As per CBD market analysts, the global market is anticipated to witness growth owing to the factors such as the growing research & development as well as financial support by various private and government organizations. However, the market will face challenges and restraints due to adverse effects associated with cannabis and stringent government policies during the forecast period.
The global CBD market will grow at a CAGR of 125.58% during the forecast period. The market for CBD is set to reach US$22,07,162.54 million by 2026.
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