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New Survey Aims to Analyze the CBD Landscape

CStore Decisions and The Brightfield Group would like your input on the growing CBD market. Please take the confidential survey and receive a free copy of the final report.

By John Lofstock | April 5, 2020

 

As cannabidiol (CBD) moves to the mainstream, convenience stores are in prime position to benefit from the product’s rapid growth.

U.S. sales of hemp-derived CBD products reached $4.2 billion in 2019, a 562% increase over 2018, according to Brightfield Group.

While few consumers had heard of CBD prior to 2018, the signing of the Farm Bill in December 2018 — which removed hemp from the legal definition of marijuana and the Schedule 1 Controlled Substances list — helped usher in exponential growth through extensive media coverage, expanded product availability including in drug stores and pharmacies, and widespread word-of-mouth through social media. Sales of CBD products through convenience and gas stores grew by 2,276% in 2019 to reach $122 million.

If you complete the survey and share your email we would be happy to provide you with a free copy of Brightfield Group’s CBD market landscape report.

Any information gathered in the survey will be anonymized in our research findings.

Click now to take the CBD Survey.

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Search CBD Retail Trends

  • CBD Retail Trends
  • Industry News
  • Function
    • Anxiety
    • Excercise
    • Focus
    • Immunity
    • Recovery
    • Sleep
    • Stress
  • Products
    • Beverages
    • Delta-8 THC
    • Edibles
    • Oils & Tinctures
    • Oral Supplements & Tinctures
    • Shots
    • Smoking and Vape
    • Snacks
    • Supplements
    • Topicals
  • Retail Segment
    • Convenience
    • Health & Wellness
    • Medical Dispensary
    • Pets
    • Specialty
  • Commentary
  • FAQs
  • Research
  • Legal & Regulatory
  • Video