The CBD industry is the world’s fastest growing industry, and this has created significant opportunities for investors. Over the next year, we expect to see significant consolidation in the CBD industry and this is something we are monitoring closely.

Hemp has the potential to disrupt several prominent industries: advanced materials, cosmetics, energy, fibre and textiles, food and protein production and the health and wellness sectors. In addition, hemp is a natural source of CBD, the non-intoxicating component of cannabis that can be used for health and wellness purposes.

Several European counties have already legalized hemp and this has become a global trend. Last year, the World Health Organization recommended that CBD is de-scheduled across 194 nations. These regulatory changes could pave the way for CBD to become a legal natural supplement globally and this would be a major catalyst for companies focused on this burgeoning market.