Are you curious about how CBD is effecting American or worldwide industries?
The CBD industry is one of the fastest-growing industries in the world.
In 2021, $5.31 billion was spent on CBD products, out of which $560 million was spent on pet CBD products.
A large percentage of people using CBD use it to relieve pain, but there are many other common uses for CBD as well.
It is estimated that by 2025, this sector will be worth more than $20 billion globally. This growth has been driven by an increasing awareness of the potential health benefits offered by CBD products, as well as its availability in a variety of forms.
As more research into the therapeutic properties of CBD continues to come out and legislation changes across different countries to make access to CBD easier, we can expect further growth in this booming industry over the coming years.
Here are aspects of the CBD industry that we will cover in the coming posts:
- CBD News
- CBD Markets
- How People View CBD
- The Future of CBD
- CBD Businesses
- Other CBD Products
- Other CBD Resources
- Emerging CBD Markets
- The Evolving Reputation Of CBD vs Cannabis vs Marijuana
- Stereotypes of CBD vs Reality
What’s Brewing in CBD News?
If you’ve been following any online news sources, you’ve already seen that CBD is quickly becoming a hot topic, as more and more people are learning about its potential health benefits.
Medical professionals and researchers are talking about CBD. Major media outlets including CNN, BBC News and The New York Times are talking about CBD.
What’s the buzz about?
CNN has recently reported on how more and more states are legalizing CBD for medical use, as well as how to access CBD legally.
BBC News has also reported on the success of some companies that specialize in producing high-quality CBD products.
The New York Times has written multiple articles discussing how CBD is being used to treat ailments such as chronic pain and anxiety.
Other news sources have covered the potential health benefits of CBD for conditions like epilepsy and Alzheimer’s disease.
There have also been studies conducted by researchers at Harvard Medical School have found that regular use of CBD oil may reduce inflammation and possible protect against diabetes and cancer.
We can expect to see even more coverage of this industry in the news.
This will help inform consumers who may be interested in trying out CBD products for themselves.
CBD Markets
The CBD market is growing rapidly, with new products and opportunities appearing in different sectors every day.
Consumers- everyday people like you- are increasingly turning to CBD for its potential health benefits.
CBD is growing in availability, now coming in a variety of forms such as oils, tinctures, edibles and topical creams.
As the industry continues to expand, we can expect to see new markets springing up to cater to different needs or demographics.
These may include specialized markets like those targeting:
- athletes
- seniors
- cancer patients
- more general markets that offer a wide range of products for all types of consumers.
With so many options available now and even more on the horizon, it’s no wonder that the CBD market is one of the fastest-growing industries in the world today. Almost everywhere you turn, you will see CBD popping up in both current and new markets.
How People View CBD
What are your thoughts on CBD?
Consumers view CBD in a variety of ways. Many people turn to CBD for its potential health benefits, such as reducing anxiety and inflammation, improving sleep quality, and relieving pain.
Others use it for its recreational value or to explore its potential as an alternative treatment option. As awareness of CBD continues to grow, more people are trying out the products available.
And some people believe using CBD is the same as doing drugs, like marijuana. There are still some people who have negative views of it.
Which one are you?
What kind of experience have you had with CBD? And what have you heard? Chances are, you have heard varying opinions and thoughts on the subject.
You or someone you love may be skeptical of CBD’s potential health benefits or concerned about its legal status in certain countries. Others may simply view it as an unnecessary expense that could be better spent elsewhere.
Some people also worry about the possible side effects of using CBD products. These risks can often be decreased by choosing high-quality products from reputable companies and talking to a medical professional before using any form of CBD product.
We’ll talk more about CBD perspectives in the future.
Speaking of the future…
The Future of CBD
Presently CBD is quite popular and succeeding as an industry. What does the future look like?
The future of CBD is looking very promising, as research continues to reveal its potential health uses.
Scientists are particularly interested in the anti-inflammatory and antioxidant qualities that may help reduce pain and inflammation that our friends with chronic illnesses experience. As more studies are conducted on the effects of CBD, it could become an increasingly popular option for treating a several medical conditions.
Researchers have begun and will continue exploring the use of CBD for mental health issues such as:
- anxiety
- depression
- neurological disorders like epilepsy
- pain relief
- insomnia relief
In addition to being used as therapy, CBD also has potential uses in cosmetics products due to its ability to moisturize skin without clogging pores or causing breakouts.
There are also studies being done to see how CBD could benefit cancer patients, football players, and even those with fibromayalgia.
With so much promise ahead for this powerful compound, it’s no wonder why people all over the world are turning their attention towards the possibilities offered by CBD.
All About CBD Businesses
The CBD industry is an ever-growing market with plenty of business opportunities for entrepreneurs.
Some people use that to help people, while others want to make money without caring about the safety of their customers.
With the increasing acceptance of CBD products, more and more businesses are popping up offering various types of CBD products.
But how do you know whether the CBD business you’re looking at, is a good one from which to purchase?
All CBD businesses are not created equal.
It can be difficult to identify what is a quality source of CBD, and what isn’t. We don’t want to buy from just anyone, when our health and wellness is effected. Always look for a certificate of analysis and clear labeling of products.
In this post we will explore how to identify a business that will provide quality CBD and support your wellness journey.
We’ll also include some tips on important things to consider if you are thinking about getting in on selling CBD yourself.
What’s New? Surprising CBD Products
We already know about gummies and creams. But are there other products available with CBD that haven’t hit the mainstream yet?
The CBD industry is full of creative and unusual products that are designed to meet the needs of a wide range of consumers.
Firs stop: food! CBD edibles and beverages are hitting the market like hotcakes ready off the frying pan. Mmmm, hotcakes!
But it doesn’t stop there! There are also some unique products on the market such mattresses and pillows, clothing, nail polish, and more. Some of these products have pretty legit benefits, while others are more hype than substance.
Many of these products offer an alternative way for people to enjoy the therapeutic benefits offered by CBD in new and exciting ways.
In upcoming posts we’ll give you some info on some of the new products you may or may not have heard of. We hope you’ll share with us any CBD products you’ve used and how they’ve effected you.
With so many options available now and even more on the horizon, it’s no wonder that CBD continues to be one of the fastest-growing industries in the world today.
Other CBD Resources
It’s important to get information about your wellness journey from reliable sources.
Just cause you head it from cousin Mike or your great aunt Linda, doesn’t mean it’s necessarily true.
Where can you learn more about CBD?
For those looking to learn more about CBD and the potential health benefits it offers, there are a variety of resources available:
- Educational websites!
Welcome to the digital age. Everything- literally, everything- is online these days.
There are so many informative blogs and forums online, where people can find a wealth of information on CBD- products, safety, benefits, and more. For example, our CBD Ultimate Guide.
- Customer service.
Many CBD companies have customer service representatives that can answer questions about their specific products or provide general advice on using CBD for various medical conditions.
Talking to someone from a company will also help you judge whether it’s a good business to purchase CBD from.
- Research studies related to CBD.
There are numerous publications from respected academic sources that cover the latest developments in this field.
Look for sites ending in .org, .gov, or .edu.
With so much information out there, anyone curious about CBD should have no trouble finding reliable sources of knowledge and insight into its potential.
Never stop learning. Learning keeps you young.
Emerging CBD Markets
One of the most exciting emerging CBD markets is pet care.
As more research is done on the potential health benefits of using CBD products, many pet owners are turning to these products for their furry friends.
Studies suggest that CBD may effect pets similarly to people. These products can be used to help with separation anxiety, pain relief, and mobility issues.
Then we have beauty and skincare products.
Companies are now producing an array of CBD-infused skincare items such as creams, lotions, masks, balms, and serums.
Research has shown that CBD can help reduce inflammation and redness in the skin while providing antioxidant protection from environmental stressors.
CBD can also be used to help treat acne and eczema due to its ability to regulate sebum production.
Another emerging CBD market is among athletes. Even boxers and football players are using CBD for recovery, to reduce muscle soreness after workouts.
Many sports organizations have relaxed their policies on CBD use by athletes allowing them to use it both during training and competition without penalty or disqualification.
CBD appears to be a trend that will keep on trending.
The Evolving Reputation of CBD, Cannabis, and Marijuana
The reputation of CBD, cannabis, and marijuana have changed in the public eye over the years.
Why?
There’s been an increasing acceptance of the therapeutic properties of these compounds. CBD has been gaining attention for its potential to help treat a variety of medical conditions such as anxiety, pain, seizures, and inflammation.
Cannabis is now widely used for both recreational and medicinal purposes. Once completely illegal, marijuana can be approved for medicinal use in some states.
Despite their growing acceptance, there are still some misconceptions about these compounds.
Did you know CBD is not the same at THC?
THC is what makes you high, but CBD is not the same thing. It has calming effects that can help reduce stress levels without impairing cognitive function.
We’ve all be taught, Say no to drugs!
Marijuana is often associated with drug abuse, but studies have shown that it may actually offer a number of health benefits when used under medical supervision. This includes treating symptoms associated with cancer and multiple sclerosis (MS).
Education on these compounds and their potential benefits can help shape our perspectives of the cannabis plant and compounds like CBD.
Your health is worth finding out the truth.
Stereotypes of CBD vs Reality
One of the biggest stereotypes associated with CBD users is that they are “stoners” who use it solely to get high.
This simply isn’t true; many people choose to use CBD for a variety of reasons.
Most people use CBD for pain management.
Others use CBD to help them with stress, anxiety, insomnia, or staying alert.
Very few people start using CBD because they want to get high. Because in reality, you cannot get high from using CBD.
An Important Industry
Is CBD an important industry in America?
Do you know anyone who uses or is considering using CBD? Most likely, you do.
In 2022, up to 26% of adults reported using CBD products.
Without a doubt, CBD is proving itself to be a big deal. It’s a rapidly growing industry in America.
With its increasing acceptance among consumers, more businesses are popping up offering various types of CBD products, with a wide range of options.
Additionally, researchers have begun exploring the use of CBD for mental health issues along with physical ones.
These benefits can be exciting for those with chronic conditions like anxiety, arthritis, or epilepsy.
Many people are excited to learn about holistic wellness opportunities that may set them free from relying on prescription drugs.
As awareness continues to grow around the health benefits offered by these products, we can expect even more people getting involved in industry. Therefore it is safe to say that the CBD industry is an important sector in American society and may continue to grow exponentially.
We hope you’ve enjoyed learning about this exciting industry.
Your turn… where have you seen new CBD information or products in your life that show its increase in popularity? Share in the comments below, we’d love to hear about it.