What You Need To Know About The Pet CBD Business
Cannabis's new customers may have four legs, but the market for them takes some savvy to navigate.
Like adorable puppies in a store window, the booming industry of CBD for pets is hard to resist. Sales within the sector quadrupled in 2018, going from $8 million in 2017 to $32 million just a year later, according to the cannabis research firm Brightfield Group. By 2022, it predicts, the market could reach $1.16 billion. But despite the barkfest, making a profit in the space is no surefire bet. We caught up with a few founders and execs on the ground for guidance.
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