By 2022, the Cannabidiol (CBD) market is expected to be valued at over $2.5 billion, this is spectacular. For a product that is manufactured from raw materials (Hemp and Marijuana) that were formerly illegal to own, you can say this industry is a surefire profitable investment.
If you have not piped into the immerse profit that lies in this market then you should do that. Selling CBD is very profitable, though there are a few things that you need to note.
Some online stores don’t allow the sales of this product. Amazon, for example, doesn’t allow the sale of CBD products.
Can you sell CBD on eBay? You can’t sell CBD on eBay, it is against Ebay’s policy. Although, searching for CBD on eBay will present you with several search results, but they are all sellers violating Ebay’s policy. eBay takes down such accounts as soon as they discover it.
There are several other options for selling CBD products online. Since you are not allowed to sell on eBay due to their policy, it is good you consider these other options.
How Can You Sell CBD Products Online Aside From eBay?
Considering that some of the biggest online stores have policies that don’t support the sales of CBD products, finding the best way to tap into this market may be a challenge.
The online market place is by far the largest and easiest way to reach out to your potential customers. With the increasing awareness of the health benefits of CBD products, more people are trying out the products daily.
The one-stop point for most of these customers is to search online. If you can position yourself properly, this market will keep turning profits in for you.
How can you sell CBD products online? The best way to sell CBD online is to build your online store. Building your online store allows you to customize the store just the way you want it.
You’re not restricted to the monotonous selling interface that some of these online market places have to offer. You also don’t have to share the profit or pay a particular amount of money regularly.
Running your online store will require some extra attention from you though. You will need to find ways to drive traffic to your sites. Google or social media ads will be of great help here.
You will also need to pay whoever is building the site for you, or you will need to purchase a good store template. Don’t go for the free versions, they are usually not standard. If you are low on budget, you can decide to start with the free ones.
Once you have the store up and running, you are good to go. There are some great tools for eCommerce stores out there. These tools can help you optimize your website, ensure that you’re getting visitors daily, and making good sales.
One other thing you need to know is the law of your state concerning the sales and purchase of CBD products.
What Does The Law Say About Selling CBD Products?
In recent times, the health sector, researchers and legislators have come to terms with the fact that CBD is highly beneficial to human health. For this reason, several states are gradually passing out policies that allow citizens to sell or own this product.
These regulations, however, have some clauses that differ from one state to another. Therefore, if you will be selling or buying this product, you need to know what your state’s law says about it.
There are often regulations as to the quantity of CBD products that an individual can purchase or own at a given time. It is also important that you are getting your CBD from the right source.
When choosing a supplier, you should make inquiries about the process of manufacturing. The legally acceptable CBD products need to contain less than 0.3% THC, this percentage of THC content doesn’t affect the brain.
You also need to ensure that the CBD oil is processed from the plant and not the seeds.
Also, you will need to get a license from the required regulatory body in your state before you start selling the product.
Two(2) Major Health Benefits Of CBD You Should Know
1. It Can Relieve Pain
The use of marijuana as a pain reliever can be traced as far back as 2900 BC. Scientists have now discovered that there are certain components contained in marijuana which makes it an effective therapy for pain. One is this major component is CBD.
The endocannabinoid system (ECS) in the human body regulates functions such as appetite, sleep, pain, and immune system response. Your body system produces endocannabinoids.
They are neurotransmitters that bind to the cannabinoid receptor in the nervous system. Research has therefore shown that CBD can impact the endocannabinoid receptor to reduce chronic pain.
A good number of human studies have discovered that a balanced combination of THC and CBD is a highly effective therapy for pain related to rheumatoid arthritis and multiple sclerosis.
2. It Could Reduce Anxiety and Depression
Depression and anxiety are mental disorders. They can have a serious effect on well-being and health. If not treated early enough, they often cause the victim to commit suicide.
The World Health Organization (WHO) ranked depression as the major contributor to disability, and coming up in the 6th position is anxiety.
Usually, depression and anxiety have been treated with pharmaceutical drugs, but this therapy comes with a lot of negative side effects on the patient.
The side effects include agitation, drowsiness, headache, insomnia, and sexual dysfunction. Medications such as benzodiazepines, if not properly checked, can be addictive and hence result in substance abuse.
CBD oil has proven to be a very effective therapy for both anxiety and depression. As a result, many who live with these disorders are now interested in this natural remedy.
CBD oil has also been used to treat anxiety and insomnia in children with post-traumatic stress disorder.