Why the CBD industry is booming:
The CBD industry is booming! Why? This blog post discusses the many reasons why this industry has seen such rapid growth, including some of the most important factors for this boom.
This article will explore what’s behind the current rise in popularity and high demand for CBD products packing. It will also examine how both public opinion and legislation have helped shape the burgeoning market over time.
This blog post begins with a brief description of the current CBD market. It will then go on to discuss how public opinion has contributed to this recent boom and why people are choosing plant-based alternatives over prescription medication. Finally, it will explore some of the main factors that have helped shape legislation surrounding hemp products in recent years – including the 2018 Farm Bill – as well as its impact for companies operating within both consumer retail and industrial applications today. Why is CBD booming?
The CBD industry is booming and it’s only going to continue growing. The legalization of cannabis for medicinal purposes has led many people in search of natural relief from pain, stress or anxiety – not just THC. Imagine how different your life would be if you could rely on something instead?
A recent survey found that over half (57%)of American adults now use medical marijuana regularly; this number continues rising each year despite federal prohibitions against cultivating hemp throughout most countries including Canada where farmers have had difficulty harvesting due largely because they cannot cross fertilize crops without violating their Farm Bill regulations which prevents them doing so with neighboring plots as well unless permission granted beforehand by both parties involved. Why is the CBD industry booming?
There are many reasons why people choose to buy their products over prescription medication – it’s natural, not addictive and has no serious side effects. So if you’re asking “Why is CBD booming?” then consider this: in 2016 alone, Americans spent $13 billion on medical marijuana while Canada saw an estimated $53 million in sales in just one month during 2018 which was up from around $30 million per month in 2017 despite its federal prohibition for cultivation purposes. Why choose hemp-based alternatives over medicine?
Public opinion plays a major role when it comes to peoples’ decision making process when choosing what they consume or purchase; with so much research coming out showing how effective cannabis can be as an alternative to other harmful substances for some peoples.
CBD Oil Boom (31) (2018 Farm Bill – Impact for Industrial Applications) (33) Why People Are Choosing Plant-Based Alternatives Over Prescription Medication (38) Public Opinion Has Contributed To This Recent Boom – Why Do People Choose CBD? (41)
Why Is CBD Booming?
We know that CBD has been used for a wide range of purposes, but why is it suddenly taking off? Well there are plenty out in the world who want this answer. Why Should You Listen To Me When They Say That Cannabis Can’t Help Your Pain Management or Mental Health Issues And What If I Told You It Could Kidney Failure Be Avoided By Just Eating One Plant Like Hemp? But First Let’s Get Technical…