CBD Sales Have Skyrocketed By 99% In The UK
The demand for CBD oil in the UK continues to grow as consumers go wild for the cannabis extract.
What Is CBD Oil?
For those unfamiliar with CBD or cannabidiol as it's also known, CBD is a chemical substance found within the cannabis or hemp plant. CBD has reported medical benefits, such as helping improve sleep, reduce stress and inflammation.
Is CBD Oil Legal In The UK?
CBD is legal in the UK as long as it does not contain THC. THC or Tetrahydrocannabinol is the active ingredient within the cannabis plant that gives you that 'high' feeling you experience when smoking or vaping cannabis. THC is currently a controlled substance under the Misuse of Drugs Act 1971.
The UK CBD Market Is Booming
The latest findings show the size of the UK CBD Market to be approximately 300 million pound per year with an astonishing 1.3 million active users.
CBD is now larger than both the total UK Vitamin D market (145 million pound) and Vitamin C market (119 million pound) combined.
The UK CBD Market is continuing to grow at an extraordinary rate and is expected to hit almost one billion pound by the year 2025.
Buying CBD Online In The UK
The sudden increase in sales of CBD oil and other CBD products in the UK is largely as result of the many online CBD stores popping up in recent months.
The high street has also seen a rise in the availability of CBD products to buy with big brands like Holland & Barrett and Boots selling a range of CBD oils and CBD capsules.
CBD Cafes are also becoming a more frequent sighting in the UK with Starbuds recently opening a CBD cafe in Sheffield in August
The NHS have warned consumersto be careful before purchasing CBD products online: " Many cannabis-based products are available to buy online, but their quality and content is not known. They may be illegal and potentially dangerous.
"Some products that might claim to be medical cannabis, such as 'CBD oil' or hemp oil, are available to buy legally as food supplements from health stores. But there's no guarantee these are of good quality or provide any health benefits."
CBD Manufacturers Call For Better Legislation
Manufacturers of CBD oil in the UK are now calling for the UK government to address the confusion surrounding CBD laws in the UK and to clear up the legislation surrounding the use of CBD in the UK.
“The benefits of CBD are now being better publicised as a huge volume of research is released across the globe,” says Paul Waite, founder of CBD company New Leaf CBD.
“Our aim is to help bring these benefits to their customers by producing carefully researched and diligently tested CBD supplements.”