With the CBD market expected to become a $22 billion industry by 2022, it was only a matter of time before the U.S.’s third largest shopping site, Shopify, allowed hemp and hemp-derived CBD products onto its platform.
Shopify announced that, starting today, CBD sellers can now join the platform’s more than 800,000 global merchants and build a store on the company’s platform, use its marketing tools and other apps that deal with inventory management and logistics, and customize shipping for customers in different states to remain compliant. Shopify’s move comes weeks after BigCommerce, a competitor, announced a suite of tools for CBD merchants.