Whether you’ve personally used CBD or not, you are undoubtedly familiar with products that contain the CBD compound derived either from marijuana or hemp, and some of the companies that sell them, such as Premium Jane. Many praise CBD products and credit them with various benefits, including relief from anxiety and depression, aiding better sleep, improving focus and concentration, helping relieve the symptoms of various diseases, and more.
Still, despite all the good it seems that CBD can do, there remains a lot of controversy surrounding CBD and CBD products because of misconceptions and confusion surrounding the compound because of federal and some states’ laws.
Whether you simply want to learn more about CBD or are interested in trying CBD products, it’s important to do your research beforehand. Not only will CBD research help you get the truths and facts about CBD amidst the confusion and misconception, but it will also help you find the products that are best for you and give you a better understanding of the industry.
And, to help make things easier, we’ve done the research and summarized what you need to know to help you understand the industry, where it’s going, and how to find some of the best CBD products in the market.
What CBD is and Why It’s Sometimes Controversial
As you know, CBD (cannabidiol) is a compound that is derived from either hemp or marijuana plants. In marijuana, CBD is the compound that offers many different benefits that people use the plant for; such as relaxation and relief from pain. Marijuana also contains TCH. The TCH compound, however, is the compound that is responsible for giving users the classic high that marijuana is known for.
Although the two compounds are different, and when it is extracted, CBD can offer the benefits of marijuana without the psychoactive effects; in fact, people sometimes mistakenly believe that CBD can get users high because it is sometimes derived from marijuana plants.
Another reason that there is sometimes controversy surrounding CBD is the different laws that address it and its parent plant, marijuana. Although CBD and marijuana themselves have become legal for medical and/or recreational purposes in some states, in all but ten states over the last few years, legalization has only occurred in varying degrees. This makes it somewhat confusing to keep straight.
Making it even more complicated, marijuana and CBD remain illegal on a federal level, causing some to be concerned about using it in certain instances.
Despite the misconceptions and controversy, more and more consumers have been able to access educational materials and do the research they need to do in order to clear up any confusion they may have which has, in turn, helped drive the CBD industry forward and even exceed the expected industry growth up to this point.
The Current State of the CBD Industry
As of 2016, consumer CBD sales totaled $262.2 million. That same data released by Statista predicted that sales would reach $1.8 billion by 2022; however, a 2019 CBD market report by Brightfield predicts that the industry will reach $22 billion in the near future. As mentioned above, the industry growth has already exceeded expectations, and for good reason.
From a consumer standpoint, there are many benefits that CBD offers. For example, in a study of patients on opioid pain medication, 38 percent of patients decreased or discontinued their pain medication when using medical marijuana as well.
Additionally, 45.2 percent of patients who were taking medication prescribed to reduce anxiety were able to stop using those medications when they also took CBD. Not only that, but 61 percent of caregivers of children who have autism reported that symptoms had improved after using CBD.
The CBD industry isn’t only beneficial for consumers, though. The growth and demand for CBD products has opened up many opportunities for businesses to start new product lines or for startups to get their foot in the door. Although there are some difficulties companies may face due to the growing market, such as increased competition, companies capitalizing on the CBD industry, like Premium Jane, have the opportunity to offer quality products to their customers sourced only from the best possible ingredients.
Top CBD Products on the Market Today
When it comes to CBD products, quality is important. Low-quality products may be ineffective and likely won’t deliver the promised results. No matter what your reason is for wanting to take CBD, or what type of CBD product you take, it’s important to know which are the top products on the market today; and many of those products are available through Premium Jane.
Premium Jane offers oils, capsules, topicals, and gummy products; all of which deliver CBD in the most effective and delicious ways to help you get the benefits you’re looking for. What sets Premium Jane apart from the competition is that all of their products are created with CBD that is derived from hemp plants specifically grown in microclimates. This process helps to ensure that the CBD in each product is premium-grade, and delivers the optimal amount of CBD in each serving.
Where the CBD Industry is Headed
Thanks to businesses like Premium Jane and consumers everywhere learning about and experiencing the benefits that CBD has to offer, it’s expected that the CBD industry will continue to head in an upward direction. Since it is still a relatively young industry, it’s still a good time for entrepreneurs to get involved. As more and more businesses sprout up and create high-quality products, more and more consumers of all ages and conditions will be able to benefit from the amazing benefits that CBD has to offer.