We live in a time when everything is possible. We might not have all the answers, but science, without a doubt, has advanced to the point it can help us live healthier and longer lives. How does the discovery of CBD fit into all this? The answer is quite simple—CBD can also help us live healthier and longer.
Incredible CBD Facts and Trends That Will Leave You Speechless
The Rise of the Cannabis Industry
The cannabis industry is composed of four separate areas—recreational cannabis, medical cannabis, hemp, and CBD oil. As a whole, it is worth a staggering $10.4 billion in the US only. Separately, recreational cannabis is worth $3.2 billion, medical cannabis is worth $5.1 billion, the hemp industry is worth $820 million and CBD oil $202 million. The most mind-blowing thing? The cannabis market is expected to grow at a rate of 30% per year, reaching $63 billion worldwide! These numbers are not something that can be ignored, and there is a good reason for it.
CBD Is Rapidly Gaining Momentum
Cannabis consists of two main components—CBD, or cannabidiol and THC, or tetrahydrocannabinol. Unlike THC, which is famous for its mind-altering properties, CBD does not share the same ability. On the contrary, it contains similar positive health benefits to THC, but it is not psychoactive. That is one of the main reasons why CBD is gaining popularity. Over a quarter of the US population has already tried it in some manner, and one in seven Americans use it on a daily basis. The lack of psychoactive components is making it more legal, and easier to find and buy.
For example, hemp-based CBD is legal in all 50 states. The Way CBD Is Changing the Medical World Scientists and doctors have contributed to CBD’s good reputation, and this should not come as a surprise considering the results. For example, CBD is primarily used for chronic pain relief because it gives better results compared to modern medicine with zero negative side effects. The same goes for the area of mental health. Among other things, it is one of the most promising treatments for anxiety and stress, as well as for dealing with sleep disorders like insomnia. According to some studies, around 30% of millennials, Gen Y-ers, and people over 40 use CBD.
The Bottom Line
The entire cannabis industry will continue to surprise us and amaze us, but we feel like CBD is the area that will make the biggest difference in our lives. That said, if you are interested in more incredible stats and trends about CBD that will make you think, make sure you check out this infographic too.
Learn also about research on medical marijuana and pain.
