It’s fair to say that the CBD market is thriving. According to market intelligence company Hemp Business Journal, $130 million worth of products containing the cannabinoid were bought in the U.S. in 2016. And that figure is only set to rise in the years to come, the data analyst believes. Indeed, the source estimates that consumer sales of CBD goods will total an astounding $2.1 billion by 2020 – buoyed, perhaps, by claims that the usage of such products can help alleviate the symptoms of chronic pain, depression and diabetes, to name but a few conditions.
Full spectrum CBD oil consists of CBD or cannabidiol, terpenes and 0. 3 percentage of the psychoactive cannabinoid, tetrahydrocannabinol (THC). Even though the full spectrum oil consists of THC, it does not impose any intoxication effects because it is below 0.3 % which is legally approved for use in the United States and around 30 different countries Internationally.