In 2018, the percentage of CBD consumers in the United States nearly tripled, from 2.6% to 4.8% . The retail market for cannabidiol products in the U.S. is estimated to reach $16 billion by 2025, up from $2 billion in 2018.
Add to that the fact that 80% of those who know about CBD support its use (even if they don’t use it personally), and it’s clear that CBD is a promising niche to launch an online business in.
This article will discuss the different e-commerce platforms chinese overseas asia database available to launch an online store selling CBD-derived products. Let’s start by understanding what CBD is.
What are CBD products?
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CBD is one of over 100 cannabinoids or chemicals found in hemp and Cannabis Sativa plants. The most well-known cannabinoid is THC, or tetrahydrocannabinol, which is responsible for the impairment associated with cannabis ingestion. In contrast, CBD does not create an intoxicating effect; it has the potential to provide restorative benefits in terms of health.
The CBD industry is constantly introducing new hemp-derived products. If you want to start a CBD business, there is
Favorite CBD Products
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Sublingual tinctures
Tinctures are CBD oil wellness products made with a concentrated form of CBD. Sublingual products are taken by simply placing them under the tongue and allowing the oil to absorb.
CBD Infused Foods
There are numerous CBD-based snack products on the market today, including gummies, chocolate, candy, and honey sticks. Most of them describe hemp as less medicinal and closer to a wellness treatment.
Vaporizer Concentrates
Vape concentrates, such as CBD waxes and oils, are another popular product. They are designed to be used in conjunction with an electric device to vaporize and inhale CBD products.
CBD Topicals
CBD topicals for pain and discomfort include creams, gels, and sprays. These products are applied directly to the skin to treat a specific area of the body.
CBD Capsules and Pills
Many patients who suffer from seizures or digestive problems use CBD pills or capsules to cure their symptoms.
Furthermore, CBD is not exclusive to humans. When given a low dose of CBD, animals also experience calming effects and many growing companies sell CBD products for pets such as dogs and cats.
Regardless of which CBD dietary supplement products you choose to sell, be careful of any medical and health claims you make, as the products are not FDA approved.
Why is it difficult to choose an e-commerce platform for CBD products?
Due to the regulatory status of CBD and the legal issues surrounding the cannabis industry, some e-commerce platforms do not allow the creation of online CBD stores. We will discuss why cannabis merchants should choose a suitable e-commerce platform for selling CBD products online .
Every industry faces unique challenges. Online CBD sellers are not excluded. As this is a new sector that only recently gained legal status, it has unique challenges that hinder the ability of startups to thrive.