40% of Adults Have Tried CBD in States Where it Is Legal
Originally Appeared in Presence Marketing News, October 2019
By Steven Hoffman
Cannabidiol “isn’t just for a select few people,” claims market research firm The NPD Group. Nearly 20% of adults have tried CBD in states where it is legal, and almost half of them have used it recently, reported Darren Seifer, Executive Director, Industry Analyst for The NPD Group. This figure is expected to increase rapidly as CBD is appearing in snack foods and beverages, consumers are getting more comfortable with the idea and just as many people plan to try it as are currently using it, he says. “There is definitely interest on the part of consumers in CBD but its future in the mass market is dependent on legalization, which is now a patchwork of state legislation,” says Seifer. “Even with the complexities of legalization, consumer acceptance and adoption of CBD as a food and medicine is an important topic for food manufacturers to keep on their radar screens.” The Port Washington, NY-based market research firm said among those consumers using CBD, 40% of them are “seeking to better themselves with food and beverage choices…a stat that reflects the increasing use of food as medicine by consumers.”