By now, a lot of people have already heard about the benefits they can receive from cannabidiol (CBD), a substance found in cannabis that does not carry the psychoactive effect of tetrahydrocannabinol (THC). For the uninitiated, these benefits can include pain relief and anti-inflammatory properties. CBD can also help patients with epilepsy and even cancer. As a result, some companies have developed products to give consumers access to these perks and expanded the reach of these products.
The variety of CBD products are breaking the stereotype surrounding cannabis consumption. They do not have to be smoked anymore for ingestion, and people can consume it in several ways. For example, CBD oils can be applied on the skin if people are afflicted with certain skin diseases.
People can also incorporate the CBD oil into their food and drinks. For seven days, Epicurious contributor Joe Sevier used the said oil in such way. On the first day, he added it to his fruit smoothie, and on the second day, he put a few drops of the oil on a breakfast sandwich and on a salad dressing.
However, some CBD companies went the extra mile and infused the said substance in creams and edibles such as sweets and candies.
For instance, Lord Jones is known for making confections added with CBD. One of its products is the dark chocolate espresso chews, and they are made from Ecuadorian dark chocolate and has 20 milligrams of CBD.
Aside from that, it also offers gumdrops with ingredients such as gelatin, natural fruit flavors, sugar, citric acid and CBD. Just like the espresso chews, the gumdrops are also capable of stabilizing the emotions of the consumer and even be a sweet remedy for pain and anxiety.
According to Lord Jones founder Robert Rosenheck, “The whole idea behind the brand was to normalize the use of these compounds for wellness and to destigmatize it.” And it seems like a great idea to introduce CBD in such way.
PotNetwork Holdings, Inc. (OTCMKTS:POTN) also provides quite a unique selection of edibles for its consumers, which are distributed by its Diamond CBD subsidiary. One of its standout products is the CBD Cake Pops, which contains vanilla cream covered in chocolate cookie dough. In addition, the sweet dip icing coats them, with candy sprinkles acting as toppings. The Cake Pops contains 30 milligrams of CBD.
POTN also sells Choco Budz, which are chocolate-flavored nuggets in the shape of the cannabis chronic strains. Chocoholics who are looking to enjoy CBD’s wonders will surely love the said product as it is packed to the brim with 100 percent CBD.
Offering these kinds of products can bring more opportunities like expanding the customers they can reach. It can be the perfect time to sell such products because there has been a spike in the number of people taking an interest in natural pain relief, with millennials and Generation Z individuals expressing such interest, according to BrainReserve founder Faith Popcorn, per Ad Age.
Raking in more customers can lead to the growth of the CBD market. A study by market research company Brightfield Group forecasted that by 2020, the overall sales of hemp CBD will reach $1 billion.
Additionally, as the market grows, companies within the CBD industry will also ride along the success. While Lord Jones looks like a new addition in the growing roster of businesses focused on CBD, it entered at the right time.
Meanwhile, POTN is already successful. However, it is poised for further growth in the industry, reinforcing the fact that it is one of the leading companies in the area of CBD. And as a result of its recent achievements, it is planning to change its name to BioTech Hemp, Inc.
The announcement came a few days after the company announced its plan of filing a Form 10 to the Security and Exchange Commission (SEC) with the goal of becoming a fully reporting SEC company in the future and a credible, transparent firm for existing and upcoming investors.
Right now, the company is preparing to file its application for the name and symbol change with the Financial Industry Regulatory Authority (FINRA). POTN aims to submit the application to FINRA before the first week of July concludes.
With CBD companies coming up with distinct products for the enjoyment of their consumers, it indicates that they are willing to share the wonders of CBD to anyone and everyone. CBD candies have already found their way into the market, so maybe it’s possible to see a CBD-infused ice cream in the near future.