How CBD Is Becoming More Than A Wellness Trend
In 2015, the cannabis market was valued at $90 million. According to Grand View Research Inc, that number will jump to $22 billion within the next year - and a staggering $146.6 billion by 2025. A combination of widespread legalization, significant investment and increased research has resulted in a complete shift in the way consumers look at cannabis.
It’s safe to say that CBD is indeed much more than just another trend. But what does this mean for you? Is there some kind of untapped potential that’s worth making a business venture out of, or is it too late? Let’s take a look at the future of the CBD industry and what has made it such a compelling product.
As you may already know, cannabidiol, or CBD for short, is one of the most well-documented compounds of hemp, which is a type of cannabis plant. It is free from tetrahydrocannabinol (THC), which is what the media and general public usually associate with cannabis due to its psychoactive properties.
A legal limit of 0.3% THC content applies to CBD products in the United States, but most of them contain none at all. As more and more consumers learn this fact, the stigma around cannabis continues to dwindle.
This, combined with an increase in the publication of scientific research around its health benefits, is putting CBD under a positive new light in the eyes of the general public. Its ability to treat an ever-growing list of conditions makes it a compelling health supplement for many people.
This goes a long way in speaking for its potential, as there’s a clear demand for cannabis products. While there are many entrepreneurs who have already capitalized on this, the cannabis industry is far from oversaturated.
To better understand why the demand for CBD products is something that will continue to increase, let’s run through some of its better-known and more well-researched health benefits. Keep in mind that we’re far from done when it comes to researching its effects on the human body, so there’s still much to be unraveled.
So far, we know that CBD oil is capable of reducing our risk of diabetes, cardiovascular disease, cancer, bone disease and much more. Its anti-inflammatory properties help protect our skin and reduce signs of aging, in addition to treating acne. This alone means there’s a significant potential for CBD in the skincare industry.
Another major concern that general consumers have today is stress and anxiety. Popular treatments usually involve the use of pharmaceutical drugs with undesirable side-effects. Numerous studies have shown that CBD oil is highly capable of treating anxiety and stress, but without all the negative side-effects.
There’s also depression, something that over 16 million Americans suffer from. Unsurprisingly, we’ve found that CBD oil positively affects our serotonin levels, thus making it capable of reducing depression and other mood disorders. This list can quite frankly go on forever, as CBD oil is also capable of treating sleep disorders and chronic pain, among others issues.
This exhaustive list of health benefits means there are countless people who can benefit from CBD, which is great news for someone who wants to cash in on this industry while it’s still in its relative infancy. If you’re interested, be sure to check out this post on becoming a CBD oil distributor, which explains in further detail what you can expect.
It should be very clear at this point that now is the best time to enter the CBD industry. With enough persistence and a bit of creativity, you can easily become a key player in helping the world enjoy the benefits of cannabis products.