CBD Products Play Major Role in the Legal Cannabis Industry |
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CBD Products Play Major Role in the Legal Cannabis Industry | Darrell Miller | 08/16/17 |
Date:
August 16, 2017 07:14 PM
Author: Darrell Miller
(support@vitanetonline.com)
Subject: CBD Products Play Major Role in the Legal Cannabis Industry
Hemp Business Journal and Vote Hemp released a report indicating the United States based hemp industry sold $688 million worth of products in 2016. The industry is expected to continue with this successful trend, with estimates of $1.8 billion in sales by 2020. Various companies are capitalizing on this success and trying to expand their markets - for example, a Hemp Education Center is being established by ChineseHempOil.com, Inc., to provide information about the health benefits of hemp. Other organizations, like United Cannabis Corp, are leading the way in developing medical uses and therapies that utilize cannabinoids.
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