By MeiMei Fox, Forbes on November 6, 2022
These days, you can find cannabidiol, a substance commonly referred to as CBD, everywhere: In gummies, oils and lotions, supplements and functional beverages. A natural substance derived from cannabis, CBD occurs in both marijuana and the hemp plant. Unlike THC, it is not psychoactive and therefore does not give you the feeling of being “high.” CBD products claim to help you (and your pet!) sleep, lose weight, control pain, and combat anxiety.
A 2022 analysis revealed just how explosive growth of the North American CBD market is. With a CAGR of over 21%, sales of CBD products are expected to surpass $47 billion by 2028. Already they approach $5 billion.
– Read the entire article at Forbes.