The Ingredients of a CBD Market Explosion

It goes without saying that the companies focusing on CBD oil products now have many opportunities in terms of expansion, high profits, and even making a name for themselves on the market – especially with the U.S. Farm Bill passed earlier this year.

For instance, we know that demand for organic CBD products is growing and that the companies ready to satisfy this demand are capable of capitalizing on it.

Open to Research

The bill mentioned above was not only meant to allow CBD producers the commercialization of their existing CBD products on the market. It also opened the door for new research into what this market and its products can do for present and future consumers.

Several companies (Youngevity International, GW Pharmaceuticals, Isodiol International, etc.) have joined their efforts in order to commercialize a variety of CBD products to the consumer, as well as the pharmaceutical sectors.

New Opportunities

With the expansion of this industry, some points had to be addressed as well. For example, the origin of the CBD used in the products that we are going to buy. While synthetic CBD can be made in a lab faster and easier, most people claim that it is inferior to organic CBD.

This is why Youngevity has acquired Khrysos Global – a Florida-based CBD producer. As a result, this assures the customers that the products they are going to buy are 100% natural.

This makes for a market with a better structure, as it is known that people usually want only organic products. On top of that, the actions of Youngevity will also separate the company from others that don’t use organic CBD.

CBD Will Make the Market(s) Explode

First of all, we have the difference between CBD and THC. We all know that the latter also comes with psychoactive properties. On the other hand, CBD is characterized by the calming effect that it provides the consumers with.

Naturally, the most important aspect here is that CBD can be legally sold, as well as without a prescription. On top of that, it is also currently being integrated into a lot of other consumer products.

What does this mean for the industry?

Well, it means that both the CBD and THC market will simply explode – as soon as the entire country is able to buy CBD, as well as THC. If we may say so, THC comes with the fun, while CBD comes with its many benefits – such as pain relief.

In short, these two compounds will help customers of all ages, with a variety of needs.

The Bottom Line

Obviously, this is not the end of the CBD market explosion. Youngevity is also ready to bring its customers CBD-infused coffee – to be more specific, 10mg of CBD in every cup of coffee.

Therefore, we have little time left until we see all the possible markets incorporating CBD in their products. Given its many benefits, it is safe to say that CBD may very well become a common ingredient to most, if not all, general market products.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes.