THE GLOBAL MARKETPLACE FOR CANNABIS EXTRACTS

What Is CBD?

Cannabidiol (CBD) is one of over 113 cannabinoids currently identified in the cannabis plant. By weight it is the second most abundant cannabinoid in the cannabis plant after THC. CBD is believed by some to offer significant benefits when treating both physical and mental health issues due to its interaction with the body’s endogenous cannabinoid system.

CBD MARKET DATA

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The global medical cannabis market could grow by up to 17.2% annually, reaching $55.8 billion by 2025. This does not include the recreational and ancillary markets. The demand for CBD has been rising in some areas even faster than the overall medical market and is anticipated by some to account for over US $2 billion annually by 2020.

CBD POSSIBLE MEDICAL USES

LEGALITY OF CBD WORLD MAP
In 2016 more than 50M people gained access to fully legalized cannabis markets & the pace of legalization could continue to increase.