LONE ROCK, Wisconsin – U.S. consumer sales of cannabidiol are forecast to reach about $1.9 billion in 2022. That’s a huge jump from 2014, when sales reached just $108 million. Following a similar trajectory, sales of legal cannabis are projected to hit $23 billion in 2025, according to Statista, a market and consumer-data analyst. And sales of industrial hemp are forecast to grow at an annual rate of 17 percent from now to 2030, according to Grand View Research.
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Lynn Grooms writes about the diversity of agriculture, including the industry’s newest ideas, research and technologies as a staff reporter for Agri-View based in Wisconsin.





