ForeverGreen™ Worldwide Corporation announces the Company prepares for its first product launch and expansion into the CBD market.
Cannabidiol is understandably generating worldwide interest from both the scientific and investment communities. It's hard to ignore a market sector projected to nearly quadruple from about $16 billion last year to more than $63billionworldwide by 2024. In just the United States alone, the marijuana industry could create an economic tsunami estimated to surge past $75 billion annually by 2022.
Broad spectrum CBD hemp oil is the first CBD oil product to launch in the first quarter as it reaches the final stages of development. The product is described as being completely THC-free and gives way to a wide range of benefits such as calming the effects of pain and discomfort, inflammation, anxiety, and stress.
"We are particularly eager to expand our company products into the CBD industry. This is such a rapidly, growing market right now and we anticipate these CBD products are going to drive sales worldwide. The buzz for CBD hemp oil has been steadily increasing and goes along with our overall goal, to promote health and wellness. Capturing a small part of this booming industry is going to bring endless opportunities for ForeverGreen," stated Joe Jensen, ForeverGreen's Executive Officer.