- Industry representatives believe that CBD has become “too big to fail” as a result of the legislative changes that occurred at the end of 2018
- Since hemp has been taken off the controlled substances list, the CBD market is anticipated to grow rapidly and reach $22 billion by 2022
- These changes will lead to intense competition and the need for more effective cultivation methods; because of such trends, companies like Green Hygienics Holdings are expected to benefit from rapid growth opportunities in 2019 and beyond
The legal status of hemp finally changed at the end of 2018, and, according to analysts, CBD products will grow to be bigger than ever before in 2019 and the years to come. This is good news for companies such as Green Hygienics Holdings Inc. (OTCQB: GRYN), which are expected to profit from new growth opportunities as a result of the legislative changes.
The popularity of CBD is growing, and it has now become “too big to fail,” as U.S. Hemp Roundtable general counsel Jonathan Miller was quoted as saying in a…
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