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Natural and Specialty Retail Hemp-Derived CBD Sales Projected to Grow by More Than 600% by 2022

By: William Sumner One of the fastest growing markets in the United States is the cannabidiol (CBD) industry. From joint pain to skincare, Americans are using CBD to help treat everyday maladies. Natural products and specialty retailers are reaping the rewards of this increased interest. By 2022, the Hemp Business Journal estimates that hemp-based CBD […]
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Significant Growth is Expected with Branded Marijuana-Derived CBD Products

  The CBD Report 2018: Industry Outlook, details how the U.S. CBD industry grew nearly 40% in 2017, reaching $367 million in sales across both hemp-derived and marijuana-derived markets. For the first time in 2017, U.S. hemp-derived CBD products outsold marijuana-derived CBD products. Marijuana-derived CBD branded sales grew from $64M in 2016 to $118M in […]
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Hemp-derived Pet Supplies in the Growing CBD Market

  Most hemp-derived, pet-and-animal sales occur via the internet, as traditional mass-market pet retailers are yet to carry the products. In 2017, total hemp-derived, pet-and-animal product sales reached $13 million, with the market expanding quickly as producers aim to distribute through traditional pet-care channels. Pet-and-animal product sales are estimated to reach $125 million by 2022, [...]
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CBD Offers Both Opportunities and Obstacles Yet to Be Determined

By J.J. McCoy, Senior Managing Editor for New Frontier Data As California works out the kinks in its new if long-anticipated adult-use market, and Canada prepares to roll out its nationwide industry in October, the overall cannabis industry in North America is already a multi-billion-dollar enterprise. Yet growth opportunities abound, and activity at the ground and […]
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U.S. Total CBD Market By Sector (in Millions)

  The FDA last week approved UK-based GW Pharmaceuticals’ Epidiolex, a “pure plant-derived CBD” extract shown to drastically reduce seizures in children with epileptic syndromes. Marking the FDA’s first-ever approval of a cannabis-derived pharmaceutical product, the DEA has 90 days (until September 23) to schedule Epidiolex, a landmark decision being carefully scrutinized by the industry at [...]
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The DEA Is Rescheduling Epidiolex, But Not (Yet) Cannabis or CBD

By J.J. McCoy, Senior Managing Editor for New Frontier Data The U.S. Food and Drug Administration (FDA) last week made history: By giving approval for U.K.-based GW Pharmaceuticals’ application to market Epidiolex (to medically treat severe forms of epilepsy), it marked the FDA’s groundbreaking admission that cannabis has medical value. That said, despite some companies trying […]
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Is Talk About the STATES Act for Real? Or Just More Static?

By J.J. McCoy, Senior Managing Editor for New Frontier Data Judging by a flurry of anxious headlines this month, the U.S. Congress (with President Trump’s “probable” blessing) may well be on the verge of ending 81 years of prohibition of marijuana. Unless of course it’s not. Welcome to America, 2018. What is known for certain is […]
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DEA Announces Newly Legal Leeway About CBD

By J.J. McCoy, Senior Managing Editor for New Frontier Data And just like that, the DEA now says that CBD with 0.3% THC or less is legal for purchase or sale nationwide. It may also be imported to or exported from the United States without restriction unless U.S. Customs and Border Protection steps in, and that, too, […]
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Hemp & CBD: Expo West 2018 Highlights!

By Yona Torres, New Frontier Data Contributing Editor “This is the year that CBD arrived,” proclaimed Sean Murphy, Director of Hemp Analytics for New Frontier Data. It was Standing Room Only at the Natural Products Expo West 2018,where CBD took center stage stemming from new products-excitement. Much of the action in CBD has been from […]
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Alaskan Seizures of CBD Products Leave Retailers in Limbo

By New Frontier Analysts A case study in confusion came out of Alaska last week with news that officers of the state’s Alcohol and Marijuana Control Office raided several dispensaries of their cannabidiol (CBD) oil. As reported by the Associated Press, the regulators received a tip from the U.S. Postal Service about leaking packages containing […]
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