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Key Insights
- CBD is still a hot space, with sales expected to grow from $5 billion in 2020 to $17 billion by 2025.
- Oversaturation in the CBD market has ramped up competition while watering down profitability.
- The FDA continues to keep CBD on a short regulatory leash, limiting its retail options.
There was plenty of buzzworthy news coming out of the CBD industry in 2019—namely its staggering 562% growth.
But that number was too stratospheric to last, even before the Covid-19 outbreak.
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