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The Growth of the CBD Market

Monday, November 4th, 2019
cbd market

 

CBD is big business all of a sudden, and you can’t fail to have read about it in the press. If you’re reading this, the chances are you know a little about CBD and may have questions. Why has the market expanded so much? What is CBD? What is CBD used for? These are some of the questions we aim to answer in this short article. So please read on for more information on CBD and it’s many benefits.

What is CBD?

CBD is short for cannabidiol. It is a compound that can be extracted from the cannabis plant. Cannabis sativa, to give it the full name, is a much-researched plant. You may know cannabis as weed, or marijuana, and there are various strains of the plant. In addition to the CBD compound of the plant, there are more than 100 other known compounds within the cannabis plant. One of these is tetrahydrocannabinol, or THC. THC is the compound that gives you the ‘high’ when you smoke weed.

CBD does not get you high. To be sold legally, any CBD product must be made from a strain of cannabis known as Industrial Hemp. Hemp is notably lower in THC than other strains and must contain no more than 0.3%  THC content. So, now you know what CBD is – you can find it in oil form, e-liquid, and a variety of edibles such as gummies – let’s have a look at why the market us undergoing a boom, and what it is used for,

The Law and CBD

Across the USA CBD is now legally obtainable, as long as it meets the criteria mentioned above. This is distinct from the various states in which cannabis itself – both possessing and growing – has been legalized, which is important to remember. CBD is not cannabis, it is an extract of the plant.

Naturally, the legalizing of CBD has led to increased demand and, as a result, a massive boom in people setting up CBD processing plants for production. Be aware that these must be licensed, so we recommend you find a reputable supplier such as Plain Jane, an online supplier of a range of high quality products called CBD Hemp Flower that come highly recommended by users. As long as your supplier is approved – and can tell you where the CBD originates from and what tests for quality it has been put through – then you are in safe hands.

What is CBD Used For?

Medical marijuana has been prescribed in certain states for some years as an aid for sufferers of a number of chronic conditions. Now, CBD is being used by the same people, as well as many more. It is important to know that CBD has yet to be ratified by the authorities as a medicinal product; you are buying it as a supplement for your own needs.

Many thousands of users have long hailed CBD – taken in oil or vape form – as a very effective reliever of chronic pain. Others say it helps them control anxiety, may help with depression, and is an aid to better sleep patterns. The list of ailments it has been used to treat is lengthy, and laboratory trials have shown some promising if unconfirmed results. Indeed, one area of research using mice points towards CBD stunting the growth of cancer cells; many in the field of research believe there may be a breakthrough in the not too distant future.

In short, the CBD market is growing fast thanks to the legalization of a product that is safe, that helps with pain relief and has other health benefits, and into which considerable research is still taking place. Buy yours from a reputable seller, and you can enjoy the benefits too.

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