Top 3 reasons behind the record increase in CBD Sales after Covid-19

Post Reply
User avatar
abseedyofficial
Posts: 267
Joined: Mon Nov 30, 2020 3:12 pm
Location: London
Has thanked: 378 times
Been thanked: 591 times
Contact:
Status: Offline

Top 3 reasons behind the record increase in CBD Sales after Covid-19

Post by abseedyofficial »

COVID-19 has played a significant role in increased depression and anxiety among the masses around the world. Almost all the countries are affected in one way or another due to an increase in the virus spread. As a result, people are out of jobs and unemployed, and continuous lockdown creates a sense of insecurity about survival.

Moreover, the pandemic claimed millions and left several heartbreaking stories behind, whereas the third wave of viral infection is in progress, negatively influencing human brains. Cannabis product sales were dropped at the initial phase of COVID-19 because the medical scientists identified the hazards of smoking for the patients infected by the virus.

As a result, cannabis products were not consumed, but later a massive spike was witnessed when the first wave of the pandemic was over, and people were using the CBD products to kill the depression associated with the COVID-19. Though projected sales returns are not achieved, yet the sector has seen tremendous success in the context. The CBD products sold in the USA during 2019-2021 amounted to $4.2, $4.7, and $6.1 billion, respectively, which has shown some significant results regarding sales growth. Sales in many sectors dropped during the pandemic, but CBD products were getting momentum despite harsh ground realities.

Check out the full blog post here: https://www.abseedy.com/increase-in-cbd-sales/
These users thanked the author abseedyofficial for the post:
Guest (Sun Jun 06, 2021 10:53 am)
Image

Breeders Collective   Barney's Farm
Guest
Registered User
Posts: 7662
Joined: Thu Jan 16, 2020 11:14 pm
Has thanked: 7200 times
Been thanked: 3766 times
Status: Offline

Re: Top 3 reasons behind the record increase in CBD Sales after Covid-19

Post by Guest »

I think the black market and the legal/medicinal market changed over night with the pandemic. So this is ringing somehwat true reading through.

I even turned to CBD products myself when times had been in short supply.

When is the UK going to see the bigger potential in THC and full spectrum cannabis though?
These users thanked the author Guest for the post:
abseedyofficial (Fri Jul 23, 2021 10:41 am)
Treat people as if they were what they ought to be and you help them to become what they are capable of being.”

JOHANN WOLFGANG VON GOETHE

-----------------------------------------------------------------------------

"Insects and disease are the symptoms of a failing crop, not the cause of it. It's not the overpowering invader we must fear but the weakened condition of the victim."

William Albrecht

https://www.organacanna.co.uk/

Post Reply

Return to “A B Seedy”