Prohibition Partners Latest Publishing Exercise “Disrupting Beauty”

Prohibition Partners is delighted to present Disrupting Beauty, the first edition of a new set of consumer-goods reports entitled ‘The Impact Series’. The report provides an overview and analysis of the latest data, industry insights, and commercial opportunities that are central to the developing cannabis beauty sector.

Presented by our team of experts, analysts and consultants, Disrupting Beauty unpacks the most influential trends in the industry and showcases the businesses and brands that are shaping the market.

KEY FINDINGS FROM THE REPORT INCLUDE:

• Smaller indie brands have driven recent developments in the CBD beauty market, as multinational companies remain wary of CBD’s complex legal status. 
• The global CBD skincare market is projected to be worth US$959 million by 2024 — which would account for an estimated 10% of global skincare product sales. 
• Select brands have been accused of exploiting the interest surrounding cannabis-derived CBD oils to sell beauty products containing low-CBD hemp seed oil, in a practice known as “weed washing”. 
• Successful brands need to drive consumer education to ensure the longevity of the CBD beauty market.

As the market for cannabis consumer goods takes off in 2020, Disrupting Beauty is the essential resource for key stakeholders in the beauty, personal care and cosmetics industry. The report helps cut through the noise and the hype to identify consumer trends and commercial opportunities in this rapidly changing market.