What Is The Future Of CBD Industry In The United States?

By Abraham Villegas.

Just like the iPhone, CBD is one of those rare products that has made an explosive entrance into the marketplace.

One day most of society never heard of CBD. The next day, it seems that CBD products and their advertisements are everywhere.

Thanks to the Hemp Farming Act of 2018 signed by Donald Trump, CBD products are not only widely available in the US but is now very high demand. The farm bill made industrial hemp legal in addition to legalizing recreational and medical cannabis at the state level.

How pervasive are CBD products?

Depending on the state in which you live, you can buy CBD products at restaurants, gas stations or even your local CVS (NYSE: CVS).

Since last year, the sale of CBD products has increased by over 700% according to the reputable research firm Brightfield Group.

However, also spreading through society more quickly than CBD products is confusion about what CBD is and who should use it.

Without question, the popularity and revenue potential of CBD means it will be here for quite some time.

First, a brief refresher on CBD.

CBD 101: What Exactly is CBD?

One of the chemical compounds in the cannabis plant is cannabidiol, also known as CBD.

It’s a substance that’s naturally produced by the cannabis plant. Scientists have been able to identify over 100 different types of cannabinoids so far.

The one most widely known is THC due to its ability to create a sense of euphoria. CBD is swiftly gaining ground strictly because of its potential to reportedly help people manage several ailments ranging from stress and migraines to chronic pain and inflammation.

Our body maintains a state of homeostasis through several regulatory processes that are governed by the endocannabinoid system or ECS.

The endocannabinoids function as neurotransmitters sending …

Full story available on Benzinga.com

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