The CBD and cannabis industry faces unique challenges that other industries don't. Most of these challenges relate to the regulatory environment and, as federal agencies like the FDA detail specific rules and guidelines, things should stabilize. For now, though, if you want to start a CBD business, you should be aware of these major considerations:
Needless to say, society is growing more open-minded and accepting of CBD. Many individuals are turning to it for pain relief, stress management, better sleep, and more; and many gas stations, restaurants, and local CVS stores now sell it.
Overall, Slovik said, the formula for success is simple, even if the process is complicated.
Key challenges facing CBD businesses
"I used to be a pro snowboarder … and I was always sore, my muscles were constantly in agonizing pain. I tried CBD, and it helped me tremendously," said Slovik. "Then, years later, cannabis … started coming to the forefront, and there was research and data backing up everything I felt on the mountain."
There are countless unique opportunities for new businesses to sell CBD. Starting a CBD business includes all the hard work and effort of launching any other company in addition to the uncertainty of a shifting regulatory landscape (and all the issues that accompany it). However, in a fledgling industry projected to undergo explosive growth, the heavy lifting today might be well worth it tomorrow.
"This industry has been more or less illegal for the past century," said Slovik. "At this point, there's major, major momentum. Many people are trying to break in, so don't follow the herd. You want to be a leader."
Tip: If you want to differentiate yourself from other CBD businesses, it's key to provide third-party lab testing results to validate the quality of your product.
Vaporizer pens are a trendy and discrete manner to vaporize cannabis medicine. However, commonly used thinning agent in many products on the market are harmful when heated and inhaled.
To extract CBD -rich cannabis oil, one must start with CBD -rich plant material. There are many ways to extract oil from the cannabis plant, each has its pros and cons. Some methods are safer and more effective than others. Cannabis oil made with neurotoxic solvents like butane and hexane may leave unsafe residues that compromise immune function and impede healing.
Medical patients swear by it. Researchers are intrigued by it. Government regulators are flustered by it. And investors are head over heels for it. But what exactly is CBD oil?
Look for products with clear labels showing the quantity and ratio of CBD and THC per dose, a manufacturing date, and a batch number (for quality control). Select products with quality ingredients that are lab tested and safely extracted.
CBD Oil Prior to Activated Carbon Filtration to Remove Chlorophyll
Filter cake (shown from hemp bio mass method) accumulates on the filter cloths and then drops into a dumpster once the cycle has completed and the filter press is opened.
Wax cake from the winterized process builds up on the filter cloths during pressure filtration.
Popular Methods of Botanical Extraction Involving Filtration
As cannabis legalization spreads throughout the U.S., the number of unique businesses entering the industry and shaking things up is rapidly increasing. One innovation that’s taking the cannabis scene by storm is the legal sale of products crafted from cannabidiol (CBD) oil, which appears in numerous forms.
CBD is an abbreviation for cannabidiol, a chemical compound derived from the hemp plant. Unlike many other compounds associated with cannabis, the CBD found in hemp doesn’t deliver a high, and is instead used with the intent of treating an array of medical conditions. CBD products are now legally available in nearly every U.S. state in some capacity, and they come in many forms, from edibles to prescription drugs.
Another benefit is that M.W. Watermark offers FDA-compliant filter cloths and filter plates, as well as manifold piping and hydraulic oil and systems designed to combat contamination.
A filter cake containing plant waxes resulting from the winterization process.