HempMeds® Featured in CFN Media Report on the Booming CBD Oil Market

HempMeds® was mentioned in an article by CFN Media covering a recent cannabis industry report by Brightfield Group.

In an article this week covering the rapidly growing CBD oil market, CFN Media focused on Medical Marijuana, Inc., and its portfolio company HempMeds®, and their role as the first company to retail CBD hemp oil products across state lines and to international markets.

According to the article, the CBD oil industry is predicted to hit $1 billion by 2020. That means the CBD market will experience 55% compounded growth over the next three years. While the CBD oil market isn’t predicted to eclipse the marijuana market, CBD oil does have the advantage of being federally legal in all 50 states and in over 40 countries internationally.

The Brightfield Group report listed HempMeds® distributed Real Scientific Hemp Oil™ (RSHO™) as one of the top five CBD oil brands in the industry. As a leader in the CBD oil industry, Medical Marijuana, Inc. continues to innovate our CBD oil pipeline and bring access to our products to new markets around the world.

CFN Media detailed the expansion of RSHO™ into new markets like Brazil and Mexico. In both countries, RSHO™ was the first cannabis product legally imported into the country. Classified as a prescription medication, Brazil and Mexico have subsidized the cost of RSHO™ CBD oil for patients in the countries.

Read the full article HERE.

Recommended Posts

#RaulWHO: Raul’s Road To Geneva Recap A few short weeks ago, HempMeds® Mexico President Raul Elizalde addressed the United Nations and the World Health Organization (WHO) about CBD. The...
Benefits of Towels Made from Hemp Every weekday morning, your phone plays your wake up ringtone and you start the daily get-ready-for-work routine. After showering, you reach for your ...
Marijuana Legalized In Alabama?   Marijuana Legalized In Alabama(?) If you saw this headline online last week, you probably shook your head, refocused your eyes, and thought, ...
CBD Chocolate One of, if not the most, popular form of edibles in the cannabis world is chocolate. THC-infused chocolate bars hit the medical (and let’s be honest, ...


There are no products

Send this to a friend