Justin M L Stern Robert A Zinn Jay Steinman

July 01, 2019 | Daily Business Review

According to a research report published by Cowen & Co. earlier this year, the investment bank believes that the U.S. market for cannabidiol (CBD) consumer goods could reach $16 billion—a "conservative" forecast—by 2025, up from between $600 million and $2 billion in 2018 retail sales. As the third-most populous state in the country, this is a very big deal for Florida.

By Justin M. L. Stern, Robert A. Zinn, Jay Steinman and Jennifer A. Migliori

7 minute read