$IDVV Last year, consumer sales of CBD products to
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Posted On: 12/10/2018 12:15:19 PM
$IDVV Last year, consumer sales of CBD products topped $350 million in the United states, more than triple the amount sold in 2014, and various estimates predict the market could reach $2 billion within the next two to four years.
The term "CBD" is a nickname for cannabidiol, which is one of several cannabinoids, or chemical compounds, that are found in cannabis and hemp plants. The most popular cannabinoid is tetrahydrocannabinol, or THC, which is the main psychoactive component in marijuana, the part that gets you high. Because CBD is not psychoactive, it does not create the same buzzy effects typically associated with marijuana when ingested.
The term "CBD" is a nickname for cannabidiol, which is one of several cannabinoids, or chemical compounds, that are found in cannabis and hemp plants. The most popular cannabinoid is tetrahydrocannabinol, or THC, which is the main psychoactive component in marijuana, the part that gets you high. Because CBD is not psychoactive, it does not create the same buzzy effects typically associated with marijuana when ingested.
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