Best CBD Wholesale Company in Colorado
For people in the business of CBD wholesale Colorado (and beyond), things are heating up. While The Centennial State legalized recreational cannabis in 2012, hemp is still extremely popular. This is probably due to a number of factors, including its lack of psychoactivity, wider availability, and relatively lower price in many situations. Colorado has seen an uptick in hemp cultivation and production throughout the state as well as a boom in wholesale CBD sales. But what is hemp and how did it become so prevalent in the wellness community? This article will help you learn more.
The History of CBD Wholesale Colorado
Hemp is a variety of cannabis, which has origins dating back tens of thousands of years in Central Asia. It has always been extremely versatile, being used medicinally, in religious ceremonies, and in industrial ways throughout history. It can be made into rope, clothing, paper, and several other finished goods. Hemp enjoyed a prominent place in society until about the 1930s when government officials decried its use, starting a “reefer madness” that quickly took hold.
Fast forward to the 2000s, when medical marijuana and adult-use cannabis legalization efforts ramped up. As mentioned above, Colorado was among the first states to fully approve THC for those 21 and over but it still remains illegal on the federal level. Hemp on the other hand was made legal in all 50 states in 2018 with the signing of the Farm Bill. At this point, more people began to wonder about what the plant could do for them. CBD, short for cannabidiol, became a focal point, and CBD wholesale in Colorado began to take off.
ABCs of Colorado CBD Wholesale
CBD is an interesting and powerful compound, receiving attention for its long list of potential benefits. It is in everything from meal-replacement shakes to skincare products to mattresses. CBD is being explored as an alternative to many traditional prescriptions but only has one FDA-approval for anti-seizure medication. The molecules enter the bloodstream via the endocannabinoid system’s CB1 and CB2 receptors throughout the body.
Cannabidiol is one of the hundreds of cannabinoids but is arguably one of the most popular. Other “lesser-known” cannabinoids starting to make waves include CBG, THC-V, CBN, CBC, and THC-A. As research into the cannabis plant continues, more cannabinoids will surely be identified.
Wholesale CBD Hand Sanitizer – The Next Wave in Products
When the COVID-19 pandemic struck the nation, implements to reduce the transmission of the virus became critical. This includes bulk hand sanitizer, which was declared in 2002 to be an effective alternative when washing hands with warm water and soap are not possible. Wholesale CBD companies who process hemp extracts typically have the necessary components to create hand sanitizer and have opted to jump into action. CBD wholesale hand sanitizer hit the market quickly and with much celebration as it increased access to important tools on the front lines to defeat coronavirus.
Business Opportunities in Wholesale CBD Colorado
Entrepreneurs looking to get in on the green rush have plenty of options depending on their interests and capabilities. In addition to cultivation and processing, retail opportunities are also popular. For those looking to build a brand, white-label CBD services are a great start as it allows them to focus on the business versus the production headaches. Private label CBD is different in that the company’s unique formulation is used, which can be proprietary. Wholesale CBD dropshipping is a wonderful option particularly for e-commerce businesses as it reduces the amount of inventory needing to be stored and gets orders to customers in a quick and efficient manner.
Wholesale CBD Colorado has a lot of promise, with people ready to start seeing results – both economically and physically. With billions of dollars on the line, there is plenty to go around. By making the right business decisions and savvy planning, success will certainly be on the horizon.