$PBIO The collective market for CBD sales in the U.S. is expected to exceed $20 billion by 2024, according to a new report from BDS Analytics and Arcview Market Research (http://nnw.fm/vX8CI). The forecast includes products sold through licensed dispensaries and general retail outlets such as grocery stores, mass merchants and pharmacies. Standing out from the crowded field of competitors will be essential for any business pursuing the spotlight in a rapidly expanding CBD marketplace.

“To survive, companies will need to differentiate themselves from the competition by delivering the highest quality products possible,” Schumacher added. “Such products would undoubtedly need to have high water-solubility, absorption, and bioavailability, along with long shelf-life and a minimal amount of added chemicals. This is exactly what we intend to deliver.”