Hemp has been popular for thousands of years, so why does it feel like you’ve only started hearing about the benefits of hemp seed and CBD in recent years?
Our vegan readers know how hard it can be to get all your amino acids. While some plant-based proteins, like seitan, have just as much protein like steak, they lack some of the most vital amino acids.
It’s like eating a sandwich where all the fillings fall out on your lap when you try to take a bite.
Incomplete proteins will still leave you deficient of important nutrients.
WHO and TCM
The world health organization (WHO) now officially recognizes traditional Chinese Medicine (TCM) as a legitimate means of healthcare.
A big reason for this is China’s push for TCM practitioners to be seen as physicians. TCM in China is taken seriously. It’s not like your crazy aunt Karen practicing naturopathy down the street.
China has over 4,000 TCM hospitals and ten times as many TCM clinics. TCM accounts for close to a third of all pharmaceutical sales in China.
Chinese TCM practitioner, Tu Youyou, was selected by her government in 1967 to help find a cure for malaria.
The moist heat of Vietnamese jungles held a weapon much more deadly and discreet than a machine gun.
Mosquitos filled the air like a plague. Soldiers were dropping left in right, writhing in agony from a slow and painful malaria-induced death.
China needed a cure for malaria and it needed it yesterday. For six long months, Youyou and her team read through thousands of ancient Chinese texts.
Somewhere within these pages, they knew there was a treatment for malaria. After hours of scouring through delicate parchment, the crew found what they were looking for.
Sweet wormwood was used around 400 A.D. to relieve the symptoms of malaria. Youyou took a brave initiative that would cement her place in Chinese medical history forever.
She volunteered to be the first human patient for their new drug. They were able to isolate artemisinin, the compound found in sweet wormwood responsible for treating malaria.
The drug had been tested on mice and monkeys, so it’s not like Youyou was taking a blind leap of faith. She had been working on this for the better half of the year and felt a responsibility as the team leader.
Youyou helped to put TCM back on the minds of modern Chinese people who were beginning to adopt western medicinal practices.
Global Interest in TCM
Chinese youth are proving to be the hardest for TCM to win over. But an unexpected source is just as committed to keeping the traditions of TCM alive as much as China.
Australian doctors are taking to TCM as a bear goes after salmon. The country has over 5,000 TCM clinics and some Australian universities even offer TCM as a field of study.
Students spend a year in China to incorporate as much of the traditional practices as possible.
International Interest in CBD
“We’re witnessing CBD maturing from a cannabis sub-category into a full-blown industry of its own,” explains Roy Bingham, CEO of BDS Analytics, “Our growth forecast for the CBD market, across all distribution channels, predicts a compound annual growth rate of 49 percent by 2024.”
Bingham sees the future of CBD sales moving to mainstream retailers rather than medical cannabis dispensaries.
But why has global interest in CBD exploded in the past few years? Bingham cites a couple of reasons why CBD has stopped living in THC’s shadow.
As you’ve read in detail throughout this series, cannabis and human history are intertwined. This isn’t some new super drug formulated in a high tech lab that we have no idea what the possible long-term effects could be.
Throughout history, there is both scientific and anecdotal evidence proving cannabis as a treatment for many diseases.
On top of already being familiar to most people, cannabis is one of the few natural remedies that modern science also agrees has many health benefits.
Why There’s so Much Room to Grow
The same analytical company found that an astonishing 56% of adults over 21 did not know the difference between THC and CBD.
The CBD industry already has billions in revenue and only a small percentage of potential customers are even aware it exists.
With sales just shy of $2 billion in 2018, analysts have no doubt CBD sales could push past $20 billion by the year 2024.
That’s a 49% growth rate every year.
But is that growth rate really sustainable or is CBD another financial bubble waiting to burst, like the dot com bust at the turn of the century?
Not quite. Unlike other economic bubbles, CBD has strong sales records to back up these projections.
The dot com bubble happened because the excitement of any business suddenly having a global audience was tempting to investors.
Millions were poured into businesses that hadn’t proven their business model.
CBD sales, on the other hand, are rising faster than the overall sales at cannabis dispensaries.
What does that mean?
It means the growth rate of CBD is racing ahead at a more rapid pace than other forms of cannabis.
That means more profit for businesses and investors that get in now before the market is saturated.
“How Can I Start My CBD Business?”
Unfortunately, regulations can’t keep up with CBD’s booming popularity.
A study done by the University of Virginia Commonwealth found some of the most popular CBD supplements contained unlisted ingredients.
These ingredients included DXM, a drug common in cough syrup. Customers are becoming victims of a bait and switch model used by some of the most widely available CBD supplements.
It’s not surprising since many of these brands are sourcing their raw materials from any farmers that have enough inventory.
These companies are promising organic, all natural products even though they have no idea how the raw materials were produced.
The whole reason cannabis and CBD have become so popular is that they are supposed to have little to no side effects. Adding unlisted pharmaceuticals to CBD products is both counterproductive and harmful.
So how do you fight this? Organizing a supply chain for a new CBD brand can take hundreds of thousands of dollars, on top of years of building relationships with farmers. How is a new CBD brand supposed to compete with the big guys?
By partnering with a CBD manufacturer that only uses plants they’ve grown on their own farms.
Sounds like the perfect solution, right? It must be too good to be true.
But it’s not. Spring Creek Labs is an entirely vertically integrated CBD manufacturer. From farm to lab, raw materials don’t switch hands until the final product is ready to be shipped.
They’ve invested millions in their equipment and properties so you don’t have to. You can come out of the gates swinging as if you have Jeff Bezos as your angel investor.
So email Spring Creek Labs now for a free quote. Don’t wait for the growth of the CBD industry to plateau. Get in now and ride it to the top.