OGRMF - Why Investors Should Be Watching the European CBD Market

The European CBD market is expected to boom over the next few years and grow over 400% by 2023. The market was worth an estimated $318 million last year and is poised to bring in nearly $1.7 billion USD over the next four years, despite complex regulations and a lack of product availability and consumer awareness.

According to leading market intelligence firm Brightfield Group, the current lack of CBD product availability in Europe offers “a great opportunity for developed brands to enter and expand through Europe with far less competition that we’re seeing in the US.” ...