It’s becoming clearer that nothing the state is doing is really changing the illicit market, and this offers little solace to the participants in the regulated market.
By year’s end the legal cannabis industry is expected to surpass $15 billion. But the money that marijuana generates on the black market far exceeds that amount.
Good Hemp, Inc. makes Good Hemp Fizz and CannaHemp beverages, which is a line of naturally flavored waters infused with 10mg of THC-free hemp extract and prebiotic fiber.
The report stated that in 2020, the US hemp-derived CBD market is projected to reach 14% growth from 2019 sales, down from original projections of over 30%.