Category: CBD And Hemp Data
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How Many Hemp Licenses Were Active In The United Kingdom In 2023?
The global hemp industry is far from being a new thing. For many centuries humans have used the hemp plant to make a number of things, from medicine to textiles. It wasn’t until the 1900s that hemp started to be prohibited by governments due to the forces of special interest groups. Thankfully, the global hemp…
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Global Hemp Fiber Market Projected To Reach $73.55 Billion By 2030
Humans have used the hemp plant to make fibers for a multitude of purposes for centuries. In fact, archaeologists and historians have confirmed that ancient civilizations in China used hemp fiber to make pottery going as far back as 4,000 BCE. Hemp fiber has a number of uses, including but not limited to: Making paper…
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CBD Skin Care Market Forecast To Reach $14 Billion By 2030
Certain sectors of the emerging legal cannabis industry have the potential to experience a massive boost in demand in the coming years for various reasons, and one of those sectors is cannabis topicals and skin care. According to Grand View Research, the global skin care market was worth an estimated $135.83 billion in 2022. Cannabis…