The Global CBD (Cannabidiol) Market was valued at USD 567.2 Million in 2022 and is projected to reach USD 714.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period (2024–2030). This growth is being driven by increasing consumer acceptance of wellness products, expanding legalization across key markets, and the accelerating adoption of pharmaceutical-grade CBD in medical and therapeutic applications.

As the wellness industry transforms toward evidence-based natural products and holistic health solutions, the spotlight is on the key producers and retailers who are driving innovation, quality standards, and scientific validation. In this blog, we profile the Top 10 Companies in the CBD Industry—a mix of multi-state operators, wellness brands, and pharmaceutical pioneers shaping the future of global cannabinoid markets.

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🔟 1. Trulieve Cannabis Corp.

Headquarters: Quincy, Florida, USA
Key Offering: Full-spectrum CBD oils, tinctures, topicals, and capsules

Trulieve is a leading vertically integrated cannabis company and one of the largest CBD and THC operators in the United States. Their product portfolio serves both medical patients and adult-use consumers across multiple states, with significant investments in clinical research and formulation technologies.

Innovation Initiatives:

• Proprietary strain development and extraction methods

• Strategic retail expansion with over 180 dispensaries nationwide

• Commitment to pharmaceutical-grade product quality and consistency

Download FREE Sample Report: CBD (Cannabidiol) Market – View in Detailed Research Report

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9️⃣ 2. Curaleaf Holdings, Inc.

Headquarters: Wakefield, Massachusetts, USA
Key Offering: CBD oils, capsules, topicals, pet products

Curaleaf operates in 19 states with 152 dispensaries and 29 cultivation sites. It is a significant player in both medical and recreational cannabis markets, offering a diverse portfolio of CBD-dominant and balanced products.

Innovation Initiatives:

• Nationwide retail and wholesale distribution network

• Strategic acquisitions to expand product lines and market reach

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8️⃣ 3. Green Thumb Industries Inc. (GTI)

Headquarters: Chicago, Illinois, USA
Key Offering: RISE CBD products, tinctures, and wellness formulations

Green Thumb Industries manufactures and distributes a portfolio of CBD and cannabis brands including RISE, Dogwalkers, and incredibles.

Innovation Initiatives:

• Consumer-focused product development and branding

• Investment in clinical research on CBD efficacy and safety profiles

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7️⃣ 4. Charlotte’s Web Holdings, Inc.

Headquarters: Boulder, Colorado, USA
Key Offering: Full-spectrum hemp extract, CBD oils, capsules, gummies

Charlotte’s Web is the market leader in hemp-derived CBD products, known for its high-quality, full-spectrum hemp extracts and extensive retail distribution.

Innovation Initiatives:

• Pioneering research on hemp genetics and cultivation

• Partnerships with major retail chains for nationwide availability

Download FREE Sample Report: CBD (Cannabidiol) Market – View in Detailed Research Report

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6️⃣ 5. Cresco Labs Inc.

Headquarters: Chicago, Illinois, USA
Key Offering: CBD wellness products, tinctures, topicals

Cresco Labs is one of the largest vertically integrated multistate cannabis operators in the U.S., with a focus on branded products and distribution.

Innovation Initiatives:

• Extensive wholesale network supplying over 1,400 dispensaries

• Expansion into high-growth markets with limited license structures

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5️⃣ 6. CV Sciences, Inc.

Headquarters: Las Vegas, Nevada, USA
Key Offering: PlusCBD branded products, oils, capsules, gummies

CV Sciences operates two distinct business segments: consumer products (PlusCBD) and specialized pharmaceutical development.

Innovation Initiatives:

• Pharmaceutical R&D for FDA-approved cannabinoid-based medicines

• Focus on scientific validation and clinical research for product claims

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4️⃣ 7. Medical Marijuana, Inc.

Headquarters: San Diego, California, USA
Key Offering: Hemp-derived CBD oil, topical products, and isolates

Medical Marijuana, Inc. was the first publicly traded cannabis company in the U.S. and has a diverse portfolio of hemp-based CBD products.

Innovation Initiatives:

• International distribution network spanning multiple continents

• Dedicated pharmaceutical investment in cannabinoid research.

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3️⃣ 8. Canopy Growth Corporation

Headquarters: Smiths Falls, Ontario, Canada
Key Offering: CBD oils, softgels, and wellness products

Canopy Growth is a world-leading diversified cannabis and CBD company, offering a broad range of products across medical, recreational, and wellness markets.

Innovation Initiatives:

• Strategic partnerships with beverage and CPG companies for CBD product development

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2️⃣ 9. Aurora Cannabis Inc.

Headquarters: Edmonton, Alberta, Canada
Key Offering: CBD softgels, oils, and clinical-grade formulations

Aurora Cannabis is a global leader in the cannabis industry, with a significant focus on medical cannabis and CBD products supported by clinical research.

Innovation Initiatives:

• Focus on medical research and pharmaceutical applications

• International expansion into regulated medical cannabis markets

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1️⃣ 10. Tilray Brands, Inc.

Headquarters: Leamington, Ontario, Canada
Key Offering: Medical CBD products, oils, and wellness formulations

Tilray is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America.

Innovation Initiatives:

• Strategic acquisitions to expand international footprint

• Expansion of medical cannabis and CBD products into European markets

Get Full Report Here: CBD (Cannabidiol) Market – View in Detailed Research Report

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🌍 Outlook: The Future of CBD Markets Is Evidence-Based and Global

The CBD market is undergoing a significant maturation phase. While wellness products still dominate in volume, the industry is investing heavily in clinical research, pharmaceutical development, and international expansion.

📈 Key Trends Shaping the Market:

• Growing consumer demand for natural wellness alternatives to traditional pharmaceuticals

• Regulatory clarity and legalization expanding across new markets and applications

• Pharmaceutical partnerships and FDA approval pathways for cannabinoid-based medicines

• Diversification into new delivery formats and combination products

Get Full Report Here: CBD (Cannabidiol) Market – View in Detailed Research Report

The companies listed above are not only driving global CBD market growth—they’re establishing the scientific foundation for the next generation of cannabinoid-based health solutions.