Why The CBD Industry Benefits Aren’t Reaching People Of Color

There’s never been a better time to enter the cannabis industry. CBD (cannabidiol), the cannabis compound that promises the relaxation of marijuana without the high, will be a $22 billion industry by 2022, according to the market research firm Brightfield Group. Cannabis products are everywhere, and last year President Donald Trump signed legislation that made hemp, the form of cannabis that most companies source their CBD from, federally legal. Business is booming.

Chanda Macias, the CEO of National Holistic Healing Center, a cannabis company based in Washington, D.C., says she and countless other women are creating “unique products that address voids” in the CBD market. According to Macias, who is also the CEO of Women Grow, an organization focused on women leadership in the cannabis industry, the CBD boom has given investors an incentive to pour money into cannabis

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