The Lucrative CBD Business

Download or read book The Lucrative CBD Business written by Sandra Clark and published by . This book was released on 2019-08-29 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cannabidiol (CBD), a compound found in hemp and cannabis plants, is increasingly popular in dietary supplements.Still relatively new to the mainstream, cannabidiol, more commonly known as CBD, is already becoming a household name. The purported therapeutic and health benefits of CBD, one of many compounds found in cannabis and hemp plants, has created quite a buzz. CBD oil has entered the marketplace in the form of tinctures, infused edibles, topicals and more. The growth of CBD oil products has been so immense, in fact, that industry analyst BDS Analytics predicts the U.S. CBD market will reach $20 billion in sales by 2024.The potential of the CBD industry has prompted many people to ask how to start a CBD business. The industry is not without its challenges, especially surrounding the evolving legal landscape, but the opportunity is significant all the same. If you want to get involved in the CBD industry, you'll first have to understand a bit about the cannabinoid and the products it goes into.