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According to insightful reports shared by the market intelligence firm Hemp Business Journal, the CBD market is projected to grow to the astounding $2.1 billion as soon as by 2020. The expected worth of the CBD market is nothing less but an astronomical jump when compared with the CBD market worth as of 2017 which was set at $202 million.
Yet in the ongoing rise of the buzzing CBD fever globally, a humble team of CBD “supermen” is smiling from behind-the-scenes. CBD cannabis seeds do promise to be the next Big Bang in the Canadian cannabis industry, and in fact, in the global marijuana industry.
The ongoing development of various CBD cannabis strains available to grow from seed is intricately related with what is driving and shaping the CBD consumer market, and that’s (unsurprisingly), the growing demand for high-quality CBD seeds.
Cannabidiol: The Goldmine Businesses Are Eagerly Anticipating to Dig into
Just recently, on May 6, 2019, Global News Canada shared an intriguing article on Canadian retailers literally struggling to keep CBD products available on the shelves of their stores. Of course, this has much to do with the dire shortage of all cannabis across Canada. However, things have reached very drastic demand rates when it comes to CBD products.
CBD (Cannabidiol) is the non-intoxicating active compound produced by the cannabis plant. THC and CBD are known to be the two most abundant active cannabinoids found in cannabis, alongside other cannabinoids that are only found in trace amounts, including but not limited to CBN (Cannabinol), CBC (Cannabichromene), CBG (cannabigerol), and THCV (Tetrahydrocannabivarin).
CBD consumption does not lead users to experience a certain degree of temporary impairment as induced by the potent psychoactive properties of THC (tetrahydrocannabinol).
Cannabidiol extract is most commonly sold in the form of CBD Oil. CBD has been promoted as a natural remedy to insomnia and anxiety, as well as pain and inflammation, among many others.
According to Canadian marijuana retail store owners, soon after the legalization of recreational marijuana took place, more and more customers have been coming and asking about CBD, especially older users and first-time users.
Keeping in mind that CBD sales are highlighted as some of the biggest and most profitable business opportunities of the legalized cannabis market in Canada, it is surely no wonder why business owners have got into some form of a race while trying to lay hands on the limited amounts of what’s available on the cannabis wholesale ordering sheet.
According to Krystian Wetulani, who is the founder of Vancouver-based City Cannabis Co., it might be the case that licensed producers don’t really realize how popular CBD actually is, which partially explains why there is little too literally none CBD available to cater to the consumer market’s high demands.
But in the middle of the hot public discussion about the huge projected profits associated with Cannabidiol products, the visionary business owners have already noticed the rise of what is bound to change the CBD market forever: CBD cannabis seeds available for sale.
The Invaluable Benefits of Growing high CBD Cannabis Strains from Seed
From a commercial-scale perspective, it is far more profitable to extract CBD from hemp plants since doing so is related with much less work and fewer efforts needed to tend to hemp plants, as opposed to marijuana plants varieties that require extra care and attention in protecting the gentle cannabis flowers from any possible damage before they reach full maturity.
In the meantime, scientists are still working to separate the CBD hype from what CBD really has to offer because as of now, the medical claims about the numerous health benefits of CBD are not fully scientifically validated, even though the number of anecdotal evidence on that matter keeps growing.
On another note, the debates over the quality of hemp-derived CBD vs. high CBD cannabis varieties-derived Cannabidiol are receiving more and more public attention.
Hemp-derived CBD products stand a higher chance of containing possible contaminants and toxins. Nonetheless, hemp-derived CBD products are considered inferior to extracting CBD from high CBD cannabis strains because of “the entourage effect” thesis, claiming that the active compounds in cannabis work best when in synergy, meaning that hemp-derived Cannabidiol might fail to provide the same range of therapeutic benefits as opposed to the healing substance obtained from high CBD cannabis strains.
Altogether with the fact that the CBD market still fails to be regulated strictly enough, leading to the discovery that a huge percent of examined CBD products of different brands did not live up true to what the label content claimed in terms of both nutritional value and purity, has brought more people into doubting whether opting for readily-available CBD products is the best idea.
Meanwhile, cannabis breeders have put tons of effort into creating strains that are high in CBD in recent years, thus, making up for a steady rise of CBD cannabis seeds sales vs. high THC cannabis seeds sales.
Growing high CBD cannabis strains from seed are, undoubtedly, one of the best ways to take utmost advantage of what the miraculous, non-intoxicating compound has to offer at a fraction cost.
From enjoying homemade CBD tinctures, CBD Oil, CBD capsules, CBD-infused topicals, edibles, and beverages, the options in front of the happy cannabis enthusiasts growing high CBD strains are pretty much limitless. Ultimately, people are free to choose among CBD cannabis seeds that feature ranging levels of CBD to THC as to suit each user’s personal needs and preferences best, paving the alluring business path towards reaping promising gains from selling CBD cannabis seeds by partnering with reliable wholesale marijuana seeds suppliers.
CBD Seeds Sales Changing the Cannabis Landscape: Final Notes
While Canadian licensed producers were busy preparing for legalization in 2018, they generally assumed that most of the cannabis consumer market demand is going to be for marijuana strains, seeds, and different other products high in THC, as shared by the CEO of Biome Grow, Khurram Malik.
However, little did anyone expect that the buzz and hype around CBD were about to grow with the passage of the U.S. farm bill, the law that allowed for hemp plants to be legally cultivated for the purpose of extracting Cannabidiol.
In the meantime, similar regulations regarding industrial hemp and CBD extraction came into effect in Canada in October. This created a double wave of excitement on CBD, making the in-vogue profile of CBD go through the roof, especially after a myriad of celebrity names, such as Martha Stewart and Kim Kardashian, joined the CBD fever. Kardashian went as far as to post her CBD baby shower on Instagram, driving the millions of followers CBD crazy after Kim and her guests got down to making Cannabidiol-infused body oil and salt scrubs.
The shortage of CBD products is expected to continue until late 2019 but this seems to not really be of greatest importance to the visionary business owners who have already started to enjoy the sweet gains from selling CBD cannabis seeds.