The State of The CBD Market Today
When the Federal government passed the 2018 Farm Bill in December of 2018, and essentially legalized industrial hemp on a federal level, everyone believed that would logically extend to hemp-derived Cannabidiol (CBD) products. However, that was not the case.
Even though CBD has been proven to be an active agent to counteract many ailments, the FDA claimed jurisdiction over the compound, sending confusion across the industry. To be clear, the FDA was mostly worried about foods infused with CBD, and that those products required approval before being sold. However, that has not stopped many companies from selling their CBD infused products.
Regulated VS. Unregulated CBD Market
Even though the FDA has published its statements on CBD, the industry is widely unregulated. Customers must rely on themselves to determine if the product they are purchasing has been through the proper qualifications to be deemed a high-quality product. This situation creates a problem for the industry, since most people, unfortunately, do not take responsibility in their own hands. Instead, they end up purchasing low-quality products then complaining to the government. With enough complaints, the government then comes down hard with costly regulation in the interest of the consumer.
Regulation, while originating with good intentions, puts undue costs on companies and the taxpayer, because someone has to pay for that regulation eventually. Lawyers have to be hired to draft up laws and regulations; then the staff has to be appointed to manage and implement the newly created rules. This new bureaucracy adds more time to bring products into the market and raises the prices of the final product –hurting both the manufacturer and consumer.
The best solution is to have an unregulated market regulated by the industry. So far, the CBD sector has respectful companies with high-quality products that go through 3rd party testing for every batch that they produce. But there are plenty of companies that cut corners and give CBD a bad name.
3 Easy Tips for Buying High-Quality CBD Products
It is in everyone’s interest that we keep the CBD market, one that is regulated by the industry and not the government. We don’t need the government in every aspect of our lives. To help you out, here are three easy tips for buying high-quality CBD products:
- Independent testing is an easy way for consumers to know that they are buying a high-quality product.
- Another way to further add confidence is verified reviews from different sources. Don’t just trust the reviews on websites, but look at Yelp, Google Maps, and others to help with your decision-making.
- Finally, pricing; if you are buying a 1000mg tincture for $30 or less, then there is something wrong. Quality products are reflected in their pricing because quality ingredients are used. Also, good quality extracting procedures and proper testing processes are strictly adhered to which are passed on to the price. Cutting corners will only hinder your experience of the otherwise amazing effects of CBD.
CBD Online Store
At the CBD Online Store, we make sure every product is from a manufacturer that is transparent in its process of sourcing, extracting, and testing hemp-derived CBD. We also try to make sure to try all the products ourselves just to be completely sure of their quality and potency. It is important that all our customers are satisfied with their experience because we know all the different physical and mental issues that CBD can solve.
The CBD Online Store has an array of different CBD products, such as tinctures, capsules, vape juice, liposomes, dispensers, dog treats, and topical balms. We also carry whole-food hemp products, such as seeds, that are a phenomenal supplement rich in nutrients, omega 3s, fatty acids, and plant protein. You can visit the shop here.
The CBD Online Store is the largest and best online CBD store. Buy CBD online with confidence from the best brands backed by 3rd party labs.
