Cannabis plants contain a non-intoxicating substance called cannabidiol, or CBD. It has been praised for its possible medicinal advantages, including as pain alleviation, reduced anxiety, and anti-inflammatory properties. The market for CBD products has subsequently expanded quickly in recent years. But what is the value of the UK CBD market?
A study by the Centre for Medical Cannabis estimates that the UK CBD business will be worth £300 million by 2020. By 2025, it is anticipated that this amount would reach $1 billion. According to the survey, 6 million additional people have at least once tried CBD, and there are roughly 1.3 million regular CBD users in the UK.
Due to its connection to cannabis, CBD remains a contentious substance in many nations despite its increasing popularity. As long as it has less than 0.2% of THC, the psychoactive ingredient in cannabis, CBD is acceptable in the UK. Additionally, CBD products must be labeled as food supplements and are not permitted to make any health claims.
CBD: Is it a drug? Since CBD does not provide a high or affect one’s state of mind, it is not technically regarded as a drug. Due to its connection to cannabis, it remains a restricted substance in certain nations.
Let’s now talk about if CBD helps reduce anxiety. Despite the paucity of available evidence, some studies have suggested that CBD may be able to lessen the symptoms of anxiety. In participants with sleep and anxiety issues, a 2019 study indicated that CBD was linked to a reduction in anxiety levels (The Permanente Journal, 2019). Finally, can you sell CBD on Facebook? More research is necessary to properly understand the possible advantages and hazards of CBD for anxiety. No, is the response. Even if they are permitted in your country, Facebook’s advertising regulations forbid the promotion of any CBD or cannabis-related items. As a result, you cannot advertise CBD goods on Facebook Marketplace or sell them there. However, you can still market and sell your goods via your own website or other social media networks that permit CBD advertising.
In conclusion, the UK CBD market is a quickly expanding sector of the economy, expected to be worth £300 million in 2020. Despite being legal in the UK, CBD is still a contentious drug in many other nations. Although CBD is not regarded as a medicine, more study is required to fully comprehend its potential medicinal advantages, including its potential to ease anxiety. Despite the fact that Facebook does not allow the sale of CBD, there are still alternative online marketing and sales channels available.