Skin care and beauty products now account for 8% of the total CBD market
Sales of cannabidiol-based (CBD) products in the US are expected to grow 706% year on year to $5bn by the end of the year, according to a new report from market analyst Brightfield Group.
Skin care and beauty products now account for 8% of the CBD market.
“While the start of 2019 was dominated by companies well-positioned to enter the space, such as vape companies,” says the report, “Q2 saw the advent of large retailers like CVS and Walgreens, signalling that CBD is going mainstream.”
...
This is a small extract of the full article which is available ONLY to premium content subscribers. Subscribers sign-in (top right) to read the article.
Or
Subscribe now to premium content on Cosmetics Business