We are building a portfolio of world class, plant-based brands creating positive impact across diverse communities.
We are committed to delivering the highest quality hemp CBD products that really work.
We believe in reducing the world's dependence on pharmaceuticals by providing viable options for consumers to pursue wellness on their own terms.
CBD - AN INTERNATIONAL PHENOMENON
CBD's 2021 global market size was valued at USD $5.18B. It is projected to expand to $22.05B by 2030.
Significant increase in government approvals of CBD products is a major factor in global demand.
Global CBD industry growth from major industries including food & beverage, personal care and pharmaceuticals projected at CAGR of 16.8% from 2022 to 2030.
US MARKET DOMINANCE
GLOBAL LEADERSHIP POSITION
Today, North America dominates the market with a revenue share of over 85%. The US is expected to continue in its top position over the years to come, estimated at 14.9% CAGR by 2030.
CONSUMER AWARENESS & PREFERENCE
Both growing consumer preference and a rise in manufacturers fuel market growth. US retailers such as Walgreens (1500 stores) & CVS (800 stores) now sell CBD products. Sephora and Ulta Beauty also stock CBD lotions and cosmetics brands indicating widespread consumer popularity.
The US continues to invest highly in CBD research and development activities. Favorable legal and government approvals are a major factor in US growth including the proliferation of health, wellness and pharma brands.
Our leadership team has built and exited some of the most successful companies in the space.
1008 Homer Street
Vancouver, BC V6B 2X1
At Bluesky Wellness, we acknowledge we are situated on the unceded traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Nations.