A business focused on CBD will surely be very lucrative. Not only is medical marijuana gaining massive popularity almost everywhere, but the latest research reports show that the CBD oil market will prevail in the following years.
According to Pharmiweb.com, the CBD oil industry will increase at 38.4% as the increase in the support for CBD oil in the cosmetics industry and for medical use continues to grow. The rise in the demand has been reported in the Netherlands, Japan, and the U.S. and this is not just CBD products for human consumption but also animal use.
With these prevailing trends, there’s no reason not to consider starting a CBD business. Take inspiration from the most successful CBD brands in the industry.
Year Established: 1987
Headquarters: North Carolina, USA
Most Popular CBD Products: Hemp & Herbs Sleep, Hemp & Herbs Calm, Hemp 20 mg/ml
Gaia Herbs had a dream of taking natural healing to a whole new level. The company focused on providing potent and pure products with plants coming from their farm at the Blue Ridge Mountains of North Carolina. The company selected the Pisgah Forest area as this is considered one of the most bio-diverse areas on the continent. Gaia Herbs also preserve their strains in a seed bank.
The company is a Certified B Corporation because of its active work in creating an inclusive workplace and sustainable way of doing business. At the moment, Gaia Herbs offers synergistic products that combine hemp flowers and herbs. Their Hem & Herbal collection includes Calm, Sleep, and Relief to help users feel their best. You may check the quality of Gaia Herbs at Meet Your Herbs where the company publishes its reports and test results.
NuLeaf Naturals, LLC
Year Established: 2014
Headquarters: Denver, CO, USA
Most Popular CBD Products: Full Spectrum CBD Oil, Full Spectrum CBD Capsules, Full Spectrum CBD Balm
Another all-American CBD company is NuLeaf Naturals created by a group of people who believed in the wonders of plant medicine. NuLeaf Naturals aims to produce CBD wellness products for a healthy mind and body. The CBD company is committed to producing the best quality CBD products in the purest form.
NuLeaf Naturals offers full spectrum cannabinoid extracts with no additives or artificial ingredients, only organic hemp. Their products receive the highest ratings online with customers stating that these are safe, effective, and consistent.
NuLeaf Naturals uses different laboratories to test their products and to guarantee that they are free from contaminants, pesticides, microorganisms, mycotoxins, and heavy metals. NuLeaf Naturals grow their own plants using advanced cultivation methods with farms located in Colorado. Having their own farm allows NuLeaf Naturals to control the quality of their products from seed to the actual products.
Year Established: 2007
Headquarters: Colorado and Kentucky, USA, and Scandinavia
Most Popular CBD Products: Chill Delta 8 Vape, Chill Delta Force Squares, Delta Gummies
Diamond CBD has been on the top ranks of CBD companies for many years because of its dedication to creating pure, high-quality CBD products. The company uses efficient testing and development strategies to produce diverse and high-quality hemp extracts with a variety of cannabinoids and molecules in hemp.
Diamond CBD has a variety of CBD products but their edibles line is among the best like the Chill Extreme line with gummies of different shapes and sizes and the Chill Lollipop and Chill Vape Cartridge. Diamond has all the edibles and non-edible CBD products to help you dose up anywhere at any time.
Year Established: 2010
Headquarters: Hoofddorp, Netherlands
Most Popular CBD Products: Endoca Raw Hemp Oils in 10 and 50 mg CBD
Endoca is a company with one of the highest Trustpilot ratings online and reviews coming from customers. Endoca was created after the founder who was a Biotechnology and Genetics student from the University of Copenhagen that traveled to Africa. He was with a group that helped people from the Zulu region who developed AIDS.
The founder saw the worsening situations of AIDS patients who were prescribed drugs that only made their conditions worse. He started Endoca to help people find alternatives for their conditions minus dangerous side effects.
Endoca grows its organic plants on a 2000-acre farm. Today, the company wants to involve local farms to cultivate hemp for their benefit. They want to support local farmers with the knowledge and skills to help them grow organic plants.
CV Sciences, Inc.
Year Established: 2012
Headquarters: San Diego, CA, USA
Most Popular CBD Products: Plus CBD Softgel Capsules, CV Acute Intensive Immune Support, Happy Lane CBD Softgel Capsules
CV Sciences wants to improve the quality of life of its users using nature and science. It prides itself on thorough research for hemp-derived CBD where it has received the GRAS safety status. CV Sciences offers the best products such as supplements and is currently one of the top natural hemp extracts in the U.S.
This company is the maker of the first hemp-derived CBD supplement called PlusCBD. This product has received the GRAS or the Generally Recognized as Safe status. CV Sciences continuously provides research studies on the different aspects of CBD use.
This year, CV Sciences focuses on immune support products such as their 50mg CBD products, acute intensive immune support, daily immune support, and CBD chews.
CBD is the therapeutic cannabinoid found in hemp and cannabis. It has zero psychoactive effects, only medicinal properties good for all kinds of conditions. And because of the amazing therapeutic qualities of CBD, a lot of people depend on these products every day. This is why a CBD business is a profitable business idea that you should never overlook.
Get to know more about CBD and all its amazing uses. Find out why so many users trust this product for its conditions. CBD is the future of natural, organic therapeutic treatments that will change the way entrepreneurs do business.
What are some other CBD companies we should know about? Let us know down in the comments.
This article originally published on GREY Journal.