In 2019, the value of the UK’s cannabidiol (CBD) market was put at around £300 million. To put that into perspective, the Vitamin D and Vitamin C markets are estimated to be worth £145M and £119M, respectively. It’s believed that the average customer spends around £25 a month on CBD products. Customers with more severe...
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Category: Opinions
Top Benefits of Buying Local, Search for CBD Oil Near You
The phrases ‘buy local’ and ‘shop local’ have been around for a while now with the aim of encouraging consumers to support local business, boost the local economy and even help the environment. Well, guess what. Just as buying local produce, dairy and other retail goods can do those things, so can buying locally-made cannabidiol...
Are CBD Cigarettes the Middle Ground Between Tobacco and Marijuana?
While there’s a lot of support for smoking weed these days, that support for smoking tobacco ran out long ago. Tobacco has been called out as a cancer-causing, carcinogen-packed substance, and no matter which way you swing it, it’s not something that you could ever call ‘good for you’. Related: 5 CBD Strains Popular with Canadians...
Why Cannabis Businesses Should Embrace Increased Regulation
France has been at the centre of cannabis industry news in recent months as it brought in new cannabis laws that meant users with more than 100 grams could face an on-the-spot fine of €200. The country also limits the cultivation, processing and marketing of hemp to the plant’s fibre and seeds and drew criticism...
Will Cannabis be Legalised in Mexico in 2020?
It’s been over three years since medical cannabis was approved by the National Congress in Mexico, and the country is still waiting for the Federal Commission of Sanitary Risks (COFEPRIS) to grant bylaws, with nothing having happened yet. Last August, the Mexican Ministry of Health published Draft Regulations on the website of the Federal Regulatory...
Why the UK CBD Market Shouldn’t be Ignored Any Longer
There has been lots of movement within the cannabidiol (CBD) industry lately and not just in the UK but elsewhere in Europe and around the world. From testing to court cases, it’s clear to say that even a pandemic hasn’t stopped the CBD industry from making itself known. Related: The Impact of the Coronavirus on the...
The Impact of the Coronavirus on the CBD Industry
No business could have predicted the impact that COVID-19 would have on the world, and with the vast majority of the population staying at home to prevent the spread of the coronavirus, many industries, both online and offline, have seen peaks and troughs of sales as a result. That being said, one industry that appears...
How Technology Could Transform the Marijuana Markets in Europe
In the last while, I’ve seen tremendous changes to the U.S. cannabis market, thanks to the growth of technology. Specifically, nanotechnology has made it possible to offer multiple methods to consume marijuana, aside from the traditional way of smoking it. How that will impact the rest of the world, and in particular Europe, is an...
How Cannabis Could Save Bees And Make Your Life Sweeter
Beekeepers around the world have been noticing a steady decline in bee populations for several years. But cannabis plantations could help save bees from extinction because bees love weed as much as humans do, albeit for different reasons. Related: Use-Cases of Hemp and Marijuana: Unlimited? What makes cannabis so attractive to bees, and how can cannabis...
How the CBD Market in the UK is Changing
Change can be painful, and progress often comes in the form of three steps forward and two steps back. There are probably very few people who know this better than the people who are involved in the cannabidiol (CBD) market in the UK. Even though the CBD market has now long since come out of...
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