By Nutraceuticals World Staff05.13.20
The CBD industry is booming. According to a recent report from cannabis researchers BDS Analytics and Arcview Market Research, the CBD industry is on pace to reach $24 billion by 2023 in the U.S. alone. Its rapid growth trajectory has been fueled mostly by word-of-mouth. But CBD is no fad, and it’s much more than a trend. In fact, it’s fair to call the explosive growth of CBD a health and wellness phenomenon.
First, what is CBD? CBD, also known as cannabidiol, is one of the two most abundant chemicals (cannabinoids) in the cannabis plant, of which there are between 100 and 140. CBD comes from two varieties of cannabis—hemp and marijuana. The most abundant chemical in the marijuana plant is THC (tetrahydrocannabinol), which is what causes the psychoactive “high” users get. CBD is the second most abundant chemical in cannabis, but it does not cause a psychoactive effect and it can be extracted from the hemp variety of the plant.
While there’s been decades of research into THC, with CBD, it’s only been over the last dozen years or so that those in the science and medical fields have uncovered that it
First, what is CBD? CBD, also known as cannabidiol, is one of the two most abundant chemicals (cannabinoids) in the cannabis plant, of which there are between 100 and 140. CBD comes from two varieties of cannabis—hemp and marijuana. The most abundant chemical in the marijuana plant is THC (tetrahydrocannabinol), which is what causes the psychoactive “high” users get. CBD is the second most abundant chemical in cannabis, but it does not cause a psychoactive effect and it can be extracted from the hemp variety of the plant.
While there’s been decades of research into THC, with CBD, it’s only been over the last dozen years or so that those in the science and medical fields have uncovered that it
Continue reading this story and get 24/7 access to Nutraceuticals World for FREE
FREE SUBSCRIPTION
