Hemp CBD Market Continues to Dominate Cannabis News as CBD-Infused Products Become More Mainstream

Hemp CBD Market Continues to Dominate Cannabis News as CBD-Infused Products Become More Mainstream

CBD has long been a consistent performer of the overall cannabis market as industry leaders have enjoyed the flexibility of loopholes surrounding legalities, as well as a rising consumer sentiment toward alternative health options. CBD-infused products have allowed companies to expand into a variety of industries and continue to generate higher and higher revenues. The hemp-derived CBD market is projected to top $590 million in revenue, according to the Brightfield Group. The industry will continue growing as it matures, and is also expected to receive a boost if legislation removes CBD as a controlled substance in the near future. Active Companies from around the market with current developments this week include: Marijuana Company of America, Inc. (OTC:MCOA), MariMed Inc. (OTC:MRMD), HEMP Inc. (OTC:HEMP), Terra Tech Corp. (OTC:TRTC), Aphria Inc. (NYSE:APHA) (TSX:APHA).

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