From cosmetics and candy, to dog treats and capsules, to oils and bath bombs, a myriad of products across numerous industries have decided to jump on the CBD craze. Said to help treat nearly anything—pain, acne, depression, stress, insomnia, various medical ailments, and more—but not get you ‘stoned,’ it’s no surprise CBD is sweeping the nation. And a recent study shows it’s not slowing down.
CBD, or cannabidiol, is a naturally occurring compound found in the cannabis plant. But, unlike the closely related THC, CBD is non-intoxicating, and doesn’t make a user feel high.
According to cannabis research companies BDS Analytics and Arcview Market Research, the collective market for CBD sales in the U.S. is predicted to surpass $20 billion by 2024. And, soon, the majority of CBD product sales are expected to occur in general retail stores, rather than cannabis dispensaries.
With major chains expected to join in selling CBD products, like Walgreens, CVS, and Rite Aid, one local brand wants to be the go-to for the growing industry.
CBD Snapshot is a newly launched, Dallas-based national consumer newsstand magazine and online platform covering all things natural wellness and CBD. With the intent to illuminate the conversation and be a resource for those interested in incorporating it into their lives, the bi-monthly publication will cover breaking news, research, product reviews, personal stories, and answers surrounding the complex industry.
General Manager Joanna Shirk said that as the industry continues to swell, she sees CBD Snapshot as the “information hub leading the way.” Each issue plans to involve CBD experts and disruptors—the first, May/June2019, features Dr. Oz examining the movement.
“We know Americans have many questions about CBD from industrialized hemp and we want to fill that void by becoming the go-to resource for all things cannabidiol,” she said.
Most people’s questions derive from the December passing of the 2018 Farm Bill that passed in the U.S. Senate. Under the new laws, hemp will no longer be on the illegal Schedule 1 drugs list, and will instead be managed as a commercial crop by the Department of Agriculture. This meant that CBD products made from industrial hemp with less than .03 percent THC are federally legal.
“While the passage of the 2018 Farm Bill was a step in the right direction, there is still a lot of gray area, legally speaking, when it comes to CBD,” the CBD Snapshot editor-at-large, Brooke Alpert, M.S., R.D., CDN, said in a statement.
Alpert’s welcome letter in the inaugural issue describes how she, as a registered dietitian and cannabis practitioner, has seen the positive impacts of proper CBD use. She wants to help navigate people through the experience as the “pulse of CBD.”
“With this new and booming industry comes new products and research, a flood of information that can be really complicated to understand,” Alpert writes. “And that’s where CBD Snapshot comes in.”
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