In recent years, the popularity of cannabidiol (CBD) has increased significantly.
This compound, which is found in the cannabis plant, has infiltrated society as an effective natural treatment for a wide range of medical conditions. Most people now know about CBD and the health benefits it offers.
With this widespread awareness, predictions show that the CBD global market could hit the $20 billion mark by the year 2024. But why has CBD popularity increased this much? Below, we explore the key factors that have contributed to the growing popularity of CBD in recent years:
Sativa Group Plc (NEX:SATI) is the UK’s leading quoted CBD Wellness and medicinal cannabis group with five operating subsidiaries. Goodbody Botanicals provides CBD products online and to retail markets including pharmacies, wellness stores and grocers. Goodbody Wellness is a high-street retail brand with dedicated CBD Wellness stores providing a premium shopping experience to consumers. Tessellate Collective is a direct-selling network marketing platform servicing consumers at home. Phytovista laboratories provides independent testing of CBD products to both external customers and fellow Group businesses. Sativa Grow holds a Controlled Drug licence and cultivates cannabis plants to fulfill its partnership agreement with King’s College London to research the impact of cannabinoids on inflammation and respiratory conditions.