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.

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