CBD is a vast and complex subject area that touches on all aspects of the cannabis market – medical, pharmaceutical, recreational and packaged consumer products. Within this report, CBD – A Supply Overview, Prohibition Partners examines legislation, cultivation, extraction, production, finance and retail across the global CBD industry. Moving away from the fragmented structure that has characterised the industry, we document the rise of vertical integration and the emergence of regulation.
Their deep-dive into this exciting opportunity addresses many of the barriers that are preventing the industry from achieving its full potential and highlights those trends and developments that are driving the market forward.
CBD – A Supply Overview examines:
- Europe currently plants 40,000 hectares of hemp each year and this is expected to grow to 100,000 hectares by 2030.
- In June 2020, hemp acreage reached about 190,000 hectares for the 47 state departments that declared agricultural numbers, representing a decline of 9% on 2019’s figures.
- 95% of the hemp that is harvested within the US is destined for cannabinoid production according to industry operators.
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