CBD (cannabidiol) is one of over 100 different chemical compounds known as cannabinoids that are found in the cannabis plant. These cannabinoids interact with the body’s natural endocannabinoid system and cannabinoid receptors. Cannabinoids and the endocannabinoid system help modulate many physiological systems in the brain and body.
7 Benefits of Cannabis for Dogs
Numerous studies have shown CBD’s promise in the treatment of a wide range of conditions.
- CBD is non-psychoactive and doesn’t produce a “high” effect
- CBD oil for dogs is legal, safe and an effective all-natural remedy.
- CBD reduces anxiety and depression
- CBD helps manage pain
- CBD reduces inflammation
- CBD treats epilepsy and seizures
- CBD benefits heart health
According to Forbes, the CBD market is expected to reach $2.1 billion in sales by 2020, a 700% growth from 2017 . Estimates from other cannabis industry analysts are even more optimistic and see CBD sales reaching $3 billion by 2020.
Pet businesses can not afford to miss out on the sales potential and service upsells the rapidly growing cannabis category provides.
How Can Your Business Benefit From CBD?
CBD products offer businesses opportunity to increase revenue with added services and product offers.
Businesses that can increase revenue with CBD:
- Dog groomers
- Pet stores
- Pet daycare
- Dog walkers
- Dog trainers
- Online pet stores
- Grocery stores
- Convenience stores