Total U.S. cannabidiol (CBD) consumer sales 2014-2022

It is expected that U.S. consumer sales of cannabidiol – usually abbreviated as CBD – will reach around 1.8 billion U.S. dollars by 2022. That would be a massive increase from around half a billion dollars in 2018. Thus, the CBD consumer market is following the trend of the total legal cannabis market in the United States, which is projected to be a 23-billion-dollar business by 2025.

Why CBD is so interesting?

Cannabidiol is one of the most prevalent active ingredients of the cannabis plant. Another, even better-known, active ingredient is tetrahydrocannabinol – or THC. While THC is famous for its psychoactive effects which causes the consumer to get ‘high’, CBD does not have such an impact on the human body. Even the World Health Organization states that CBD shows no abuse or dependence potential and that “there is no evidence of public health related problems associated with the use of pure CBD”. All this together means that CBD has high potential for the legal (medical) marijuana market and that it is very interesting for further medical research. CBD is already used to treat symptoms of anxiety, insomnia, and many types of chronic pain.

Presence and future of CBD

The regulation of cannabidiol is yet to be clearly established. Many CBD products are sold as dietary supplements, and thus are not included in the U.S. Food and Drug Administration’s regulation process. Selling dietary supplements and foods containing CBD remains illegal in interstate commerce, for now. However, the FDA approved the first cannabidiol drug – Epidiolex – in 2018. With more pharmaceutical companies entering the CBD market in 2020, it is expected that the necessary medical research and clinical trials will result in sufficient high-quality evidence.
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Total U.S. cannabidiol (CBD) consumer sales from 2014 to 2022
(in million U.S. dollars)
Consumer sales in million U.S. dollars
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Statistics on "Recreational marijuana in the U.S."
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