The extraction and sale of CBD oil were legalized in India in 2017 under Ayurvedic regulations.
Hemp Horizons, one of the biggest CBD oil companies in India says that the CBD market is set to grow ten times over in 2021!
Rohit Shah, the founder of Hemp Horizons, confesses that the CBD industry has been seeing tremendous growth in the last few years.
He posits that the CBD industry will experience a boom, especially since the Food Safety and Standards Authority of India (FSSAI) will legalize CBD for food and beverage.
Most CBD companies in India rely on Hemp Horizons for private label products. Hemp Horizons is the biggest CBD manufacturer and according to the owner, the CBD market is about to get lit!