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The 2022 CBD Boom Explained

November 21, 2022
in CBD, CBD Blog
The 2022 CBD Boom Explained
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In the past year, CBD has seen a major boom, with CBD products now being sold in all 50 states. From reducing pain and inflammation to improving mental clarity and sleep patterns, CBD is an obvious choice for the health-conscious individual. A trend that seems to be happening is that people are expanding what they use CBD for or are looking to use it more because of accessibility and new research findings. Below are possible reasons why CBD has seen a boom in popularity over the past year.

1. New Research

Because of this research, many people are now interested in learning more about how CBD works. There has been a large increase of studies on the topic of CBD and its benefits. There are currently more than a dozen studies that were funded by the National Institutes of Health (NIH) that explore how CBD can help with different health conditions. For example, there have been at least eight studies on epilepsy where CBD was used not only to treat but also to control seizures.

2. CBD is Accessible to Everyone

It is legal to buy CBD in 50 states and there are thousands of brands that sell everything from skincare to CBD edibles. Celebrities and athletes now use it for many of their daily health conditions.

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3. Many Companies Have Interest

Because there is a demand for CBD and it is readily available, many companies are now interested in producing CBD products. This means that the barriers to entry are low and there is no reason to not start a company selling CBD because you think you can do it.

4. Public Perception

While many consumers do not know how or where to buy CBD legally, the general public perceives that it has a lot of potential benefits. People view it as less harmful than other substances and as a possible way to treat or prevent illnesses.

With new research available on the positive effects of CBD, people want to know about it and how it can be used for the greater good. As a result, there are many brands selling CBD on shelves around the country. Because of how accessible it is, companies are now interested in producing their own CBD products as well. Public perception is also changing, as people view it as a healthier alternative to many other substances.

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