The market is currently worth £300 million in the UK, a figure that is expected to more than triple24 May 2021 21:03
The market is currently worth £300 million in the UK, a figure that is expected to more than triple in the next five years. That equates to a £1 billion market in CBD alone by 2025. The number of CBD oil users also doubled from 125,000 to 250,000 between 2017 and 2018. High street chains such as Holland & Barrett, Boots and Lloyds Pharmacy are all stocking CBD products as they provide the most accessible products for both producers and consumers.
All CBD oils incorporated into high street products are imported into the UK, predominantly from the US and Eastern Europe. It is questionable whether all these imports go through the rigorous testing process required here to confirm compliant levels of controlled substances.v