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CBD is the hot ticket item right now and it has been making waves in many industries. Only a few years ago, it was an obscure niche product found in small health food stores and local smoke shops. From these humble beginnings, the popularity of CBD products means they have made their way into major grocery stores, nationwide gas stations, and just about every retail shop known to man. By now pretty much everyone has heard of CBD and its reported benefits. From $292 million in 2016, the industry is expected to explode to $2.15 billion in 2021. Some are even projecting that the entire industry will eventually balloon to over $20 billion in yearly revenue. That is huge growth and many large companies are keeping an eye on this industry. Even Coca-Cola said they are “closely watching” the CBD market.
Maybe you have heard of CBD from a friend or family member, but not you are not quite sure of exactly what it is. Millions of people are asking this question daily, so do not fret cause we have an explanation for you! CBD is an acronym for the word Cannabidiol. Cannabidiol is what is called a cannabinoid and they are found in the Cannabis Sativa plant. Now, this plant may sound familiar to you and for good reason. Cannabis is the scientific name for the plant that marijuana comes from and is known around the globe for getting people high. Marijuana is high in a cannabinoid called tetrahydrocannabinol (THC). THC is the cannabinoid that gives you the euphoric feeling of being high. While there is a lesser-known cousin to marijuana called industrial hemp. Hemp is low in THC, but high in CBD. CBD is similar in structure to THC and they are both cannabinoids, but CBD does not have any of the same psychoactive effects even though they both come from the same plant family.
Many users of CBD have reported that it has many healing properties. That it can treat a variety of conditions from anxiety and depression to more serious conditions such as cancer and epilepsy. CBD can now be found in a myriad of products including lip balms, lotions, bath bombs, edibles, beverages, and even treats for your pets. Each day many more people are exposed to CBD and its potential benefits as it shows up almost everywhere we look. Perhaps you have seen this growth trend and thought of opening up your own CBD business. Maybe you plan to create your own CBD products or intend to use a lot by macro dosing. Whatever your needs read on to find out some tips when buying bulk CBD oil.
Above are some of the key factors you should consider when looking to buy bulk CBD oil. By giving these guidelines serious consideration, you can be sure that you or your customers are getting the best CBD available on the market.
The hemp industry has entered an “era of discovery” as more customers hunt for new and exciting compounds. Although the
The hemp community has a severe case of “-phorol” fever. For those who aren’t hip to the alternative THC scene,
When the US Government legalized hemp in 2018, consumers and manufacturers only talked about one compound: cannabidiol (CBD). Not only
Cannabidiol (CBD) still dominates the global hemp industry, but dozens of alternative cannabinoids are steadily gaining a significant market share.
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