Month: August 2022
The cannabinoid market is nothing like it was a decade ago. In 2012, the very first CBD products started to become available, and it wasn’t until 2018 that the CBD industry received an official nod from the US federal government. On the other hand, the cosmetics industry has stayed relatively stable over the last 10 […]
Using cannabinoids to improve the health of your skin is all the rage. In 2019, Grandview Research¹ valued the CBD skincare market at $698 million with an expectation that it will grow at a rate of more than 27% year over year until 2025. The previous year, fellow market researcher The Benchmarking Company (TBC) performed […]
For hundreds of years, pharmaceuticals have been understood to be substances that improve your health in some way. Nutraceuticals are the same thing except that they’re derived from natural sources instead of synthesized in a lab. According to recent surveys, an increasing number of consumers are seeking health help from nutraceuticals, not pharmaceuticals. The nutraceutical […]
Members of older generations may not be familiar with newer cannabinoid product types like edibles. More and more, however, average consumers are recognizing edibles as an effective and convenient way to take cannabinoids that don’t have to get you high. Market researcher, Ipsos, recently released a report¹ covering the main reasons cannabinoid users choose edibles. Understanding […]