{"id":2886,"date":"2016-12-13T22:04:52","date_gmt":"2016-12-13T22:04:52","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=18802"},"modified":"2016-12-13T22:04:52","modified_gmt":"2016-12-13T22:04:52","slug":"medical-marijuana-inc-featured-in-forbes-story-on-the-rapidly-growing-cbd-market","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2016\/12\/13\/medical-marijuana-inc-featured-in-forbes-story-on-the-rapidly-growing-cbd-market\/","title":{"rendered":"Medical Marijuana, Inc. Featured in Forbes Story on the Rapidly Growing CBD Market"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<\/p>\n<h3><i><span style=\"font-weight: 400\">Forbes profiles the success of Medical Marijuana, Inc. and our family of investment companies in recent article about CBD industry.<\/span><\/i><\/h3>\n<p><span style=\"font-weight: 400\">On Monday, <\/span><a href=\"http:\/\/www.forbes.com\/sites\/debraborchardt\/2016\/12\/12\/the-cannabis-market-that-could-grow-700-by-2020\/#47dd1c2171ed\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Forbes ran an article<\/span><\/a><span style=\"font-weight: 400\"> exploring the rapid expansion of the worldwide cannabidiol (CBD) market, focusing on hemp-based CBD as the antithesis of the rising recreational marijuana market. Much of the attention surrounding the cannabis industry in recent years has fallen on CBD. Just one of over 85+ cannabinoids, CBD is found in high quantities in the hemp plant, a varietal of cannabis. There are those, both domestically and internationally, who see <\/span><a href=\"https:\/\/news.medicalmarijuanainc.com\/hemp-not-marijuana-next-big-industry\/\"><span style=\"font-weight: 400\">greater growth potential<\/span><\/a><span style=\"font-weight: 400\"> in the hemp industry, and specifically CBD hemp oil, than in medical or recreational marijuana, anticipating a multi-billion dollar boom in coming years. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Quoting a number of sources, the article\u2019s author Debra Borchardt \u00a0reveals a CBD market poised to explode in coming months and years. The <\/span><a href=\"http:\/\/www.hempbizjournal.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Hemp Business Journal<\/span><\/a><span style=\"font-weight: 400\"> estimates that the CBD hemp oil market will grow to $450 million by 2020, seeing a 700 percent increase from 2016. Matt Karnes of <\/span><a href=\"http:\/\/www.greenwaveadvisors.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Greenwave Advisors<\/span><\/a><span style=\"font-weight: 400\"> estimates even greater growth, measuring the entire possible CBD market to be nearly $3 billion by 2020. <\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=&#8221;18038&#8243; img_size=&#8221;1200&#215;250&#8243; onclick=&#8221;custom_link&#8221; link=&#8221;https:\/\/www.medicalmarijuanainc.com\/what-is-cbd-oil\/&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<span style=\"font-weight: 400\">This growth is tied to an increasing curiosity over CBD products. According to the article, a licensed cultivator in Southern California revealed that 38 percent of people polled said they wanted to learn more about CBD oil. <\/span><\/p>\n<p><span style=\"font-weight: 400\">This increasing demand works well for Medical Marijuana, Inc., as our global CBD pipeline allows us to place our CBD hemp oil products into the hands of customers around the world at competitive prices. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The Forbes article identifies several Medical Marijuana, Inc. investment companies and brands by name, including AXIM\u00ae Biotechnologies, which is creating cannabinoid-based pharmaceuticals, and Kannaway\u00ae, a network sales company, and our Real Scientific Hemp Oil\u2122, Dixie Botanicals\u00ae, and Rev!ve\u00ae lines of hemp oil products. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Learn more about our CBD hemp oil products and our portfolio of companies by <\/span><a href=\"https:\/\/medicalmarijuanainc.com\/news\/\"><span style=\"font-weight: 400\">following our news feed<\/span><\/a><span style=\"font-weight: 400\"> or <\/span><a href=\"https:\/\/shop.medicalmarijuanainc.com\/\"><span style=\"font-weight: 400\">shop our online store<\/span><\/a><span style=\"font-weight: 400\"> to get started with CBD supplements today.<\/span>[\/vc_column_text][\/vc_column][\/vc_row]    \t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] Forbes profiles the success of Medical Marijuana, Inc. and our family of investment companies in recent article about CBD industry. On Monday, Forbes ran an article exploring the rapid expansion of the worldwide cannabidiol (CBD) market, focusing on hemp-based CBD as the antithesis of the rising recreational marijuana market. Much of the attention surrounding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[160,3,42,23],"tags":[],"class_list":["post-2886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-axim-biotechnologies","category-company-news","category-dixie-botanicals","category-kannaway"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Medical Marijuana, Inc. 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