Some of the largest CBD companies in the USA are only growing bigger! Keep reading to learn more about the fastest-growing CBD companies in America.
Fastest Growing CBD Companies
Following industrial hemp farming legalization in 2018, CBD product sales have exploded.
One cannabis market research firm predicts the CBD market will grow to $22 billion by 2023. With this being the case, we expect to see increases in CBD marketing, too.
This massive growth is being driven by increased awareness of CBD’s potential therapeutic properties, as well as anecdotal evidence highlighting the possibility of providing natural relief from pain, anxiety, and other common ailments without the psychoactive effects of THC.
CBD companies are springing up all over the country to meet this growing demand, and some are already making a big impact.
Here are 5 of the largest CBD companies in the USA:
Charlotte’s Web in Boulder, Colorado
Charlotte’s Web was founded in 2011 by seven brothers who wanted to help others worldwide cope with their stress.
The name of the company reflects its mission. It’s named for Charlotte Figi, a young girl with epilepsy that is a rare type.
Her condition and the seizures that accompany it do not respond to medications, but she did respond to CBD from a strain of marijuana developed by the brothers especially for her.
Charlotte’s Web’s most current line of products are CBDMedic and CBD Clinic, developed by Abacus Health Products. They combine CBD along with various other medical ingredients to be used in both non-prescription as well as prescription-only use.
The company also collaborates with philanthropic groups throughout the State of Colorado and across the nation. This includes Denver Urban Gardens, Children’s Hospital Colorado, Adaptive Training Foundation, and Women’s Bean Project.
Medterra in Irvine, California
Medterra was founded in 2017 and only offers products with no THC, unlike some businesses that sell products with THC less than the legal limit.
The company procures all the hemp it uses from a Kentucky farm and guarantees that its hemp extracts are tested in third-party labs to guarantee that the quality is safe and secure.
Medterra offers oils, supplements, gummies, topicals, and pet care products that help improve customers’ overall health and tackle specific issues like pain, difficulty sleeping, or fatigue.
Gaia Herbs in Brevard, North Carolina
The oldest business on this list, Gaia Herbs, was founded in 1987 in North Carolina’s Blue Ridge Mountains.
In addition to the hemp and CBD line, the business offers a range of products made from various spices and herbs. They include black elderberry maca, turmeric, and acacia, among others.
The hemp-based products of the company are available with capsules and liquid extracts. Some have additional herbal ingredients that aid in easing particular health issues.
Pure Hemp Botanicals in Denver, Colorado
PureHemp Botanicals’ slogan is “Compassion in Action.” In light of this, PureHemp Botanicals’ goal is to “produce sustainable, plant-based, vegan, and cruelty-free products.”
The company sells pet-related products, body products, teas, mints, and even mints to boost the immune system, encourage peaceful sleep, and provide pain relief to customers.
Alongside its own items, Pure Hemp Botanicals offers subscription plans for softness and tinctures based on the potency of CBD customers’ requirements and preferences.
Pure Hemp Botanicals also donates part of the profits to various charitable organizations.
cbdMD in Charlotte, North Carolina
Established 2015, cbdMD was established in 2015 and offers CBD Gummies, tinctures, bath bombs, topical solutions oil, and pet products.
The company also has partnered with numerous pro and amateur sportsmen to spread the word about the concept of cbdMD. These include Bubba Watson, Daniel Cormier, Chael Sonnen, Jamie O’Brien, and Leah Pruett.
Closing on The Largest CBD Companies in the USA
The five largest CBD companies in the USA all have one common goal: to help their customers live happier, healthier lives. Whether through products that include hemp and CBD or just CBD alone, these businesses are committed to providing relief from various health conditions and improving overall wellness.
As the industry continues to grow, we can expect even more innovative products and services from these companies. These companies are at the forefront of the CBD industry and continue to grow as it does.
With their commitment to helping customers live better lives, it’s no wonder they’re at the top of the list of the largest CBD companies in the USA.