Hemp CBD is a market with $130 million in sales with growth at a 53% AGR (Adjusted Growth Revenue). This as a result contributed to the $688 million in total Hemp sales in 2016, according to a research conducted by Hemp Business Journal and Vote Hemp, the
The Hemp CBD category was led by channel sales in natural and specialty products such as smoke shops and online verticals. As well in 2016, SPINS, the leading market research firm for natural products, has listed that $2,470,000 worth of products has used Hemp CBD as a primary ingredient. Currently Hemp CBD based pet care products are a ‘growth category to watch’ in 2017.
Eric Steenstra, President of Vote Hemp has referenced, “To date, 31 states have passed legislation that allows hemp farming per provisions set forth in the 2014 Farm Bill, and the U.S. remains the largest consumer market for hemp products worldwide. We need Congress to pass federal legislation to allow commercial hemp farming nationally, to let our farmers and American businesses take advantage of the robust economic opportunity hemp provides.”
Reposted from MJ News Network, Read full article at Financial Buzz
Colorado Rocky Mountain HIGH Tours’ Ultimate Marijuana Tour offers a unique insider look into the business of cannabis and an opportunity to meet the owners and experts while touring their facilities. Includes, Commercial Grow, MIP, Concentrate Extractor, Dabs 101 (alternative consumption methods), and Dispensary stop, all in one four hour tour.
Visit www.ColoradoRockyMountainHighTours.com to make your reservation.
For your comfort the tour is limited to 12 guests.
Commercial Grow – MIP Manufacturer
Concentrate Extractor – Dispensary Stop
Dabs 101: Alternative Consumption Methods
Smoker’s Gift Bag – Pass to Smoke Lounge
Chauffeured limo – Two Cannabis Concierge
After Tour Glass Blowing demo 5:00-6:00
$175 per person. Must be 21 or older. RESERVATIONS REQUIRED
Private Tours available for groups of 12 or more Sunday – Saturday
Visit www.ColoradoRockyMountainHighTours.com for details