Latest CBD Facts and Stats 2020

Latest CBD Facts and Stats 2020

Since it has been established that Cannabidiol (CBD) is no more a ‘nuclear bomb’, there are people still around who don’t have adequate knowledge about CBD, both, who use it and who doesn’t. There are around 80 chemicals known as cannabidiol, that are found in Cannabis Sativa, also called Marijuana or Hemp. CBD affects the brain in a certain way and the cause for it is unclear. It stops the breakdown of a chemical in the brain that affects mood, pain, and mental function. The international cannabidiol market was assessed at USD 4.6 billion in 2018. CBD is being sold online and companies are working very hard to provide the best to the customers. There is a cut-throat competition in this market just like any other. Statistics and Demographics   The percent of CBD consumed by an average user is 28% on a daily basis for which the reasons could differ from person to person.   Percentage of people from different age groups and their consumption 56%- Millenials 32%- Gen X 15%- Boomers 48%- Men 49%- Graduated students %age of people from different age groups and their consumption   Reasons for Usage by different age groups 1. Millenials –  Anxiety- 31% –  General Wellness- 30% 2. Gen X   –  Joint Pain- 31% –  Muscle Pain- 23% 3. Boomers –  –  Joint Pain- 36% – Muscle Pain- 23%                          Reasons for Usage by different age groups In 80% of cases,…

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Source : Cannabis Radar
Link to original : Latest CBD Facts and Stats 2020
reposted by Cannabis News World

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