As the fastest growing industry of 2019, CBD is on fire right now. With so many different products, regulations, and sources, it can be hard to keep up. If learning about CBD for pain relief is something you’re interested in, we have your back with a few resources to consider. Check them out below:
The Brightfield Group
If you’re not familiar, The Brightfield Group is a leader in CBD research, including in the popular study that the CBD market will hit $22 billion by 2022. They’ve gotten ahead in the CBD market, and their insights provide an informative solution to nearly everything. They are the front runner as a knowledge source in the industry. Keep tabs on what reports they have coming out if you want to view the CBD market from a bird’s eye view.
The Local Seller Of A Brand You Trust
A smart place to start learning about CBD can often be at a store around the corner. As simple as it sounds, these people have worked in the smoke shop or marijuana industry for a long time. Those who have been running shops in states where CBD became legal are some of the longest-standing and most reputable. As noted by Status Labs, positive reviews of a local business will make consumers trust that business even more. However, that all comes down to what you’re trying to find as well as how hard you’re willing to search.
Depending on how much you’re trying to learn about CBD, there are quite a few options available to consider when approaching a store. Although a relatively recent development, some businesses have been opening CBD stores and wellness centers in states where marijuana was otherwise illegal, which can be a good start in getting a good overview of the industry. From there, it’s okay to try different products and intake methods, such as exploring the best CBD oil or the many edibles you can take. As a relatively new and exciting industry, it’s okay to indulge a little bit to learn what you really want out of it.
Exploring Companies In States with Legal Recreational
If you want to learn what products are the best, then looking at those in recreational states are going to be a solid bet. The biggest reason being is that these states often have the regulation in place to control the type of product that’s being sold, as well as usually requires the plant (regardless if it’s THC or CBD) to be grown in-state. However, out of all the states to check out, California is going to be the strongest case study.
According to ArcView Market Research and BDS Analytics, in 2018, California is estimated to have sold over $5.1 billion in marijuana, a staggering figure for its first year of legalization. What makes this figure even more impressive is that off the bat, California has had strict requirements in that a lot of products have to be organic and pesticide free, which made many people fear the price would go up. It turns out, people welcomed the price point and quality with open arms, staying competitive to what they paid previously. From pre-rolls to CBD oil, California is the top producer and the state to check out if you want to learn from the best.
Keeping Up With The Markets
On a larger scale, the CBD market is a newly blossoming organism in itself on a national scale. According to Hemp Business Journal, since 2016, CBD consumer products sales have risen 1,170 percent, which is a remarkable figure considering the industry is still largely in its infancy. However, for how young the industry is, there are still some big money players you should be on the lookout for.
One group in particular that has been making headlines recently is the pharmaceutical industry, which often takes the brunt end of any national news about CBD. From there, it’s important to look for local and organic companies that bring out the best CBD benefits. Although new, the CBD industry is going to become more and more expansive, with an array of different companies to come.
Communities Like Reddit
Finally, one of the best places to communicate with the CBD community, forums like Reddit are absolute treasure troves for information. As it currently stands, the CBD subreddit has over 66,300 subscribers and showcases everything from stories about CBD for pain relief to infusions with everyday items like hot sauce. Make a list and keep a tab on communities like this, as they can be a great resource for your own questions, as well as to learn about the day-to-day conversations of the industry. Remember, these people are excited you’re getting into the industry, so don’t be afraid to contribute and be a part of the dialogue.
What are some resources you’ve found helpful in becoming more knowledgeable about CBD? Comment with your insights below!