Report: Hemp-Derived CBD Could Reach $23 Billion by 2023

Ganjapreneur
By TG BranfaltOct 8, 2019, 11:14 am183 pts
The hemp-derived CBD market could be worth $23 billion by 2023, which works out to about $40,000 per acre at the farm level, according to a Brightfield Group report outlined by Successful Farming. In the Hemp Cultivation Landscape study, analysts estimate that 285,000 acres of industrial hemp was cultivated in…

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