The cannabis market represents a $15B-$50B opportunity today and a $250B-$500B opportunity long-term, according to estimates from Piper Jaffray. Cannabis-infused consumer products are already well on their way and is expected to accelerate as a result of the recently passed 2018 Farm Bill, which legalized industrial hemp and CBD federally. In this special report, Piper Jaffray discusses the potential uses for CBD and hemp seed oil in beauty products, as well as legality and regulation issues. The report also explores how retailers are responding to the booming trend, and highlights several growing companies in the cannabis-based personal care space.
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