Released from the confines of an 82-year prohibition, hemp is now legally classified as an agricultural commodity. Just like wheat. Or soybeans.
Products derived from industrial hemp, including beverages, are set for explosive growth. Sales in the U.S. are expected to reach $22 billion by 2022, as projected by the cannabis market research company Brightfeld Group; Congress’ re-regulation of hemp has presented a good reason for many to celebrate. -Abbie Rosner, Forbes
Having already shown up in a growing spectrum of food and beverage products, the market for legal CBD products is expected to grow to $1.6 billion by 2021. -Market analysis at the Brightfeld Group