CBD Market Report
Project CBD
FEBRUARY 28, 2023
The marketing data firm SPINS tracks sales of two separate cannabis-derived ingredients: CBD and “hemp seeds and derivatives.” According to the FDA, “hemp” is defined as Cannabis sativa with a tetrahydrocannabinol (THC) concentration of 0.3% Cannabis sativa with more than 0.3% Cannabis sativa with more than 0.3%
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