Forecasts show that the global market for CBD (cannabidiol), which is currently valued at $9.3 billion, will have reached almost $24 billion in revenue by the year 2025. The future is promising for businesses getting into the CBD market, given its expected compound annual growth rate of roughly 22%.
Currently, North America is in the industry lead worldwide, making up 40% of the international CBD market share. However, it may not dominate the market much longer, as Europe is catching up with 30%…
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