Skip to main content


Cannabis is a genus of flowering plant in the family Cannabaceae. The number of species within the genus is disputed. Three species may be recognized: Cannabis sativa, Cannabis indica, and Cannabis ruderalis Medical cannabis (or medical marijuana) refers to the use of cannabis and its constituent cannabinoids, to treat disease or improve symptoms. Cannabis is used to reduce nausea and vomiting during chemotherapy, to improve appetite in people with HIV/AIDS, and to treat chronic pain and muscle spasms. 

Cannabidiol (CBD) is a metabolite of Cannabis sativa. It has relaxing, anticonvulsant, antidistonic, antioxidant, anti-inflammatory effects, promotes sleep and is relaxing against anxiety and panic. It has also been shown to reduce intraocular pressure and is a promising atypical antipsychotic.

CBD Market: Growth

The CBD market has seen significant growth due to increasing consumer interest in natural health and wellness alternatives. CBD, a compound derived from the cannabis plant, offers potential therapeutic benefits without the psychoactive effects. With changing regulations and growing scientific research supporting its efficacy, the market has expanded rapidly. CBD products range from oils to topicals, catering to various consumer preferences. Quality and safety standards, including third-party lab testing, are prioritized. The market continues to attract investments, leading to innovation and new product developments. As consumer awareness grows and regulatory frameworks evolve, the CBD market is expected to continue expanding into new sectors and demographics.