Choose the specific products you want to sell CBD wholesale based on the target market you intend to capture. Are you hoping to attract the attention of wellness-focused consumers, or people who are looking to try CBD for the first time?
A report released in August 2019 from Grand View Research, Inc. suggests that the value of the global CBD skin care market will surge to $1.7 billion by 2025.
Since its inception in 2015, CBDistillery has gained a solid reputation as a trustworthy partner of thousands of nationwide retailers. All products supplied by the company are tested by third-party laboratories and packaged with clear labeling. Examples of the retailers CBDistillery partners with include convenience stores, independent pharmacies, medical/healthcare offices, and wellness centers.
2. Edibles and gummies.
Just like any other industry, one of the most important metrics to consider when getting involved with CBD wholesale centers around points of distribution is how many different retailers stock the product.
Specialty stores cater to a particular retail market. A few prime examples of specialty brick-and-mortar businesses that would welcome CBD products include vape shops, smoke shops, health/wellness stores, and nutrition stores.
When you are on the hunt for hemp-derived CBD distribution opportunities, pay attention to third-party testing. Request to see lab test results for each production batch of CBD and observe the levels of cannabinoids and terpenes (biological compounds in the plant that can have unique properties by strain) contained in the CBD product.
A trusted supplier should be certified by the U.S. Hemp Authority program. Additionally, a CBD supplier should be compliant with regulations laid out by the Food and Drug Administration (FDA).
Each CBD oil batch should be consistent. COAs ensure this quality. These documents provide a thorough breakdown of what is in the hemp extract they’ll be supplying.
4. Educational Resources
Bulk pricing options for CBD oil are dependent on which company you choose as a partner. Common programs that offer bulk pricing discounts include wholesale CBD oil programs, dropshipping programs, or white label programs.
5 Reasons to Choose Joy Organics As Your CBD Supplier
The beauty of partnering with Joy Organics is we did all the hard work for you. We can ensure that the seed-to-sale cycle is within its best-by date, that the CBD manufacturers have all their licenses and certificates, and that we have all of our COAs available for viewing. You can focus on the fun stuff like designing packaging, marketing initiatives, and choosing products.
Every batch of our premium-grade products is tested for purity throughout every step of the process. Our lab reports are easy to find on our product pages. We’re so sure that each batch will be the same high quality that every order is backed with a 100% money-back guarantee.
Understanding their technology and extraction methods is important for your bottom line, as these resources will impact the type of products you sell and how much the CBD oil will cost.
While CBD has been largely unregulated thus far, there are certain regulatory licenses and proper manufacturing certifications that the best CBD manufacturers will carry. Only the top CBD companies align with these types of manufacturing facilities. We’re no exception!
Estimated Annual Revenue
CV Sciences was founded in 2010 and focuses on two major markets: pharmaceuticals and consumers. CV Sciences sells various botanical-based CBD products for consumers and can be founded in health food stores. Their current pharmaceutical pursuits include the development of a cannabidiol-based medicine pending FDA approval. CV Sciences acquired CanX in 2015 and is working on developing a nicotine and CBD gum to fight tobacco addiction.
Charlotte’s Web is a CBD supplier with a unique formula to other CBD products, with a high amount of cannabidiol and low THC (some products are even THC free). Charlotte’s Web is a family-owned company of seven brothers, originally founded in 2011. Their product line includes CBD oil, gummies, and capsules, as well as CBD products for dogs. Their CBD oils are also available in different flavors, such as mint chocolate, lemon, and orange blossom.
Table 1 – Top U.S.-based Suppliers of CBD Oil
CBDistillery was founded in Denver Colorado in 2016 and makes a commitment to selling fairly-priced products. Their line includes CBD oils, capsules, isolate, and creams. Their CBD products are made from non-GMO industrial hemp with natural farming and contain no THC. Their products are also offered wholesale and are all tested by a third party.
CBD oil is primarily used to relieve pain, reduce anxiety and depression, and is even used to fight symptoms in illnesses such as cancer, multiple sclerosis, and epilepsy. The passing of the Farm Bill in 2018 has made it easier to sell CBD products in the United States, although it is still not sold everywhere. The CBD market is one of the fastest-growing markets today. In 2016, Forbes reported that the market is expected to manifest a 700% increase in four years, reaching $2.1 billion by 2020. In this guide, we’ll be going over the top cbd companies, both domestic and global, to help you source for what you need.