Cannabidiol (CBD) is rapidly being integrated into a wide variety of consumer wellness products around the world and this could be a great opportunity for multiple companies in the MLM industry that offer products with this raw material.
According to a new report from CannabisNewsWire:
- The global cannabis market is expected to quadruple to more than $63 billion by 2024
- The CBD oil market will grow at a compound annual rate of 37.2 percent through 2023.
- CBD products are exploding into a wide variety of product lines such as essential oils, massage creams, soothing extracts, mouth sprays for fresh breath, among many more.
- Diversified, sales-driven companies are expected to outgrow the standard growth curve and develop many more products as the medical cannabis industry continues to grow.
- Nations are taking an increasingly liberal and open approach to cannabidiol-based products and are moving from a restrictive and prohibitive approach to a regulatory one, with far fewer hurdles in the future.
Hemp, a strain of Cannabis sativa and a primary source of CBD, has been used by humans for more than 10,000 years in food, textiles, and medicine. The world is once again recognizing the therapeutic benefits of hemp extracts, and consumers are adopting cannabis-based products at a dizzying pace.
Consumer demand has unleashed an explosion of product innovations ranging from oils and edibles to pet products and infused beverages.
One of the advantages of cannabidiol products in the natural products market is that a whole range of benefits for health and in the field of cosmetics have recently been discovered, especially when it comes to calming effects for all those people who suffer from of neurological, psychiatric and psychosomatic disorders. All this series of discoveries have come to be supported more and more widely and more benefits are expected to be discovered in the near future.
Before going into the reasons why cannabidiol has become so popular, it is necessary to clarify the differences between this substance and the psychotropic part of the cannabis plant (THC).
The most important thing when dealing with what CBD (Cannabidiol) and THC (Tetrahydrocannabidiol) are is to know that they are both cannabinoid substances. These are just two of the more than 150 cannabinoids that have been discovered in the cannabis (marijuana) plant. But what are cannabinoids? They are simply those chemicals capable of binding to the cannabinoid receptors in the human body and brain via the endocannabinoid system.
These substances are therefore, along with terpenes, those components of marijuana that awaken effects in us, either physically or mentally. They are responsible for the fact that by consuming cannabis we laugh, relax or reduce our tension and muscle pain. Of all the chemical substances in cannabis, CBD and THC are the best known and the most studied by the scientific world to date. In fact, these two substances were the first cannabis cannabinoids to be isolated and synthesized by Dr. Raphael Mechoulam.
But what is CBD?
CBD, the substance that is causing a furore in the medical and scientific field, is the full name of cannabidiol. This cannabinoid is one of the most famous cannabis components right now. It is the active principle that is revolutionizing the perception of marijuana worldwide due to its therapeutic properties. The most important thing about cannabidiol is that it does not trigger the psychoactive effects of tetrahydrocannabidiol (THC). That is, it does not alter our brain capacities. And on top of that, CBD is capable of counteracting the psychoactive effects of THC:
CBD rose to fame for its anitconvulsive properties and has been studied as an active ingredient capable of stopping the seizures caused by some refractory epilepsies.
What is THC?
The full name of THC is 9 Delta Tetrahydrocannabidiol and although CBD seems to be eclipsing its fame today, THC is the great star of cannabis. Historically it has always been recognized for its relaxing and psychoactive properties. This cannabinoid is responsible for the “high” of marijuana and this active principle is why cannabis has been considered a prohibited substance in so many countries.
But the effects of THC go far beyond just getting high. THC has important narcotic properties, very effective in curbing the pain of chronic patients, and is a great ally to whet the appetite and curb nausea, which is why it is usually recommended for those who are being treated with chemotherapy.
Where do CBD and THC come from?
Both cannabinoids come from the cannabis sativa plant, commonly known as marijuana. CBD can also be found in the hemp plant, which is the first cousin of cannabis, but THC is only produced in cannabis.
Traditionally, cannabidiol could only be found in the hemp plant, but the growing demand for this cannabinoid among consumers has led growers to work on cannabis plants to produce CBD. So today it is common to find marijuana plants that do not have levels of THC, but high percentages of CBD. These plants have been genetically modified to be safer for consumers and to respond to the high demand for CBD.
What is the difference between hemp and marijuana?
Both plants are part of the cannabis sativa family, but their morphology and composition is different. The most striking of the differences is that hemp does not produce THC or any other cannabinoid with psychoactive effects, it only produces CBD, while marijuana produces more than a hundred cannabinoids. Hemp is taller, sturdier, and has fewer branches; and marijuana is more compact, lower and has many branches.
Hemp is that spiky plant that looks like marijuana and has traditionally been used for the production of fiber (in the construction and textile sectors) and for the production of seeds (food sector), and marijuana it is that bushier plant that is grown for the purpose of producing cannabinoids.
What are the effects of CBD and THC?
The effects of CBD, broadly speaking, are muscle relaxation, the reduction of seizures or the reduction of anxiety, among others. THC, on the other hand, is attributed psychoactive effects, as well as narcotic, relaxing and anti-inflammatory properties.
The recent discoveries and the greater awareness among the public about the difference between these two substances, has led to an increasing laxity in the treatment of CBD consumers and producers, since they have ceased to be associated with groups and illegal entities that promote the recreational use of marijuana. It is for this reason that cannabidiol, CBD, is experiencing a great boom in the market and it is expected that this boom will continue as new markets open up to the CBD industry.
Some MLM companies integrated into CBD marketing processes
Given all the beneficial properties of CBD, it is only logical that big players in the direct sales and MLM industry have entered to participate, offering their clients the best options for the safe consumption of cannabidiol.
Some of these companies include the following:
kannawaya subsidiary company of Medical Marihauna Inc, a company that has been globally recognized for the safe use of the cannabis plant for the production of CBD for therapeutic purposes.
Other big companies that are making it big in the world of medical or therapeutic cannabis are the following:
Hempworx/ My Daily Choice
My Daily Choice offers two broad product categories. One of them present CBD oil. The other is a line of spray products.
CTFO CBD encourages people to join their network by offering a free membership.
The company carries CBD oil and other related products at low prices. These include CBD oils, vapors, sprays, and edibles.
Vasayo’s CBD One
Vasayo CBD Oil is advertised as outperforming other remedies, as the creators claim that these products “don’t work as well”.
The proprietary formula is available as a CBD oil and cream, using liposomal technology to help the body easily absorb it for desired effects.
When it comes to choosing a product, CBD One offers greater bioavailability than traditional formulas simply don’t.
Zilis offers a small range of products for its customers and aspiring company members. There are only three items in the company’s product line. These include full-spectrum CBD oil, topical CBD items, and Ultra Boosters.
Morinda focuses on products made from the Tahitian noni fruit. The company promotes and markets the noni fruit as a superfood.
The company also offers three CBD oil products. These are Nhanced CBD Roll On Gel, Nhanced CBD Body Cream, and Nhanced CBD Oil. The oil formulation contains 500 mg of cannabidiol.
There are many more companies in the industry that offer CBD-based products, some of the best known are HB Naturals, HempSMART, HealX Nutrition, RegenaLife, Verum Gold, Bocannaco, Reliv, First Fitnes Nutrition.
And the list keeps growing. MLM is increasingly integrating this business opportunity into its product lines, which will provide incredible benefits to all entrepreneurs in this wonderful channel we call network marketing.
Via | Direct SellingNews