Friday, October 25, 2019

4 Main Industries Where CBD Is Used Most & What it Means for the Industry


The steady growth cannabidiol can mainly be attributed to its therapeutic benefits. However, this couldn’t be possible if the world was not full of various medical conditions, most of which require specialized care and attention. Most people already know what is CBD; possibly because of the online buzz and the mainstream media. Well, read along to understand more.

CBD oil benefits

For many years, marijuana, also known as cannabis has been associated with the psychotic effect it has on users. As a result, it has been viewed and classified as a prohibited substance in most parts of the world. What people didn’t know was that the plant is rich with chemical compounds known as cannabinoids that are estimated to be more than 100. With this discovery, scientists got to work to unpack these cannabinoids and how they affect and interact with each other. Two of the main cannabinoids are cannabidiol (CBD) that is used to make CBD products and the psychoactive tetrahydrocannabinol.

What followed was a series of studies to discover the real benefits of CBD, which when extracted it is today used to make CBD products for sale. Some of the CBD benefits that have been discovered over the years include, but not limited to pain management, anxiety and stress relief, management of symptoms of medical conditions such as epilepsy and arthritis, among others.
Manufacturers of CBD-infused products stepped up their game and introduced a broad range of products targeting different people and industries. Today, CBD can be used by all members of the family because it is not psychoactive and doesn’t have any known side effects. Here are the four main industries that consume CBD products.

1. Medical and Pharmaceuticals

CBD is packed with numerous therapeutic benefits that makes it an ideal solution for those suffering from a broad range of medical conditions. Researchers have tried their best to discover the characteristics of the chemical compound that makes it a better alternative to pharmaceutical medicines in managing conditions such as episodes of epilepsy, arthritis, cancer symptoms and even all sorts of pain. Unlike pharmaceutical drugs, CBD products for sale are yet to be associated with any severe side effects. In fact, in June 2018, the FDA approved epidiolex, a prescription-only drug that is used for treating severe cases of epilepsy. This is an indication that the chemical compound is effective. It is the hope of many dealing with chronic conditions that the same will follow suit so that the benefits can reach millions of patients who have to deal with these painful conditions.

2. Sports Industry

The multi-billion dollar sports industry is one of the many popular ones where CBD products are used in large quantities. While the use of forbidden drugs is highly discouraged in the sports industry, CBD has been accepted so long as it is THC-free. It is therefore important that sports men and women take precautions and only consume products that do not contain traces of THC.
Note that cannabis remains a schedule 1 controlled substance and can cause failure in blood tests, locking you out from competitive sports. Other than, products like CBD creams and lotions can help soothe muscles after a busy working out in the gym, allowing you to relax and even sleep better. Suffering from muscle pain after exercising? Well, there is no better remedy than CBD.

3. Wellness industry

Many people don’t want to wait till they are sick to seek medication. This is why gym subscriptions are always on the rise despite the cost. Use of natural supplements in the day to day lives of millions of people. Everyone wants to remain fit, but most of the concoctions people are consuming daily may actually not offer less than what you can get from CBD products for sale. Some have included CBD in their daily routines to wade off medical conditions and remain in optimum health. CBD is also good for the skin, helping it remain healthy and smooth.

4. The food industry

This is no doubt one of the most popular industries where CBD products for sale is used. Restaurants in various parts of the world now sell CBD-infused meals to their customers. There are many edibles today in online shops than any other time before. From candies to gummies. You can buy CBD-infused tea or coffee. Bakers haven’t been left behind; you can enjoy your bite of the favorite strawberry cake that has been infused with CBD. Meals at home are equally prepared with CBD; there are many recipes available for that. The opportunities here are unlimited, and still growing. The best is yet to come for sure.

One reason why the food industry is popular lies in its diversity. You can always prepare your food depending on the varied tastes and preferences of people. That means that the unpleasant taste that pure CBD oil has is eliminated from the CBD products.

The future of CBD oil industry

Various studies have indicated that the growth of CBD industry is unlikely to slow down, with some studies estimating that it will be worth $20 billion by the year 2024. With this growth, opportunities for growth in other industries are likely to grow. Furthermore, governments are acknowledging its therapeutic benefits and as a result legalizing. The sky is indeed the limit in this industry.

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