CBD is rapidly becoming a huge business. A few short years ago CBD was only something you would find in niche health food stores or maybe your hippie aunt told you about. Despite that CBD has grown into a multi-million dollar industry that is expected to top $20 billion by 2021. This has led to many companies popping up overnight and CBD can now be found almost everywhere and almost everyone is talking about it. From athletes to stay at home moms and everyone in between is using CBD now. Even people who historically would not touch a cannabis product with a ten-foot pole are now using it. CBD has taken the world by storm and there is no indication that it will ever slow down or go away. If you have been dreaming of starting your own CBD business, then now is the time and here is a guide to help you choose the best CBD oil producers out there as well as deciding on if you want to sell the manufacturer’s labeled product or start your own brand with a white-label or even have them formulate your own product with a private label agreement.
How Are CBD Oil Producers Alike?
With so many CBD oil producers it is no surprise that many of them share some common traits. For instance, CBD oil producers face the same challenges when it comes to extracting the CBD from the plants themselves. They also share the same stigma as being associated with the cannabis industry so closely. Another factor that they have in common is the customer base is pretty much the same across the board and all CBD oil producers are vying for a piece of the same pie. This is where the similarities end though, and there are many ways that CBD oil producers are different.
What Sets the Best CBD Oil Producers Apart From the Rest?
The best CBD oil producers hold themselves to a higher standard than the rest for many reasons. This can be how the CBD is extracted, what kind of practices they follow, what are their certifications, if they make lab reports available, and where the hemp is sourced from. In fact, this could be turned into five questions you should ask a CBD oil producer before making a wholesale purchase.
How is the CBD Extracted?
The method of extraction can make a huge difference in the overall quality of the oil produced. There are three main techniques of extraction being solvent extraction, steam distillation, and CO2 supercritical extraction. While solvent extraction and steam distillation are less expensive, they do not lead to a higher quality oil. CO2 supercritical extraction is the best method to obtain the oil but is often more expensive than the rest. The best oil producers will almost always use the CO2 supercritical extraction method. It is a good idea to read up on different extraction methods to determine which fits your needs and budget the best.
What Kind of Practices are Followed?
Producers that follow organic, non-GMO, and pesticide-free practices will almost always have better quality oil than any others. This is because the end product will be mostly free of any toxins or heavy metals. The best producers make sure to follow these practices and get rigorously inspected by the right agencies to ensure they are following them. This is a great question to ask when trying to ascertain whether or not the producer is going to be a good one to purchase from.
Do They Make Lab Reports Available?
Lab reports or COAs can be a great way to determine the quality and potency of the CBD oil produced by a producer. Does the company make this information freely available to read? If so you can be relatively sure that the company is producing high-grade oil and that they stand behind it. If a company does not offer a lab report then it might be best to skip them and go for one that does. This is a major thing in maintaining faith in the CBD industry and should always be considered when looking where to purchase your CBD wholesale order.
Where is The Hemp Sourced From?
Lastly, it is a good idea to ask where the hemp is sourced from. It is best to find American grown hemp as they are held to a higher standard than that originating from overseas. Furthermore, it is important to make sure that the growers also answer positively to the questions above. If possible look for a grower who also processes its own oil on site. This is what is known as vertically integrated farming and every step from seed to oil is controlled on-site. This leads to some of the best CBD available on the market and also cuts out the middle man making it very affordable.