CBD is everywhere these days, and in every possible form that can be made. Years ago the market was dominated by CBD oil, but now you can find gummies, vape cartridges, skin care products, bath bombs, bath salts, drinks, food, and just about whatever else you can think of. The CBD industry has taken off from around $292 million in 2016 to an expected $2.15 billion in 2021. The entire industry is expected to top over $20 billion in annual revenue in the future. That is a big jump in just a few short years and some are calling it the next “gold rush.”
Starting Your Own CBD Business
Perhaps you have tried CBD, it has helped you out immensely and now you want to share it with the rest of the world. Or maybe you have seen the incredible growth of the industry and want to get in on it while the growth is exponential. Whatever your motivations are it is good practice to know what items are the most popular and with whom. It is also a great idea to find a reliable CBD wholesaler with high-quality products and awesome prices. Read on below to find out more about both of these.
CBD Products That Are Hot Sellers
CBD oil and tinctures continue to dominate the market as they are usually most people’s first introduction to the world of CBD. Taking CBD orally is one of the best ways to take CBD as the effects are long-lasting and highly effective. This has led to things like edibles and in particular, gummies becoming exceedingly popular as well. Ingesting CBD by eating it is one of the most popular forms of use. Another extremely popular form of usage is smoking or vaping CBD. This has led to CBD flower and vape cartridges being another in-demand product that is regularly sought after by consumers. Finally, salves, lotions, and other bath products have begun to fly off the shelves in recent years. With so many people reporting benefits from using CBD the focus has shifted from prior cannabis users to everyone resulting in a huge uptick in the customer base.
Why are gummies so popular? They’re popular for a myriad of reasons, including they are easy to use, discreet, easy to carry around, long-lasting, and most importantly they are delicious. CBD gummies are extremely easy to use and are the preferred method of consumption for a lot of people. Each gummy candy contains a premeasured dose removing the guesswork and they provide long-lasting relief. This makes it easy to take any time of day or night and even easier to throw in a snack bag and bring on a hike, to work, or just about any activity. They are discreet as nobody has to know you are taking CBD and will think it is just candy. CBD gummies are popular with people of all ages and some parents have even begun to give their children small doses of CBD.
CBD Flower and CBD Vape Cartridges
These are an excellent option for many and especially those who are looking to replace marijuana or tobacco with CBD. Smoking or vaping CBD works almost instantaneously and the effects can be felt in seconds. A great benefit to flower and cartridges is they tend to include a wide array of terpenes, flavonoids, and other compounds found in the hemp plant that may also be beneficial. Many users have even stopped using harmful tobacco products and replaced them with CBD flower or CBD vape cartridges. Some have even switched from marijuana to CBD in an effort to stop using THC, but still get the benefits of the cannabis plant. This method of consumption tends to be more popular with the younger crowd of 20 to 30 somethings especially when it comes to vaping.
CBD Lotions and Salves
CBD lotions, salves, and other bath products have seen a meteoric rise over the past few years. Skincare products containing CBD can now be found in most health and beauty stores across the country and for good reason. CBD has been reported to be highly effective when it comes to helping and relieving a variety of skin conditions. This has led to an absolute explosion of CBD lotions, salves, and other bath products on the shelves. These products tend to be more popular with women than men and in a wide age range from early 20’s all the way up to the elderly.
Wholesale CBD Products
Now that you know a bit more about CBD and the hottest trends in the CBD market it is time to find a good CBD wholesaler. Finding suppliers that have top quality products at the best prices can make or break your CBD business. CBD companies are popping up every day and it can be hard to sift through who has the best products and prices. For the best wholesale CBD products on the market, with the best prices, and the best customer service you will need to make sure you are not only looking at the price but also the quality of the product.
What is CBD?
CBD is a compound that is extracted from the Cannabis Sativa plant. This is the same plant that produces marijuana when THC rich strains are used as THC is the compound that gets you “high.” However, when used to produce CBD cannabis is often referred to as industrial hemp or just simply hemp. Hemp is very low in THC, but very high in CBD. The CBD is then extracted from the hemp and finds its way into a vast assortment of products.
Benefits of CBD
Some studies have shown that CBD can be helpful in a multitude of areas with preliminary research showing promising results. Although much more research needs to be conducted CBD has been reported to help a large number of conditions including anxiety, depression, a variety of skin conditions, digestive issues, pain relief, epilepsy, cancer, and many more. Thousands of users say that CBD has helped them with ailments they have been suffering from for years that regular prescription or over the counter drugs could not. Even people that would normally shy away from cannabis-based treatments have jumped on the bandwagon. This is due to the low amount of THC in CBD products which makes them non-psychoactive. CBD is an excellent way to get the therapeutic benefits of the cannabis plant without getting the “high” that is normally associated with it.