Cowen Forecasts $1.5 bn U.S. CBD Topical Market by 2020

Cowen Forecasts $1.5 bn U.S. CBD Topical Market by 2020 The passage is a commercial market outlook with no mention of political figures, government agencies, or illicit activity. It offers limited investigative value beyond general industry trends, making it a low‑impact lead. Key insights: Predicts U.S. topical CBD market could reach $1.5 bn by 2020 (~12% market share).; Estimates total addressable U.S. topical market at $12.8 bn in 2018.; Scenario analysis suggests 7‑17% market share translates to $900 mm‑$2.14 bn in revenue.