The cannabis industry is experiencing an increasing demand for cannabis products across the globe. The cannabidiol (CBD) segment is benefitting from this, with sales expected to hit $2.1 billion by 2020 in the United States alone, Greenwave Advisors projects.
The report adds that one of the key factors in the astounding growth of the sector is the variety of ways that CBD is infused into different products. With such an extensive selection, CBD has become more accessible than ever.
CBD is the naturally-occurring beneficial compound in cannabis plants, which has also been dubbed as a miracle compound because of its health benefits. Regardless of what moniker is given to CBD, what is certain now is that it is currently poised to become one of the disruptors in the field of medicine as more studies unearth its other benefits.
There are already a few proven benefits of CBD products. These oils are able to relieve individuals of pain, inflammation, anxiety and several other mental disorders, per Medical News Today. Other than that, the compound has properties that allow it to fight cancer. This is just the tip of the iceberg though. As more studies are being conducted on CBD, it will continue to get more support from the general public.
Dr. Shari Auth, a doctor specializing in Chinese medicine, says to CBS New York that people are really eager to look for non-pharmaceutical remedies for pain. She adds that “CBD is a natural anti-inflammatory,” and she uses it to treat illnesses like insomnia and chronic pain. The big takeaway here is that even medical experts are already seeing the good that CBD brings.
It’s not just doctors trying out the miracle compound though. Because CBD oils are rather versatile when it comes to applications, even the food and drink industry can add a dash of the miracle compound in their offerings. That is what Flower Coffee House is doing with their regular serving of coffee. By drinking CBD-infused coffee, people are not only able to gain more energy, they are also able to relax more because of the compound’s effects on anxiety and stress. Furthermore, since CBD is non-psychoactive, people who drink the CBD-infused cup of joe don’t have to worry about any legal issues later on.
The various health benefits and the extensive selection of products are helping out the industry in terms of market performance. In recent years, CBD got a substantial growth in sales and acceptance because of industry leaders who are committed to the research and development of such products. The green movement is far from stopping too as the CBD market is showing no signs of slowing down just yet.
In terms of an extensive selection of products, Diamond CBD, a subsidiary of PotNetwork Holdings, Inc. (OTCMKTS:POTN), is an apparent leader. The company’s CBD products range from edibles, oils, pet products, and many more.
Because of its wide selection, Diamond CBD is able to tackle the demand for the market in various ways. For instance, its Meds BioTech line caters to the health conscious. The product line, which includes items like CBD & Turmeric Capsules, CBD Capsules, and CBD Gummies, are all pharmacist-formulated. These products are also suited for those that want to control their intake of CBD.
Diamond CBD also dabbles into the athletic territory by releasing a set of specialized CBD-infused creams that are specially designed to address the needs of professional and school athletes. The Lawrence Taylor Pain Master CBD Cream is made specifically to help relieve joint and muscle pain that athletes usually experience after intense training sessions.
For Diamond CBD, it’s not just about quantity though. The industry leader sees to it that it produces high-quality products by making use of a process called supercritical CO2 extraction. This is the most gentle method of separating the CBD compound from the cannabis strains. The method is also efficient as the company is able to get the most out of each plant.
It’s going to be no surprise if CBD would remain as a prominent disruptor in the field of medicine. With industry leaders helping in making CBD products more accessible, we can expect only growth from here on out.