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The report’s findings are based on a 55 percent annual growth rate. There were $170 million in CBD sales in 2016 according to Brightfield Group.

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CBD oil, short for cannabidiol oil, is an extract of the cannabis plant and is known for its pain relief, anti-inflammatory, and anti-anxiety effects. It’s also one of the hottest (and controversial) health products in the USA. Historically, CBD oil has been in a murky legal position, but that all…

There were $170 million in CBD sales in 2016 according to Brightfield Group. The total cannabidoil market will reach $467 million this year, according to Brightfield Group and HelloMD.

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