In 2018 the US Farm Bill (“Farm Bill”) legalized the cultivation of hemp, allowing for the transport and sale of its derivative products across the United States.
The health and wellness benefits of these products are only just beginning to be understood, and it is forecast that the market for them will explode over the next few years; growing from $600m in 2018, to over $26 billion by 2025.
As a result, a myriad of CBD-based product brands have been flooding the market – however, not all CBD and the companies that distribute it are created equal.
HEMP CBD MARKET PREDICTED TO GROW NEARLY 40 TIMES CURRENT SIZE BY 2022
- Market size by Billions of $
Source: Brightfield Group
THE GOLD STAR CANAFARMA DIFFERENCE
canafarma Corporation has brought together the vital components to build a company capable of becoming the leader in this rapidly growing market:
Direct oversite of our hemp cultivation allows us to maintain the highest quality-control standards