Infographics

The Billion-Dollar Business of CBD (Infographic)

And the industry is only getting bigger.
The Billion-Dollar Business of CBD (Infographic)
Image credit: yavdat | Getty Images
1 min read

While recreational and medical marijuana are slowly infiltrating the market, CBD is as well. Unlike marijuana, however, the CBD business avoids all of the legality issues of selling and distributing the highly-debated drug.

Related: 12 Cutting-Edge Marijuana Marketing Tactics That Work

CBD stands for cannabidoil and doesn't contain THC, so CBD won’t get a person high. It's used for pain management and to treat anxiety and depression, immune issues and more. CBD is a $1 billion industry, and its sales are estimated to grow to a whopping $22 billion by 2022. The most common CBD product is CBD oil, which can be taken as a dietary supplement, as drops, through an e-cigarette and even as lotion.

Related: The Hemp Business Is Booming (Infographic)

From sleep disorders to appetite and weight loss -- CBD has a number of medical and therapeutic benefits. Whether you’re looking to launch a new CBD business or try some out yourself, learn more about CBD by checking out BestCBDOils.org’s infographic below.

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.