CBD Startups: Opportunities, Challenges, and What You Need to Know
The CBD startup scene is booming. CBD, short for cannabidiol, is a naturally occurring compound found in marijuana that’s known for its calming effects—without the psychoactive “high” associated with THC.
Hundreds of millions of dollars are pouring into this fast-growing market of cannabis by-products. According to investment research firm Cowen, U.S. retail sales of CBD products reached between $600 million and $2 billion in 2018 alone.
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