Mounting Evidence on Therapeutic Benefits of Cannabis Unleashes Tsunami
NetworkNewsWire Editorial Coverage: A tsunami has started: Cannabidiol (CBD), a non-psychoactive compound found in the cannabis sativa plant, has shown tremendous promise for broad-ranging medical benefits, and consumers are taking notice. CBD products are derived from either industrial hemp or marijuana plants, and sales have soared as companies scramble to exploit the enormous opportunity. Total CBD sales exceeded $200 million in 2016, and conservative projections peg overall sales in excess of $2.1 billion by 2020, a 700% increase from 2016. The hemp-derived CBD market is projected to grow at an astounding compounded annual growth rate approaching 55% over the next…