announced the results of a comprehensive study on CBD usage. The study surveyed 2,400 of HelloMD’s 150,000 community members on their usage, knowledge, perceptions, and misconceptions of CBD, making it the largest study of its kind. Overall, the study found that consumers of CBD are very satisfied with its effectiveness for treating a variety of medical Brightfield Group - CBD & Cannabis Consumer Insights and Market Brightfield Group is the leading consumer insights and market intelligence firm for the CBD and Cannabis industries. Market research, consumer insights, brand health tracking, trend prediction, product innovations, and more. Report: CBD Market To Hit $22 Billion By 2022 We’ve long suspected that hemp had more economic potential than legal cannabis. Now there's data to prove it. According to a new report released today by the Brightfield Group, the hemp-derived CBD market will reach sales of $22 billion by 2022, outpacing cannabis sales, and surging from $591 million in 2018 -- that's a five-year CAGR of 132 percent. CBD worth $22 billion by 2022? That's crazy, right?
This article is based on scientific evidence, written by experts and fact checked by our trained editorial staff. Note that the Brightfield Group Cbd Report numbers in parentheses (1, 2, etc.) are clickable links to medically peer-reviewed studies.
REPORT ON CANNABIS/CBD BUSINESS 1. Introduction • Home to more than 740 million people, a population more than double that of the US and Canada combined, Europe is set to become the world’s largest legal cannabis market over the Brightfield Group Names Top 5 CBD Companies - Green Market Report According to Brightfield Group, the CBD market in the U.S. has grown over 700% in 2019. The CBD industry is becoming much more saturated than it was before the passing of the U.S. Farm Bill late last year, with new products entering the market, threatening to take a slice of the CBD pie that the … Hemp-Derived CBD Will Outpace All Other Cannabis Markets,
estimates derived from such publications and reports and management's knowledge of, and and will be unaffected by any changes in the CBD market and Hemp for Health's *Brightfield Group, Canaccord Research Paper, Statista
Survey: Nearly Half Of People Who Use Cannabidiol Products -