Can't Keep CBD On The Shelves Due To High Demand
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CBD has grown in popularity tremendously over the last several years, to the point where you can find a wide variety of CBD products now available on the market, everything from CBD drops and patches, to gum, creams, dog treats, and plenty more.
The CBD market is expected to reach roughly $22 billion by 2022.
Although there are many people who are taking CBD for a variety of reasons, both young and old, it's those adults today who are over the age of 50 who are seen to reportedly be the fastest growing market segment for all CBD products. The same can be said for cannabis as well, the older consumers are significantly helping to drive these markets.
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Seeing as both CBD and cannabis have been known to offer help to people who suffer from a myriad of health conditions, including pain, depression, and anxiety, it's no wonder that seniors and older adults today would be open minded to seeing what cannabis and CBD might have to offer them, because many of them do suffer from these illnesses.
In Canada, where they've recently forged ahead with their own legalization market, it's reported now that they are struggling to keep CBD on the shelves. And it isn't just CBD, there is said to be a shortage of cannabis with a variety of retailers.
Licensed producers allegedly underestimated the popularity of CBD and weren't prepared to meet the demand.
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feels like everyone I know runs a cbd company now adays.
As it should! Good stuff my friend. Just hoping big pharma will not scoop it all up and kill small farmers.
hopefully there will always be options!👍