CBD product dollars sales in the United States from 2018 to 2023

Sales of CBD grew a whopping 706 percent in 2019 compared to 2018 in the United States. The federal government passed the Farm Bill in December of 2018 which removed hemp from the same schedule 1 drug classification as marijuana, thereby opening up the potential for hemp-derived CBD products.

Dollar sales of cannabidiol (CBD) products in the United States from 2018 to 2023

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Sources

Release date

November 2019

Region

United States

Survey time period

2018 to 2019

Supplementary notes

*Figures were calculated by Statista using the 2019 and 2023 years given by the source and assuming a 47.55% CAGR over the period.

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Statistics on "CBD retail in the United States"

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