The Market

  • Cannabidiol, better known as CBD, is trending as a significant health and lifestyle option for promoting better health.
  • CBD is legal in all but three states and is legal throughout Europe and Asia.
  • A wide range of products exists in multiple forms representing a growing health product sector expected to grow world-wide to $28 billion by 2027.
  • As Baby Boomers continue to age, the demand for relief from conditions affecting the elderly is continuing to rise.
  • Seniors often suffer from issues that CBD oil would help to alleviate.
  • One of the major issues is that seniors can’t or won’t take pills, gummies can get into their teeth or caught in their dentures and measuring oil tinctures can get messy.
  • Some forms of CBD, such as edibles, take as long as two hours to reach the bloodstream.

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