Growing interest in CBD
- April 8, 2022
In recent years, the CBD market has really exploded in Europe. In 2020, the value was measured at € 8.3 billion and it is estimated that it will increase to € 13.6 billion by 2025. In line with the growing interest, the number of players in the industry has increased. This in itself has meant that there is more talk about CBD and the stigma around hemp is slowly declining. A study conducted by the European Industrial Hemp Association states that the CBD sector today consists of small to medium-sized companies where 69% of them have 9 or fewer employees.
Green Boost is a product and marketing company based in Stockholm Sweden . The business consists of organic hemp cultivation, product development, production and sales of products made from industrial hemp that are approved on the European market.
Green Boost World AB has also registered Green Boost World Ltd based in Dublin Ireland to be able to reach the UK with selected CBD products. Green Boost World also has a subsidiary Green Boost Medical AB.
The business concept is to develop, produce and sell skin care, health food & wellness products, based on a pesticide-free content ( free from all environmental toxins), organically grown and EU-approved industrial hemp in Europe.
The market in Europe for the company’s CBD products is estimated to continue to increase.
Sales will mainly take place through our contracted partners who already sell products to pharmacies, health food stores, store chains.