Alternative health has long been a popular industry, with many consumers seeking out other ways to alleviate their ailments and improve their overall health without being inundated with chemical-laden medications and products.

Considering this, it's easy to understand why cannabis derivatives have become increasingly popular among consumers. And the fact that it is being legalized across different states makes cannabis and its compounds more and more interesting and accessible among consumers. One particular cannabis compound that has really exploded on the market is cannabidiol (CBD), one of the more abundant cannabinoids in the cannabis plant, along with tetrahydrocannabinol (THC). Though CBD is non-psychoactive and mainly sourced from hemp -- meaning it won’t cause any mind-alerting effects. Instead, it has been used for medicinal purposes. Over the years, the cannabinoid has been increasingly studied with plenty of consumers already touted its vast amount of health benefits.
Considering the heightened demand for this cannabinoid, the hemp-derived CBD industry has been booming and is expected to grow exponentially over the years. In fact, it's expected that sales of this compound could reach a whopping $24 billion in the US by 2023. Such a huge opportunity has piqued the interest of many entrepreneurs who want to get in the game and ride the uptrend of CBD.

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