What is CBD?
Cannabidiol or CBD is found in many cannabis species and it is one of the active substances in marijuana plant apart from THC. If not naturally, one can even produce this plant synthetically. Many people have been researching over the effects of cannabis on the person and the stats clearly shows that they are positive. Despite this revelation, U.S. federal law has only approved the cannabis coming from hemp.There is room for more research, but currently, this is all we have in the box for you.
One thing that you need to know is that CBD is a psychoactive substance. It specifically comes from two main plants: cannabis indica and cannabis Sativa. CBD comes in many different forms including powder, lotions, edibles and more. So, if you are looking to get CBD for yourself – you can do so in your favorite form.
Facts about CBD
If you are still skeptical about the usage of CBD then here are all the facts that you need to know:- As we all know CBD comes from the marijuana plant, but it has no addictive properties in it. The World Health Organization (WHO) has confirmed that it is not like THC and is not addictive at all.
- From the studies, it is verified that the cannabis plant has more than 100 substances in it, but it is the cannabis plant that works against illnesses and problems in the body. Hence, praise.
- Even after knowing that CBD is not psychoactive, it is still placed as a Schedule 1 drug by the U.S. government. However, pure CBD is completely safe to use.
- CBD effects are not universal. If you had positive effects on yourself then it does not mean that other person will feel the same.
- CBD stats confirm that it works great when combined with other cannabis or hemp substances.
- Women entrepreneurs are mostly founders or general managers of about 75% CBD brands.
- It is expected that by 2022, the CBD global market will reach about $1.8 billion.
- CBD business will be a safe investment in the future as the compound annual growth rate will be about 30%.
- Apart from CBD oil being the top-seller, cannabis edibles and beverages will be on top of sales. More than 58% of consumers prefer cannabis edibles including CBD infused coffee, juices and more.
- Many of the CBD products are made in South America, The Middle East, and Africa.
- From the statistics, it is evident that CBD oil production and distribution is an excellent business opportunity.
- Colorado stands on the top with over $1 billion cannabis revenue.
- In the U.S.A, the availability of the CBD has increased by 80% in 2018.
- The workers in the CBD sector has 11% higher wages as compared to median wages.
- CBD oil is expected to be used more by women than men.
- Americans aged 55-64 years are more likely to use marijuana as compared to teenagers.
- CBD gummies are more famous cannabis edibles as compared to another form of cannabis available in the market. They are selling like hotcakes!
- Around 7% of U.S. citizens are CBD consumers
- Holidays are Americans favorite season to shop for cannabis.
- Most of the direct sellers of cannabis are women, according to the statistics.
- Vaping is most people’s favorite method to consume some of the best CBD oil.
Infographic courtesy of: LoudCloudHealth.
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