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2020 CBD STATISTICS

The cannabis plant has over 500 compounds and over 100 cannabinoids of which, CBD is one. However, CBD isn't just another cannabis compound. It's an impressive cannabinoid with many different benefits that is sweeping the nation. We've compiled some of the latest statistics surrounding CBD and the CBD industry.

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86% of Americans have heard of CBD

40% of Americans are interested in trying CBD

25% of Americans have tried CBD products

14% of Americans regularly use CBD products

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28%

of regular CBD consumers use CBD every day

men vs women

Women are more likely than men to use CBD products (55% for women to 44% for men)

cbd doctor

7%

of consumers tried CBD because their doctor recommended it

52%

of consumers bought CBD for a pet because their vet recommended it

56%

of Americans support using CBD as an alternative to pharmaceuticals

Why Consumers Use CBD


Percent Of Consumers By Age Group


Most Used CBD Products (According To Consumers)


happy people

52%

of CBD consumers consider CBD to be more effective in relieving conditions than over the counter products

pain medications

22%

of CBD users replaced some form of medication with CBD

opioids

36%

of those who replaced medications replaced opioids

$238 Million

US CBD Sales Generated In 2017

veterinarian

$125 Million

2022 projected sales for the US veterinary CBD market

rising CBD revenue

$23 Billion

2025 projected sales for the entire US CBD market

Where CBD Is Purchased


online CBD shopping

60%

of hemp derived CBD products are purchased online

CBD social media post

3.8+ Million

social media posts have been posted related to CBD in the last 12 months

online CBD searches

500%

Increase in Google searches related to CBD since 2017

wallet

On average, cannabis workers’ wages are 11% higher than the average wage

Colorado CBD

Colorado is responsible for 50% of the US’s hemp production

female CBD business owner

75%

of CBD brands are either run by a female founder or a female general manager

Interested In Learning More About CBD?

Statistics Compiled By

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