LAS VEGAS -- CBD-infused foods are gaining strong momentum in the market as consumers demand more healthy food options. CBD is considered a healthy alternative to pharmaceuticals that have horrible side effects, like opioids. It can be used as one component in holistic health treatments. As CBD-oil infused markets continue to gain traction, healthy food options are growing.
Also read, Half of Canadian's daily calories come from ultra-processed foods, research finds.
Traditionally, consumers think of CBD-oil infused edibles as cookies, gummy bears, or brownies. Now companies are producing healthy food products to meet the needs of those seeking healthy alternatives to traditional CBD-infused snacks. CBD is a non-intoxicating cannabis compound with several therapeutic properties. Infusing this compound into healthy foods is helping consumers fight anxiety, pain, over-eating, and insomnia.
Hemp Business Journal estimates the hemp industry will grow to $1.8 billion in sales by 2020, led by hemp food, body care, and CBD-based products. The enormous potential for expansion shows big revenue possibilities for investors and companies as operations and new products hit the market almost daily.
Hemp and CBD Companies across the market from food to therapeutic products include: NightFood Holdings, Inc., INSYS Therapeutics, Inc., Medical Marijuana, Inc., Lexaria Bioscience Corp., and Player's Network Inc.
From healthy night-time snacking to relaxing herbal teas, energy supplements, and pain relievers, the market is continuously expanding, offering more and more to the consumer. More specifically, CDB-infused food products are gaining the most traction within the market space currently. The hemp and CBD industry are showing potential for becoming one of the fastest growing sectors on Wall Street. Keep an eye on these companies as their market share grows with their new products hitting the market.
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