You can find cannabidiol-infusions (CBD-infused) in just about everything these days throughout the USA. Expect them to hit your local cosmetics retailer Sephora.
Analyst at Piper Jaffray, an investment banking company, Erinn Murphy, stated: “This week at Sephora, we noticed a curated section in-store for hemp-oriented products featuring brands that have dipped their toe into this space. We have seen a high level of interest in cannabis beauty from retailers over the past month based on our store checks and incremental launches. We expect further retailer developments in the coming months.”
Other cosmetics retailers, like Barneys and Neiman Marcus, have followed suit with Sephora and announced their own selection of CBD beauty products to purchase from. Barneys will have CBD products available for purchase at a select location in Beverly Hills, California by March of this year. Neiman Marcus announced that it will begin to carry a range of CBD beauty products in five select store locations with the option to purchase them online. Beauty products that contain CBD do not provide any of the “high” qualities from tetrahydrocannabinol as CBD is a non-psychoactive cannabinoid from cannabis or hemp.
Piper Jaffray has the CBD beauty product industry valued at $50 to $100 billion.
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Murphy also went on to say, “…we view the CBD beauty market as an extension of the broader natural & clean beauty movement that is taking hold within the industry. Google search trends suggest consumer interest in cannabis beauty has been picking up over the past year.”
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