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CBD Investing: how the Hemp and Cannabis Compound is fast-tracking the Marijuana Industry

Cannabidiol, more commonly known as CBD, has become a familiar name in recent times. The so-called therapeutic health benefits of CBD, one of the many compounds found in cannabis and hemp plants, has created quite a buzz. 

CBD oil has entered the market in the form of tinctures, infused edible oils and more. The growth of CBD-based petroleum products has been so significant that industry specialist, BDS Analytics, predicts the U.S. CBD market will reach $20 billion in sales by 2024.

The potential of the CBD industry has led many people to ask themselves how to start a CBD business. The industry is not without its challenges, particularly with regard to the evolution of the legal landscape, but the opportunity is still significant. If you want to get involved in the CBD industry, you first need to gain a little understanding of the cannabinoid compounds.

What is the CBD?

CBD is one of more than 100 cannabinoid compounds found in cannabis and hemp plants. The most famous cannabinoid is undoubtedly tetrahydrocannabinol (THC), which is responsible for the intoxication associated with cannabis use. CBD, however, does not produce an intoxicating effect. Instead, it is often considered to offer therapeutic and health benefits, although research on its potential medical applications is ongoing.

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