CBD sales plummeting! One more step is way too late!
Consumers spent less than $3 million on CBD in 2021!
2022 was even worse!
Are CBD sales declining?
Consumers spent $2,782,105 on these products in 2021 — a 14.1% decline from 2020. CBD sales declined in 2021 for several possible reasons, including legal confusion, a lack of a clear path for FDA regulation, market saturation, and published reports of inaccurate label claims for some CBD products.Feb 28, 2023