Report: Over Half a Billion Dollars in Hemp Products Sold in U.S. in 2015

The Hemp Industries Association (HIA), a non-profit trade association consisting of hundreds of hemp businesses, has released a report detailing thehemp size of the U.S. retail market for hemp products for 2015.

According to the report, there was $573 million in hemp products sold throughout the United States in 2015: This is, of course, despite the cultivation of hemp remaining illegal.

Of the $573 million, $283 million came from hemp food, supplements and body care products. Textiles constituted $95 million of this total, industrial hemp products (such as car parts) made of $116 million of the total number, and in regards to hemp derived CBD products, there was roughly $65 million sold. Other consumer products such as paper and construction materials accounted for the remaining 2% of the market.

Read moreReport: Over Half a Billion Dollars in Hemp Products Sold in U.S. in 2015

Over $620 Million in Hemp Products Sold in the U.S. in 2014

The Hemphemp Industries Association has released a report which estimates the amount of hemp products sold in the United States in 2014.

According to the report, there was $200 million worth of hemp food and body care products sold in 2014. An additional $420 million worth of hemp milk, seeds, soaps, lotions, clothing, auto parts, building materials and various other products were sold (congressional research estimates the hemp market to consist of over 25,000 various products), bringing the total amount of hemp products sold in the United States in 2014 to $620 million.

Read moreOver $620 Million in Hemp Products Sold in the U.S. in 2014