Nielsen projects the U.S. hemp-based C.B.D market could be a $2.25 billion to $2.75 billion industry in 2020.
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CBD Hemp Oil
According to recent studies, the CBD Hemp Oil market will register a 30.7% CAGR in terms of revenue over the next five years. The Global Market for CBD could reach $760 million USD by 2024, up from $150 million USD in 2019.