Tag : U.S.

Market Watch

U.S. Cannabinoid Market Including Hemp Now Projected to Reach $44.8 Billion by 2024

CCT IMPACT Agent
The U.S. and China are opponents in many categories today and years to come. In some of these interactions there are no winners or losers, however, the U.S. is the clear winner in the global hemp cultivation market. Hemp has more uses that most people would expect from fabric to medicinal uses,......
CCT Impact

New Report Pegs U.S. CBD Retail Sales at $10 Billion by 2024

CCT IMPACT Agent
CBD retail sales just in the U.S. are expected to pass $1 billion – a 133% jump year over year, as noted by the 2019 Hemp & CBD Industry Factbook.  By 2024, sales could balloon to $10 billion.  “The recent surge of consumer demand for CBD, coupled with increasingly easy access to CBD products,......