Legalization brings a lot of possibilities, including many which can be unanticipated. One of the primary areas for expansion is cannabis oil.
Cannabis oil often means a lot of different things notably, it’s providing customers and business owners a way that is new explore and take advantage of the cannabis industry. Here’s why cannabis oil is big company, any business owner can utilize this nascent market.
The cannabis oil market is huge.
There are plenty of forms of cannabis oil in the marketplace. They all are growing in appeal. The CBD market alone is predicted to achieve $22 billion in 2022, in accordance with Brightfield Group.
But cannabis oil goes beyond CBD: THC-rich concentrates and waxes are also technically oils, and recreational cannabis concentrates sales are projected to achieve $8.5 billion by 2022.