In case you hadn’t noticed, CBD is a big business. The cannabidiol market is already worth $4.6 billion but it’s expected to grow at an annual rate of 22.2% until at least 2025. The industry is really only just taking off and you can expect rapid growth over the coming years. Top financial experts are describing this as one of the safest investments you can make.
Still not sold? Here are a few more reasons why to invest in CBD today.
1. A Resurging Market
The marijuana market struggled in the two years since its 2018 peak, with stock prices falling. However, since March 2020, prices have skyrocketed. The market grew by 157%, which is more than any comparable industry. If there was ever a time to invest in CBD, then that time is now, while the market is resurging.
This is a good sign since it means that this is an industry capable of rebounding quickly. Even if you do see stock prices fall a little, you can be confident in this market’s ability to bounce back. There’s always a demand for CBD, making it one of the safer investments.
2. A Diverse and Versatile Investment
When you invest in CBD, you’re not only investing in oil and capsules. This substance is already infused into so many other products and it has the potential to penetrate even more markets. Big businesses are increasingly seeing the health benefits of CBD and therefore want to try and get it into their products and onto the shelves.
There’s CBD in coffee, shampoo, face masks, crisps, hand sanitizer, and even sex lubricants! There really is no end to the number of uses for this incredible and versatile chemical. It’s this very versatility that makes it such an investable product. You’re able to spread your money out knowing that even if the shampoo market collapses, CBD will survive within the coffee market!
3. A Young, Up and Coming Customer Base
When considering what to invest in, it’s important to decide whether a product is future-proof. You can do this by looking at the kinds of people who use it and whether they’re likely to continue doing so in the years to come. If they are, then you know you’re investing in a market that is only going to grow.
CBD is quite well spread across all age groups but it’s most popular among the young. 40% of users are in their 20s. This is interesting because that means that the user base still has many years left as consumers. Even more interestingly, CBD is a treatment for chronic pain which tends to get worse with age. So if a 21-year-old is already using the chemical compound, they’re only going to want to use it more and more as they reach middle and old age!
Nothing in the world of investments is guaranteed but the continued growth of the CBD market is a pretty sure bet. As more people become aware of its uses and benefits, this upward trend will only continue.
Learn about the benefits of CBD oil for yourself at Cibdol.com.