Cannabis-infused beauty products are going to grab a piece of a $167 billion market

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Beauty products infused with cannabidiol, or CBD, are going to grab 15% of the $167 billion skincare market in a decade, Jefferies says. CBD has been linked to a range of potential health benefits, and does not get you high. Due to this wellness benefit, retailers are selling CBD-based products like teas, beer alternatives, coffee, supplements, and dog treats. A wave of marijuana legalization has also driven the commercialization of CBD-infused beauty products, according to Jefferies.

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