CV Sciences Inc (CVSI)

[Deetew]

Nielsen has released their 2020 forecast for the U.S. Hemp-CBD and CPG Industries, predicting that the market could be a $2.25-2.75 billion industry in 2020—and calling that projection conservative. The estimate accounts for hampered FDA rulings and other possible speed bumps.

Rich Maturo, VP, Cannabis Practice at Nielsen, said in the forecast: “While the regulatory roadmap remains ambiguous, one thing is clear: The next decade for the hemp-based CBD market has the potential to be a game changer for the traditional CPG and retail industry.”

https://wholefoodsmagazine.com/supplements/news-supplements/nielsen-releases-2020-forecast-for-hemp-cbd-and-cpg-industries/