Due to legalization, cannabis sales and consumption are going through the roof with at least half of the people not using cannabis for the traditional “high”. Many people are actually looking for and using the benefits of CBD (cannabidiol). CBD is a non-psychoactive compound derived from hemp, that has an endless amount of benefits. CBD is anti-inflammatory, antianxiety and antidepressant. The list goes on for benefits, all with no negative side effects. CBD goes into your endocannabinoid system and brings homeostasis to it, which means that whatever your body specifically needs, the CBD will help with and bring balance. Tailored for specific needs, products are available in several different forms such as oils/tinctures, creams/lotions, capsules/pills, edibles and vaping. Products are accessible to consumers all over the US; and while consumers are reaping the benefits, companies are constantly entering the market to get in all the action.
The 2018 Farm Bill has legalized CBD hemp at a federal level and this brand-new industry is booming. Accounting for retail markets, dispensaries and pharmaceuticals; CBD hemp sales in the United States are expected to exceed $20 billion by 2022. BDS Analytics also predicts a compound annual growth rate of 49% by 2023 across all distribution channels. The internet is the leader of these distribution channels acquiring 60% of the market. It is evident that the e-commerce business is booming, resulting in an increase of wholesale orders and retailers stocking their shelves with CBD products.
LEAFPON® CBD Services
Leafpon serves as one of the largest CBD brokers in the cannabis industry. Our brokerage services provide an easy to use B2B marketplace connecting buyers and sellers for all CBD hemp products nationwide. Leafpon acts as a liaison between buyers and sellers, reducing time, operating costs and overhead expenses. For a small commission percentage,
licensed agents provide assistance by ensuring a secure network of payment, streamlining the buying process between buyer and seller. We offer payment methods such as Escrow, COD and Credit Card to protect and secure these transactions. Here at Leafpon, we take our clients security very seriously by working with a variety of law firms to make sure transactions are thorough and completed with professionalism. Committed to help businesses reach their full potential, Leafpon aims to revolutionize the CBD industry offering a user friendly platform focused on efficiency.