Cannabidiol, famously abbreviated as CBD, is a big name in the cannabis industry. Following many pieces of research, scientists say that the natural compound from cannabis has medical value.
The findings prompt investors to brainstorm day in and day out to see how they can make the most with the compound before stiff competition kicks in.
In fact, it is evident that Cannabidiol could be the ultimate replacement for real estate soon. In this article, we are going to see the points that prove our topic in discussion.
1. There is an array of untapped opportunities
You may think that we have seen it all in the CBD industry. From CBD edibles to extracts, to topicals, to beverages, it’ll be undoubtedly false to say that is the end of all inventions in the CBD industry.
There is a high number of researchers studying and devising methods on how best they can come up with different forms of CBD products and several ways to consume the product into the body.
What that typically means is that there is still room for innovating and inventing newer things in the Cannabidiol world.
From an economic point of view, inventions translate to a broader market, thus displacing some of the currently pertinent markets.
Just like the real estate industry, CBD relies heavily on investors. However, as things currently seem, CBD shows promising instances of inventions and innovations, as opposed to the real estate sector that appears as if most of its opportunities have been seized.
2. A high number of investors are willing to enter the market
It goes beyond saying that the Cannabidiol industry is alluring to most investors. Let’s take a few examples…
The articles you read on CBD-focused sites mean that the owners pour cash to have the site up, get content written, and optimize it to reach you. That is an investment made in the same industry.
Another example is whereby a group of researchers ensures they get hemp plants, prepare the plant matter to extract Cannabidiol, and use it to carry out different case studies and reports.
The other lot and that which forms an integral part is that which focuses on inventing CBD products, manufacturing, and availing them for sale.
Additionally, most other people are willing to enter the market and perform better than the already existing firms and CBD investments.
The best thing is that almost everyone who enters and invests in the Cannabidiol industry comes with something unique.
It may be the exact contrast with realtors as most of them regurgitate ideas and tweak them in such a way that they appear relatively unique.
The more investors the Cannabidiol industry gets, the easier it will be to take it to greater heights. Two years from now, it will be a sight to behold for many.
3. Legalization of hemp is playing a critical role
The industrial hemp or simply the hemp plant is known for its myriad of uses. Among those is the fact that it harbors parts that have high amounts of Cannabidiol and trace amounts of Tetrahydrocannabinol (THC).
The hemp is a legal product across all the 50 states, thus making CBD legitimate, provided its THC levels don’t go past 0.3%.
It is also a legal product across members of the European Union, provided the THC levels don’t surpass 0.2%.
Other parts of the globe legalize the product, and talks are underway among most countries where CBD from hemp is still an illegal product.
What that means is that if all nations legalize Cannabidiol from hemp for its therapeutic and anti-inflammatory properties, it’ll be a multi-trillion industry.
Thanks to the legalization of hemp, the CBD oil sales were $462 million worldwide in 2018. A credible source says that the sales would skyrocket to $2177.99 million by 2023.
4. Most patients are ready to go natural
Probably you have one day been sick and decided to take a pharmaceutical drug to solve the pain point. However, things failed to work out as you expected.
Instead, you developed further complications arising from the side effects of the same drugs.
Thankfully, the proper usage of Cannabidiol products, and especially with the prescription from a professional medic, has great potential to give you the desired benefits without any side effects.
If you decide to start the CBD journey, administer CBD dosages to your family members, or refer your friends to take Cannabidiol, picture how significant the boost would be to the same industry.
Note that you won’t be the only person taking Cannabidiol. Millions of others will be from different parts of the globe.
The fact that CBD is a natural compound that doesn’t get the user high or induce feelings of addiction makes it most people’s favorite.
5. CBD has different forms and methods of consumption
The many ways in which CBD can be consumed and the various ways in which it exists indicate this is a rich industry with a bright future.
Let's take an example where you would like to vape CBD oil. You absolutely need a CBD vaping device, thus prompting you to purchase one.
Another example is whereby you don’t like taking vapor into your lungs. If that’s the case, you have different options to get the benefits given by Cannabidiol.
The distinct ways to introduce CBD into your body and the plethora of forms of the product means it caters for every user.
That said, one cannot decide to fail to invest in one consumable type of CBD, citing the lack of customers. If for any reason, a method doesn't work in the CBD industry, the investor can devise means to diversify and look for that which has a high demand.
In conclusion, keep in mind that the CBD industry has just started its development. There are already so many products at your reach, a lot of them will evolve and transform and some will disappear. It can be an opportunity for you to grow and or to heal depending on your situation. Our advice to you is, be informed before purchasing any CBD derived products. Stay posted for the latest news on the Cannabis industry evolution.
**These statements have not been evaluated by the Food & Drug Administration and are in no way intended to treat or diagnose any physical ailment or disease. Please consult your Doctor before adding CBD or any supplement to your diet. Most workplace and competitive sports drug screens focus on delta-tetrahydrocannabinol (THC) and do not screen for Cannabinol (CBD) or other legal and natural hemp-based compounds. Be advised, studies have shown that consuming hemp foods or oils can cause a positive result when screening urine and blood specimens. Therefore, if you are subject to any form of drug testing or screening. We recommended (as does the United States Armed Services) that you DO-NOT ingest CBD or hemp oil before consulting your healthcare practitioner or your drug screening testing company or employer.