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Tuesday, 08/03/2021 12:59:46 AM

Tuesday, August 03, 2021 12:59:46 AM

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$ALDS Concerning the global CBD market, which is currently valued at USD$2.8 billion, GVR expects a CAGR of 21.2% from 2021 to 2028, with revenues increasing from $9.3 billion in 2020 to $23.6 billion in 2028. Their analysis found that “due to its healing properties, the demand for CBD for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected to boost production for CBD-infused products.”
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