$PBIO creating a paradigm shift in the processing of CBD oil and the company's enormous growth is happening at a very opportune time in the CBD industry's history. With the passage of the 2018 Farm Bill, entrepreneurs are rushing to grow hemp and extract CBD oil that is water soluble to be used as an ingredient that is infused into beverages and edibles.. Projected revenue for CBD infused beverages alone is expected to be $220 million by 2022.
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