Legal Cannabis and CBD-Based Products Projected to Gain …

A major portion of the legal cannabis market is the Hemp and CBD market. Sean Murphy, the Founder and Publisher of Hemp Business Journal explained, “Hemp Business Journal estimates the total retail value of all hemp products sold in the U.S. to be at least $688 million for 2016. We estimate the hemp industry will grow to $1.8 billion in sales by 2020, led by hemp food, body care, and CBD-based products. The data demonstrates the hemp industry is growing quickly at 22% five year CAGR and being led by food and body care products, with Hemp CBD products showing a 53% AGR.”

ChineseInvestors.com, Inc. (OTCQB: CIIX) just announced earlier today that its wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., will officially launch its first line of non-industrial hemp infused skin care products, the ‘CBD Magic Hemp Series’. The product line will include four products, namely, CBDBIO TECH Toner,

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