Innovation, E-Comm and COVID: Summarizing Brightfield Group’s 2020 mid-year US CBD update
The US hemp-derived CBD market is projected to reach $4.7 billion in sales in 2020, with 14% growth over 2019 sales of $4.1 billion. Full-year 2020 retail sales are not expected to reach levels anticipated prior to the emergence of the COVID-19 pandemic.

Innovation, E-Comm and COVID: Summarizing Brightfield Group’s 2020 mid-year US CBD update

COVID-19 Impact In the first half of 2020, CBD companies are experiencing a loss in revenue due to store closures and consumer concerns about Coronavirus and their finances. Shelter-at-home policies…

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