What’s New in CBD?
- The PurSpace Shop
- Jun 23, 2023
- 3 min read
Updated: Aug 16, 2024
So..what is CBD?
CBD is short for Cannabidiol. Cannabidiol is a natural compound found in the Cannabis sativa plant. It is one of over 100 cannabinoids present in the plant, including THC. However, unlike THC, CBD does not get you “high”, but has other supplemental benefits. CBD has gained popularity in recent years for its potential health benefits, such as reducing inflammation in the body, relieving pain, and improving mental health conditions such as anxiety and depression. Other cannabinoids present in the Cannabis plant are CBN, which is thought to have non-intoxicating pain relief properties and CBG which has anti-inflammatory properties. CBD’s usual formulation is as an oil, but it can also be sold as an extract, vaporized liquid, and oil-based capsules. Prescription CBD has been shown to be an effective medication for individuals experiencing epileptic seizures.
In the United States, data has shown that cannabis consumers vary in how and why they use cannabis products. From the National Association of Convenience Store (NACS) article, What’s New With CBD (Haar, 2022) it was stated that 20% of cannabis users in the United States use CBD only, 63% use THC and CBD products, and 16% use THC-only products.
So..what are the types of CBD products?
There are several types of products you can find in a CBD store! Here are some of the products:
CBD Oil Tinctures with different carrier oils
CBD with MCT oil- added benefits of MCT oil.
CBD with Hemp oil- abundance of essential fatty acids.
CBD with Olive oil- contains a large amount of antioxidants and is rich in monosaturated fats.
CBD capsules and pills- pre-measured doses and simple
Full spectrum CBD capsules- contain a variety of beneficial cannabinoids and terpenes.
Broad spectrum CBD capsules- generally don’t contain THC and are good for people who are sensitive to THC.
CBD Isolate capsules-CBD is isolated from every other compound in the hemp plant.
CBD Topicals- designed for applying directly on the skin and generally contains essential oils, amino acids, and other compounds that help moisturize the skin and target specific areas of discomfort. Usually available as balm, body lotion, cream, and facial moisturizer
CBD edibles- gummies, chocolates, mints
CBD inhalable- have greater bioavailability and come as vape juice, vape additives, pre-filled CBD pods, and disposable CBD vape pens
CBD Hemp Flower- buds of the hemp plant and contain the legal limit of THC.
So..what is on the horizon for CBD?
There is still a regulatory grey area that many CBD businesses must deal with, but according to a Forbes article: The Future of the CBD Industry in 2022 and Beyond (Sill, 2021), there are changes on the horizon in the CBD industry.
CBD has become big business and is set to get much bigger and more diverse.
Regulatory challenges remain and it will take congress to clarify things.
Big box retail access will spur sales while stabilizing and improving supply chains.
More big names will get into the game through acquisitions once regulating landscape clears and stabilizes.
Education, quality assurance and safety measures will skyrocket.
The crucial developments that will remove barriers for businesses in the CBD industry will be:
The FDA classifying CBD as a dietary supplement.
The industry’s unrestricted access to financial services.
An intelligent regulatory framework that increases product quality and safety across the board.
There are many positive changes on the horizon for CBD! Purspace Herbal Care is doing all we can to be on the forefront of these changes and we are committed to educating our clientele about everything CBD related. We look forward to keeping all of our customers apprised of new products, what’s coming down the pipeline, and the future of Purspace Herbal Care!
References
Haar, M.(2022). What’s new with CBD? National Association of Convenience Stores.
Sill, M. (2021). The future of the CBD industry in 2022 and beyond.
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