As the demand and acceptance of medical marijuana grows in the United States, more Americans are finding themselves in the position of buying cannabis-derived products — and a lot of them. To put it in perspective: CBD products earned 108 million dollars in consumer sales in 2014; that number more than doubled by 2016, earning 262 million dollars, and has grown exponentially since, according to Statista.
The popularity of CBD oil in particular has resulted in an explosion of similar products trying to jump on the bandwagon. The problem is, not all cannabis-derived products offer the same potential benefits, so it’s important to know exactly what you’re buying.
References
Agricultural Marketing Resource Center. (2022). Industrial hemp.
FoodData Central. (2021). Cold pressed hemp oil. U.S. Department of Agriculture.
National Cancer Institute. (2023). Cannabis and cannabinoids (PDQR) - patient version.
National Center for Complementary and Integrative Health. (2019). Cannabis (marijuana) and cannabinoids: what you need to know.
National Institute on Drug Abuse. (2018). Marijuana as medicine.
National Institute on Drug Abuse. (2024). Cannabis (marijuana).
Statista. (2024). Total U.S. cannabidiol (CBD) consumer sales 2014-2022.
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