8 Reasons Why Investing In CBD Oil Will Make You Rich

investing In CBD Oil

Investing in CBD oil has enjoyed increased popularity over the last few years.

This is partly due to the sudden relaxation of regulations, thus making this product accessible to the average US consumer and removing its specialty status. 

Over the last few years, this has led to a significant uptick in the number of people viewing CBD oil as an investment opportunity.

Many have seen a great return on their investment with steady growth as the market continues to expand. 

This article explains why now is the perfect time to invest in CBD oil if you want to become rich.

First, however, you need to understand exactly how investing in CBD oil works. 

 

How To Invest In CBD Oil

investing In CBD Oi

Before you place your money in any CBD oil investment, you need to make sure that you have adequately researched relevant brokers. 

Although there are some investments you can make without a broker, finding someone you can trust who is knowledgeable in all things CBD oil is absolutely essential because the market is relatively new and quite complex. 

Having someone who can guide you through the process will help you make wiser decisions and reduce the chances that you will lose on your investment.

Once you have found someone you can trust, you then need to decide by what method you will enact your investment in CBD oil; there are a few different ways of doing this.

Perhaps the easiest and most common way of investing in CBD oil is to invest in an oil distributor. This method is popular because it doesn’t require you to have a license to sell CBD products.

Alternatively, you could invest in a retail store for CBD oil, either by starting your own or by investing in shares of one that already exists.

It’s worth noting that the latter option is limited because there are very few CBD oil retailers at the moment. However, this is set to change as legislation controlling CBD products continues to become more lenient. 

Why Investing In CBD Oil Will Make You Rich

Most CBD Oil Is Legal In All 50 States

investing In CBD Oil

 

The most common kind of CBD oil, and the kind in which you will likely invest, is derived from hemp plants. 

Provided the CBD oil in which you are investing contains less than 0.3% THC, the psychoactive cannabinoid that results in the ‘high’ people commonly associate with cannabis, it’s perfectly legal to use.

This change was made at the end of 2018, when Donald Trump signed the Agriculture Improvement Act of 2018, otherwise known as the Farm Bill, into law. 

Although some states in the US had already legalized CBD oil along with other types of cannabis products approved for medical and recreational use, this new legislation makes these rules universal.

This means that more people will have access to CBD oil, whether that be for consumption or to sell to others through their own business. 

Basically, you could become rich selling CBD oil because demand for the product drives profits and increases market value exponentially.

 

Consumer Sales Are Increasing 

investing In CBD Oil

Among the most important trends to look at when investing in something are the common trends, one of which is consumer behavior.

If something isn’t continuing to gain traction or is beginning to dip in popularity, it’s probably a warning that you should consider investing in something else.

This drop isn’t something you need to worry about when it comes to investing in CBD oil, however, because consumer behavior patterns are driving steadily increasing sales. 

In 2014, even though very few states had legalized CBD, there were still 108.1 million CBD sales. 

By the end of 2018, when 7% of Americans admitted to using it, sales had increased to 358.4 million.

Due to many contributing factors, these numbers are expected to grow even further, with predictions of 813.2 million sales of CBD by the end of 2019. 

Although the above statistics show consumer tactics for CBD products across the board, CBD oil is a very popular product that will significantly contribute to the increasing total number of sales in this area, especially with the legalization of hemp CBD oil last year. 

As these numbers continue to increase, so will the number of people wanting to invest in it. 

Stock prices will likely increase, giving you an option to sell an investment you made in the CBD oil market today at a vastly inflated price in a few years time.

 

High Quality CBD Oil Is Becoming More Popular 

investing In CBD Oil

The changing public opinion and increased openness when it comes to discussing and researching CBD oil means more people are educating themselves about the benefits of this product.

They are also beginning to understand the different types of oil available on the market, leaving them better able to identify and choose the best option for their position. 

Those with a better understanding of what is available are turning to the more expensive, higher quality products in an attempt to reap as many positive outcomes as possible from their experience.

You might not think this has anything to do with your investment, but the reality is that many distributors will make more profit from the higher quality CBD oil.

In turn, this makes your investment worth more money, providing you with a greater ROI in the short term and a greater sale price when or if you choose to sell.

 

People From All Generations Are Using CBD Oil

investing In CBD Oil

One thing you absolutely cannot do when planning to invest in CBD oil is carry prejudices into your decision.

One common belief is that CBD oil is reserved for the younger generation, primarily millennials, and that you have to hold certain beliefs about natural medicine to use it.

The reality, however, is that those who use CBD oil come from all walks of life, and are of all different ages.

One study investigating CBD oil use in older adults who were at least 54 years of age found that 9% of them regularly used CBD oil. This is higher than the national average. 

We’re telling you this to help you realize that investing in CBD oil isn’t a short term proposition. 

Although much of this article is about sales potential, investing in CBD oil can still make you rich even if you don’t want to sell your shares. 

This is because the market will grow over time, and as more legislation is put forward in support of CBD oil, the overall number of people turning to it will increase.

 

More Industries Are Expanding To Include CBD Oil Products

investing In CBD Oil

For some time, the only people incorporating CBD oil in their businesses were specialist dispensaries or marijuana shops in states where sales were legal.

It is not a shock to know that many people are investing in CBD oil production companies, especially when these companies have a proven investment return, but there are also more opportunities for this product popping up in other industries. These trends are also worth your attention. 

The latest industry to include CBD oil is cosmetics, with flagship brand Sephora recently launching their own range of CBD-infused skincare products, available in store. 

Another industry that has seen a stop-and-start shift into the CBD oil market is food and drink.

Strict regulations put in place by the Food and Drug Administration (FDA)–which still views CBD oil as a drug and therefore something that cannot be consumed–have caused several difficulties for this field. 

As a result of said regulations, anyone wanting to sell CBD oil infused food or drink must get approval from federal, state and (sometimes) local governing bodies before they can sell it to customers.

For this reason, many people have given up trying to gain approval, but some people have at least managed to acquire permission to add CBD oil to coffees and protein shakes

Other industries are doing similar experiments with CBD oil at the moment, and by keeping an eye on them you can jump into the investment pool of specific companies before they become oversaturated.

This gives you more time to build the worth of your shares and could mean someone pays much more for them a few years down the line. 

It is likely you will also continue earning on your investment, which will steadily increase as your chosen investment industry becomes more established in the CBD oil market.

 

New Discoveries About The Health Benefits Of CBD Oil Are Made Everyday

investing In CBD Oil

One of the main reasons people have started using CBD oil over the last few years is simply due to the vast health benefits it possesses. 

Oddly, it has taken a long time for the FDA and the pharmaceutical industry as a whole to pay attention to these numerous claims.

To date, the FDA has only approved one medicine made from CBD oil.

This medication, Epidiolex, is used to treat seizures associated with two rare and severe forms of epilepsy that begin in childhood and usually persist to adulthood. 

Approved in June 2018, it is predicted that this medication will cost $32,500 per patient per year.

This news might not interest you, but it is relevant because it changes the game for other pharmaceutical companies who want to do the same thing.

There are already a number of studies underway examining how CBD oil can potentially help people with other health ailments.

Considering how much Epidiolex costs, now is the perfect time to invest in the pharmaceutical companies using CBD oil in studies, because it could leave you with great payouts in future.

Of course, investing in this way doesn’t come without risk, but that risk is quite worth what you could potentially gain.

 

Market Estimations Continue To Rise

investing In CBD Oil

The CBD oil market has taken a long while to fully establish itself, but with changes to legislation in recent years, this product is beginning to experience some real growth. 

This is largely due to the number of industries investing in CBD oil, as mentioned above, and increased consumer demand.

Although this is a good situation, it can certainly make difficulties for people trying to predict just how big the CBD market will be in years to come.

Earlier this year, for example, Cowen & Co. predicted that the CBD market would be worth $16 billion by 2025. 

Shortly afterwards, BDS analytics said the figure could be much higher, and predicted that the collective market for CBD sales would exceed $20 billion in the United States by 2024. 

Though this is a more generalized account of the CBD market as a whole, CBD oil is one of the most popular vehicles for ingesting the cannabinoid, especially for older generations. 

This means that, whichever way you look at it, this is an investment worth making as soon as possible if you want to reap maximum rewards.

 

Return On Investments (ROIs) In CBD Oil Markets Are Growing

investing In CBD Oil

When looking at how CBD oil use has already grown, it is easy to see that it won’t be long before its use becomes mainstream and investing in CBD oil will become far more expensive.

By taking advantage of the time left before that happens, however, and by investing while shares in CBD oil companies are still relatively cheap, your ROI will be extremely high.

This will be good news four or five years down the line, regardless of whether you plan to hold onto your investment or sell it to the highest bidder.

 

Summary

Right now is the perfect time to invest in CBD oil if you want to become rich, or make a significant return on your investment. 

One of the main reasons for this is that the CBD market as a whole has become more established than in previous years and, with so many industries trying to crossover, your options for investment are virtually limitless. 

It is important to remember that consumer behavior is also an extremely important part of making smart investments, so be sure to do your research regarding specific businesses or retail outlets before making a potentially costly mistake.

If you have taken necessary measures to protect yourself from making mistakes, however, CBD oil is one of the best investments you can make right now, so it’s worth doing now if you have been thinking about it. 

Marina Turea

Marina has been calling Chicago home since 2007. She's a world traveler and an avid reader.

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