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Overview of CBD Article by Whole Foods Magazine

May 28, 2019 by Travis Lindsay Leave a Comment

Whole Foods Magazine has been around for decades and they have published a great post about CBD. Specifically, they are looking into where the CBD industry stands. Definitely worth a read. Here’s an excerpt:

“The market for CBD is expanding faster than almost anyone can fathom. Forbes recently reported the expected size of the CBD market in the United States to be $16B by 2025. A search for Hemp Oil on Amazon in the Health and Household Department identified 1,209 brands representing 5,520 SKUs.

“The typically nimble Amazon has now been eclipsed on this subject of CBD named products by long standing traditional retailers such as CVS, Walgreen’s, Rite-Aid and Vitamin Shoppe. All have publicly stated they will start carrying CBD-infused products. The retailers are taking a state by state approach. The large pharmacy chains have verified they will maintain their CBD offerings to topical products. Vitamin Shoppe has gone a step further and has announced plans to provide Irwin Naturals soft gel capsules, Garden of Life CBD Extract soft gels and liquid drops. Vitamin Shoppe will initially launch this product line in 14 States plus the District of Columbia and Puerto Rico.”

It’s a brave new world out there.

Filed Under: cbd business Tagged With: cbd industry, cbd industry growth, cbd retailer, Whole Foods Magazine

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