The Business of Healing
The business of healing is booming and one of the leading drivers is the non-THC industrial hemp derived CBD industry.
The CBD industry is currently a $1 billion dollar business. CBD sales are expected to grow to $1.8 billion by 2022.
CBD advocates claim that CBD products have strong, noticeable therapeutic benefits for a wide range of health issues and the fact is that Americans are increasingly turning to this alternative form of healing as a way to cope with illnesses, anxiety, pain and everything in between. Because of this, new CBD businesses are popping up daily trying to capitalize on this latest health craze cash cow.
Is it the real deal? Will it have lasting power? Time, and the law, will tell.