
CBD - The Next Big Thing?
$22 Billion Market by 2022
Sold as pills, oils, tinctures, topical lotions, and even in bottled water, coffee, beer, and cosmetics, CBDs are already in hundreds of products on the market. According to the Brightfield Group, a market research firm specializing in cannabis. The company expects the CBD market from hemp alone to grow to $22 billion by 2022, up from $327 million in 2017.
What's for What?
With CBDs apparently being used for so many different ailments and an ever-growing number of product choices, what product is right for your customer ?
The section below is a guide to the main “classes” of CBD Products and when and where they are generally most applicable.
The section below is a guide to the main “classes” of CBD Products and when and where they are generally most applicable.
Drops & Tinctures
CBD tinctures are generally made from high CBD strains of hemp, with 60 to 70 percent alcohol. They are primarily used to help relieve anxiety & nausea, or to aid in pain management.
Tinctures are convenient and have a long shelf life. Tinctures are absorbed easily when taken under the tongue.
Tinctures are convenient and have a long shelf life. Tinctures are absorbed easily when taken under the tongue.
Edibles & Candies
Edible CBDs offer a number of benefits over other forms of CBDs. Perhaps most importantly for many, is avoiding inhalation. As most CBD edibles come in pre-dosed servings, they allow for more control over dosing. Allowing the user to measure their CBD intake compared to their desired results.
CBD for Pets
Touted as a powerful pain-reliever, CBD treats have been shown to reduce inflammation as well as suppress pain. Allowing dogs to heal or manage their disease with more ease. If your dog’s physical health is fine, but you want to improve their emotional or mental wellness, CBD treats could be a great solution, too.
Pills & Capsules
Claims have been made that CBD oil can promote sounder sleep, reduce inflammation and pain, fight oxidative stress, improve heart health, support weight loss, and protect against some forms of cancer. Capsule & pill forms of CBD are an easy and convenient way to both take CBD and remain in control of dosages.