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Monday, May 29, 2023

Number of the Week: $10.3 Billion

$10.3 billion – The value of the U.S. CBD market in 2028, if federal guidance is implemented in 2023

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Federal guidance that allows for the sale of CBD ingestibles in mainstream retailers such as grocery and big box stores would result in phenomenal growth for the CBD market. Without such guidance, the market will only be half that size within the same time frame.

Source: Brightfield Group, US CBD Market Sizing, 2023

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