Our August webinar, Pet, Pain, and CBD: The Many Applications of Cannabis Products is coming up this week. Here is some of what you can expect to learn – be sure to tune in on Thursday for the full story.

1. Six in 10 Cannabis consumers use Cannabis to manage pain. Similarly, pain relief is the primary reason for consumption of hemp-derived CBD products.*
2. BDS Analytics projects the total CBD market to reach $20 billion by 2024, largely driven by the legal dispensary channel.**
3. More than three-quarters of adults 21+ who have purchased hemp-derived CBD pet products in the past six months have also consumed marijuana within the past two years.*
4. Cannabis pet product sales in the legal dispensary channel grew 17% in Q2 2019 compared to Q2 2018.***
5. There’s still room for education: 88% of the U.S. 21+ population does not know what Cannabis are and cannot articulate the definition.**

*Source: Consumer Insights research

**Source: Industry Insights service

***Source: GreenEdge™ Retail Sales Tracking