With CBD, Cannabis Wellness Market Goes Big

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Sales of CBD are predicted to hit $22 billion in 3 years—and much of that projected growth is coming from CBD’s newly minted status as a health and wellness product

CBD’s newly minted status as a health and wellness product, where it’s treated as a

lifestyle oil that relieves pain, fights inflammation and provides consumers with a general sense of well-being, all without the “high” effects that can come with CBD’s sister extract, THC. Until recently, cannabis was looked at as medicinal- or adult-use. With CBD, a third cannabis category — wellness — is emerging.

It’s even catching the eye of retail analysts at Wall Street firms such as Piper Jaffray. Recognizing that stores, such as Sephora, are now dedicating significant shelf space to CBD, one analyst said that she expects to see a lot of growth in theAs the CBD market grows, it will pave the way for THC products . Today, cannabis companies can establish relationships with retailers and build brand awareness with consumers through CBD.

For now, CBD is being infused into face creams, bath bombs, makeup and dozens of pet products. Proponents say it works on everything from to aching joints, relieves anxiety and skin conditions, and relaxes and rejuvenates all parts of the body. A large part of this expanding category is the edibles market, where CBD is being touted as a

 

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I am on board with CBD are you?

Unfortunately, Gottleib resigned yesterday. Hopefully his successor will still want to find a pathway for approval for CBD products.

Look Motso187

just wait till there is a federal tax on that.

and we are not allowed to purchase it in South Dakota🙁

Even agrees, Shalini_bh

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10 Things We Know (As In, Actually Have Published Evidence For) About Cannabis And HealthWhat do we actually know about the health effects of cannabis products, from CBD to THC? The short answer: Not much, if you’re looking for peer-reviewed papers. But there are a few useful findings: Still. Let the ppl decide what they want to put in their bodies. If a man wants to put a pickle jar up his ass then so be it. Number 11 is it makes Pink Floyd sound even more pissah! One adult should not be allowed to tell another adult what to put in their bodies. It’s ridiculous.
Source: NPR - 🏆 96. / 63 Read more »