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3 Major Trends in CBD in 2021
1. 1/17/2021 3 Major Trends Poised to Dominate the CBD Market in 2021
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CBD TRENDS IN 2021
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2. 1/17/2021 3 Major Trends Poised to Dominate the CBD Market in 2021
https://cannabis.net/blog/opinion/3-major-trends-poised-to-dominate-the-cbd-market-in-2021 3/14
3 Major Trends Poised to Dominate the CBD
Market in 2021
What are some of the new CBD trends in the market in 2021?
Posted by:
Joseph Billions , today at 12:00am
Three Major Trends Poised to Dominate the CBD Market in
2021
The past couple of years have been monumental to the growth and development of the CBD market. There has been a
dynamic surge of sales in the CBD and cannabis markets and this is due to the changing times. There is an obvious
growing acceptance of CBD and cannabis products as more legal markets are opening in di erent regions of the world.
3. 1/17/2021 3 Major Trends Poised to Dominate the CBD Market in 2021
https://cannabis.net/blog/opinion/3-major-trends-poised-to-dominate-the-cbd-market-in-2021 4/14
Members of the populace are also growing more knowledgeable about CBD and other cannabinoids which are pushing
inquiry into their products.
As we walk through 2021, there are some major trends that are poised to take over the CBD market. Read on as we
critically assess these trends.
A wide array of oddities and potent products
One of the major things that stands out this present time from others is knowledge. With more things being known
about CBD and invariably cannabis, there are expected to be changes in some respects. One of those areas is the type
of strains available. Due to the work don’t with hybrid strains, there are more potent strains of cannabis available now
than before. These potent strains are then repackaged into di erent product forms further improving diversity. The
product is a market lled with a wide array of potent products in di erent forms. This is a trend in the cannabis market
that is bound to continue with the turn of the year as more products are making their way into the market.
Another added advantage growing side by side with the wide array of potent products is the growing presence of
oddities in the CBD markets. The CBD market has seen di erent innovations both in terms of products and other
oddities. CBD activewear and CBD facials are top among the list of oddities. 2021 is expected to see the growth of
products such as CBD-infused beverages and multivitamins infused with CBD in the market. The presence of these
products further means that the FG will have more work to do to ensure regulations. However, provided these products
are not giving misleading information to the public and the products avoid minors, they should be ne.
Increase in CBD medical products
The year 2021 holds much promise for the world of medical research into CBD. This is because early research results
and evidence of the medical bene ts of CBD are compelling. This is the major cause of the surge in sales of CBD
products such as vape pens, tinctures, oils, and topical creams. This trend is expected to continue and fully dominate
the CBD market. The issues of measured doses for CBD products are still being worked out and the year 2021 is seen as
a year for headway. This will provide the CBD market with an opportunity to make a reasonable breakthrough in terms
of medical products of CBD.
4. 1/17/2021 3 Major Trends Poised to Dominate the CBD Market in 2021
https://cannabis.net/blog/opinion/3-major-trends-poised-to-dominate-the-cbd-market-in-2021 5/14
Researches are ongoing into exploring the full extent of the neuroprotective activity of CBD. The early results of the
research are already giving much more for optimism. The early results are driving the research forward as a world of
good can be done with the neuroprotective activity of CBD. The legalization of a CBD drug called Epidiolex by the FDA
for two rare forms of seizures in kids also gives room for hope.
Alzheimer’s disease remains an aspect of CBD medical research that will also improve in 2021. A study in 2017 showed
the e cacy of CBD in dealing with brain in ammation which increases Alzheimer’s. More studies are going into possible
CBD therapies or CBD and THC combinations. Dose-dependent investigations are ongoing with mouse models to know
just how e ective CBD can be in dealing with Alzheimer’s. With the presence of technological advancements to propel
these studies the chance of better results in 2021 are higher. This will help to improve the popularity and use of CBD
medical products beyond the ailments they are already being used for.
Consolidation and verticalization of the market
New emerging markets are characterized by fragmentation and decentralization. Competitors in the market do their
best to make the most of what is available in the market. They adopt di erent business models, researches, and add
product di erences to have an edge in the market. Despite how appealing it appears, large markets do not continue
that way for long.
The next step in such markets is that top rms begin to make moves to consolidate the industry. This move will seek to
give the industry shape and favor the companies with vertically integrated business models. Growpacker is an example
of such a rm as it helps to quickly transform ideas into products on dispensary shelves with ease. This allows for more
unique products to be created and made available. It helps to give the industry structure and shape.
Consolidation of the market is also expected to allow for full incorporation of delivery services and digital payment
platforms. This is sure to be needed seeing as e-commerce brands and drop shipping services are on the rise.
Consolidation of the market also helps to smooth relations with the FG. With a consolidated market, the government
can easily monitor the industry. It also provides them with the opportunity to get rid of the irregular components
industry. They easily remove elements that propel false advertising and promotional products that target minors.
5. 1/17/2021 3 Major Trends Poised to Dominate the CBD Market in 2021
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With a consolidated and vertically integrated market, the supply chains are well monitored. This helps to ensure that
unveri ed suppliers are taken out of the equation. It also helps to reduce fragmentation and ensures a centralized
market promotes the growth of the industry. These moves are expected to dominate the CBD market in 2021.
Bottom line
The year 2021 is bound to be a very monumental year for CBD and cannabis market. The development of these three
trends will set the pace for making the year very monumental. It will set in motion necessary moves towards the growth
and development of the industry. The CBD mania has gradually grown from a mere craze into a full-blown industry.
CBD TRENDS AND CONSUMER PREFERENCES, READ MORE..
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