CBD Industry to Be Worth Billions | Mary Jane’s CBD Dispensary: San Antonio / CBD worth, $20 billion by 2022, health and wellness benefits, Integrating CBD Into the Mainstream, great benefits CBD can offer, Innovation in the CBD Industry

August 28, 2019

Did you know it is estimated to be worth $20 billion by 2022

CBD Industry to Be Worth Billions | Mary Jane’s CBD Dispensary: San Antonio

The CBD industry has seen a surge in popularity in recent years. Over the past few years, sales of CBD related products have increased and generated a large amount of buzz due to their medicinal health and wellness benefits.

So, when did all of the excitement start and what has made experts so sure that the CBD industry will soon be worth billions?

Business is Booming

CBD has its roots set in a variety of different industries ranging from cosmetics to beverages and seems to consistently surprise experts with its growth rate.

CBD Industry to Be Worth Billions | Mary Jane’s CBD Dispensary: San Antonio

The difference comes from the newest estimate’s inclusion of products sold through licensed dispensaries as well as general market retail providers.

Integrating CBD Into the Mainstream

It is no question that these impressive projections can be attributed in large to CBD oil’s integration into mainstream society. 

There are a variety of different factors to thank for such a spike in popularity over the years. The first of these are the various scientific studies published that show the great benefits CBD can offer.

 

 

With the emergence of research put towards exploring the compound, the public has become more willing to accept the value CBD oil can bring to their lives. 

FDA approval of cannabidiol-based pharmaceutical was also integral in bringing CBD to the attention of the public with the introduction of Epidiolex, a drug used to treat Dravet syndrome.

This condition can be life-threatening in many cases and the idea that the federal government was willing to extend approval of a cannabidiol-based substance was enough to get many people interested and excited.

Innovation in the CBD Industry

Looking at the CBD industry and how far it has come overall, it seems clear that this is just the beginning. CBD has become the topic of much interest and new frontrunners emerge to offer their innovations. 

Gone are the days where CBD oils were the main ways of consuming CBD (even if they are still very popular). 

Over the years, new ways to use CBD have burst onto the scene and it seems that there’s a new CBD product to try nearly every day. Regardless, CBD products generally fall into five primary categories:

Investing in the CBD Industry

There’s no better time than now to invest in the CBD industry considering that it will reach a value of $20 billion by 2022 based on the most recent projections.

Investing could bring about some very real profits in the future. It could very well be time for you to consider taking your piece of the CBD industry pie!

 


Texas Store Location:
7115 Blanco Road, Suite 113,
San Antonio, TX 78216
Email: info@mjcbdd.com

CBD worth, $20 billion by 2022, health and wellness benefits, Integrating CBD Into the Mainstream, great benefits CBD can offer, Innovation in the CBD Industry



Leave a comment

Comments will be approved before showing up.


Also in Latest from MJ-CBD

CBD with Chemotherapy Found to Triple Cancer Survival in Mice

February 24, 2020

In a new study, mice with pancreatic cancer who were treated with cannabidiol (CBD) and chemotherapy survived nearly three times longer than those treated with only chemotherapy—a major discovery, considering how low the survival rate typically is. 

Read More

Dollar General to Sell CBD Products

February 24, 2020

Dollar General has announced they will begin selling cannabidiol (CBD) products in select stores, starting with Tennessee and Kentucky. They plan to sell 20 different types of CBD products across 1,800 stores in those two states.  

Read More

This cannabinoid has extreme potential | Mary Jane's CBD

February 16, 2020

Cannabicitran, or CBT, is a cannabinoid that has not yet been studied in-depth, but that is all about to change.

Read More

x