Very few industries can claim to have done what cannabidiol (CBD) has achieved. With just a year of legal sales under its belt, the hemp extract has earned millions of dollars in sales, and experts say it will hit $20 billion by 2024. Why is CBD so popular? Well, according to tons of anecdotal evidence, the extract is packed with potent medicinal properties, and people have been using it to manage a variety of conditions, ranging from high blood pressure and anxiety to chronic pain.
Ironically, the sector’s unprecedented rate of growth has been its biggest flaw. The industry grew so fast that regulatory authorities were left playing catch up, and it resulted in an unruly marketplace filled with products whose quality couldn’t…
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