Eye-popping growth like that is rare, but it doesn’t stop there: the market for hemp-derived products is growing even faster. Analysts estimate that the market for cannabidiol (CBD), a Federally-legal hemp extract used to make everything from CBD oil to edible gummy bears, will grow at 50% per year through 2020. For cannabis investors looking to profit from CBD’s growth, there’s one company that has positioned itself as a leader: PotNetwork Holding, Inc. (OTCMKTS: POTN).
Market leader in a fast-growing niche market
There are numerous uses for cannabis, and we are just barely beginning to scratch the surface. One of these applications is the use of hemp extracts like CBD, historically used for the treatment of chronic pain. CBD, a non-psychedelic derivative, can be thought of as a sub-market of the more significant cannabis industry. It also happens to be a market that is growing at a blistering pace.
As cited in a recent research