Updated November 12, 2019
Investors, entrepreneurs, and businesses looking to get into a new market should consider the fast growing industry of cannabis and CBD oil. It’s a young industry with lots of promise in growth, providing countless opportunities for those who know how to create a brand, product, or service with this industry’s market. Let’s take a look at the growing popularity of this industry as well as the benefits that it can provide for consumer use.
Some Quick Popularity Stats
The cannabis and CBD oil industries are among some of the fastest growing in the world. In the U.S., the users of CBD oil doubled throughout 2017 to 250,000, proving that there is a growing market for these products. There are a few key reasons for the popularity of CBD, and among them are the major health benefits that CBD oil, and CBD infused products, can offer users.
There are a plethora of incredible benefits that come with the controlled use of CBD oil. It goes without saying that you need to be consulting with a physician before pursuing frequent use of these products, but with the right product there are benefits to be found like the renowned pain relief. CBD is an excellent and safe pain killer and can work across multiple channels of pain. From muscle aches to head pain and general relief, CBD is a natural remedy that is perfect for some.
Similarly, there are suspected anxiety reduction benefits. Thanks to a study that you can read about here, there have been recorded instances of CBD improving cognitive impairment and public speech performance. This shows that CBD has effects beyond the most recognised uses, but this is still something that is being tested.
Alongside this interesting study, there are developments in the neuroprotective qualities of CBD, and how it can ease the symptoms of certain conditions. Again, by following the link here, you can read about a study that looks into the relieving effects of cannabidiol on difficult, drug-resistant seizures in children with Dravet Syndrome. These are amazing advances in the understanding of this product, and by understanding these, it can offer new avenues for your business to expand into, and also gives you more confidence in the products your selling.
Alongside these proposed benefits to the brain, there are studies that are beginning to show the positive effects CBD can have on the heart and vascular system. CBD has an astonishing effect at reducing blood pressure, allowing for a healthier heart and better blood flow. These effects are all related to the mental benefits of the product as well as demonstrate that there are a plethora of amazing and positive attributes to CBD as a product, and it should give any sellers the confidence that they are providing genuinely helpful products to customers.
Exercise Slight Caution In A New Industry
Remember that all of these benefits are still being studied, so please be sure to do your research before pursuing a cannabis-related business venture. It is a deeply lucrative market, and the potential is astonishing, so with a good knowledge base of the amazing qualities, it will aid you in the growth and development of your brand and product. You can read about the scale of the CBD market in our other blog here, and you can also explore the rest of our website to see what the White Label Expo can do to bring growth and profit to your company.
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