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June 20, 2019
There are many different Cannabidiol (CBD) products on the market today, including balms, oil, skin care products, food supplements, pet supplies, cosmetics, and more. Although it may seem like the interest in CBD appeared overnight, humans have been using the cannabis plant for medicine since 4000 BCE.
However, it was only in the mid-50s that scientists found that CBD can be extracted from the cannabis plan so that people can enjoy its health benefits without any psychoactive effect. The battle about whether CBD should be on the list of prohibited drugs was concluded last year with the introduction of the 2018 Farm Bill.
Most of the CBD products hitting the market today are made from hemp and not marijuana. Hemp is a cultivar of cannabis which contains a low percentage of tetrahydrocannabinol (THC). The hemp market is becoming more diversified than ever, more so with revenue projections that the CBD market will reach $20 billion by 2020. This has encouraged businesses to join the wagon and come up with their line of CBD products.
In the past, CBD was only found in a few shops and was rarely recommended by doctors. However, over the past four years, CBD products have appeared everywhere from natural food stores, beauty stores, CBD dispensaries, clinics, and even drugstores.
"It’s being used for everything you can think of — sports, triathlons. People want to buy it for their grandma, for arthritis. Women get it for PMS and endometriosis — common things that people have been using over the counter medications,” Bethany Gomez, director of research for the Brightfield Group, said.
Companies have released intriguing products like a CBD fizzy drink. There have also been releases of other CBD products like topical balms and CBD capsules. Meanwhile, top chefs in New York have started coming up with CBD-infused foods and drinks. Carl’s Jr. surprised the public with its CBD-infused cheeseburger.
Despite its popularity, the CBD market is still being hampered by federal restrictions. Currently, CBD is still in a grey area in the law. While it is legal in some states, it has been prohibited in others. Some states require customers to have a prescription to buy and use CBD. The only FDA-approved CBD product is Epidiolex, which was designed to treat two rare forms of epilepsy in kids. Without the approval of the FDA, some retailers may be hesitant to get into CBD. However, with the positive reviews and anecdotal evidence of the efficacy of CBD, the compound is now more popular than never.
With that said, it is essential to ensure you are buying authentic CBD products. Due to the boom, there are many low-quality CBD products on sale, which may be harmful to health. Consider the reputation of the CBD brand that you are buying and also check out third-party reviews. Also, ensure a third-party laboratory has tested any CBD product you purchase.
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