Marijuana Business Magazine November December 2018

ORDER YOUR COPY AT WWW.HEMPINDUSTRYDAILY.COM EXECUTIVE SUMMARY © 2018, Hemp Industry Daily, a division of Anne Holland Ventures Inc. You may distribute copies of this Executive Summary as PDFs or in print BUT ONLY if they are reproduced in their entirety! For permissions or service, contact CustomerService@MJBizDaily.com or call 720.213.5992 ext. 1. 5 Source: Hemp Industry Daily © 2018 Hemp Industry Daily, a division of Anne Holland Ventures Inc. All rights reserved. Annual U.S. Hemp-Derived CBD Retail Sales Estimates: 2018-2022 2018 2019 2020 2021 2022 $0.0B $0.5B $1.0B $1.5B $2.0B $2.5B $3.0B $3.5B Total Estimated Retail Sales $2,800,000,000 $2,000,000,000 $1,300,000,000 $845,000,000 $515,000,000 $490M - $54 M $760M - $930M $1.2B - $1.4B $1.8B - $2.2B $2.5B - $3.1B Current national sales predictions for hemp and CBD mirror the earliest and most exciting predictions for the cannabis industry overall. Between traditional brick-and-mortar stores and a booming e-commerce channel, CBD is projected to keep steady market growth through 2022, easily breaking $1 billion by 2020. Estimates presented here are modest and hinge greatly on legislation that has yet to be approved, but even amid regulatory constraints and ambiguity about hemp’s position in the market today, researchers have confidently concluded this is not a stagnant industry, nor is it expected to slow down any time soon. • Estimates for sales vary between publications, but based on comprehensive study and industry surveys, these projections are the most accurate and carefully considered presentations today – despite the lack of governmental reporting on this agricultural commodity. This continued growth begs the question: Is there a limit – and what is the limit – to the potential for this industry? 40 • Marijuana Business Magazine • November/December 2018