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What Is the Outlook for the US Hemp-Derived CBD Products Market?

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QUESTION OF THE WEEK: What Is the Outlook for the US Hemp-Derived CBD Products Market? 

Total sales of hemp-derived cannabidiol (CBD) products are expected to reach $646 million by 2022 from $49 million in 2014—growing at a CAGR of 38% over this period, according to Hemp Business Journal, a division of New Frontier Data.