Hemp CBD Business Plan Templates

These days, at least 70 countries cultivate hemp for commercial or research purposes. The largest producers of hemp are currently China, France, Canada, USA and Chile. In 2023, hemp acreage in North America and the European Union countries totaled about 75,000 acres and 85,000 acres respectively, China – the world’s largest hemp fiber and seed producer – planted more than 340,000 acres of hemp, which put global acreage at about 520,000 acres. According to marketing analysis reports by Technavio, the global industrial hemp market size is set to reach $6.87 billion by 2027 with a CAGR of 17.1%.

Cannabidiol (CBD) is one of the numerous compounds found in the cannabis plant. CBD oil can be obtained from two different species of cannabinoids: marijuana and hemp, which come from the same plant species called Cannabis sativa. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, while marijuana-derived CBD oil products have a relatively high concentration of THC.  Therefor, marijuana-based CBD products can be used only when they are prescribed by doctors while hemp-based CBD oils do not normally require a prescription. Grand View Research estimates that the global hemp-derived CBD market size has increased to $4.3 billion in 2023 from $2.7 billion in 2022, and it is expected to grow at a CAGR of 15.8% from 2024 to 2030.

A complete 70% ‘ready to go’ Hemp CBD business plan template package with step-by-step manual is everything you need to create a professional business plan for a hemp growing, drying and curing, extraction, CBD products manufacturing, distribution, testing, retail, delivery, vertically integrated business and more with expert financials and projections. The Hemp CBD Business Plan Template includes:

• Excel financial model that you will be able to edit and customize according to your business needs

• Word business plan document template, open and editable

• PowerPoint pitch deck template, open and editable

• Unlimited support (email)

The Hemp CBD Financial Model is a fully-functioning Excel financial model that allows to change variables and immediately see the impact, break down operational and capital costs, know how much it will take to get into the business and show the potential profits from the business.

We also offer cannabis business plan templates at cannabusinessplans.com.