The use of CBD products has become increasingly popular in recent years. There are now many companies producing high-quality CBD products, ranging from oils to edibles. With so many options available, it can be hard to know which companies are the best and most reliable. That’s why we’ve put together this guide to the top CBD companies of 2021. We’ll take a look at the best companies, their products, and pricing, so you can make an informed decision about which company to buy from. We’ll also discuss the potential health benefits of using CBD, so you can make sure you’re getting the most out of your CBD product.
How can customers verify that a CBD company is trustworthy?
Customers can verify that a CBD company is trustworthy by looking into the company’s reputation and researching their products. They should also check to see if the company is compliant with the laws in their state. Additionally, customers should read online reviews and ask questions about the company’s quality control processes.
What are the regulations surrounding the sale of CBD products?
CBD companies must comply with federal, state, and local laws and regulations when selling CBD products. This includes obtaining the necessary licenses, abiding by labeling and advertising requirements, and adhering to safety standards. Companies must also ensure that their products are tested by a third-party laboratory to guarantee that they contain the correct amount of CBD, as well as no THC or other contaminants.
How do CBD companies ensure their products are of a high quality?
CBD companies strive to ensure that their products are of a high quality by using a variety of methods. They generally test their products for contaminants and potency, and use third-party labs for independent verification. In addition, many CBD companies use organic and natural ingredients, and cultivate their own hemp using sustainable farming practices. They also ensure that their products are manufactured in a clean and safe environment. Finally, many CBD companies will offer a money-back guarantee if the customer is not satisfied with the product.
What are the safety measures in place for CBD products?
CBD companies typically have a number of safety measures in place to ensure that their products are safe for consumers. These include rigorous testing protocols, quality control measures, and safety certifications from third-party organizations. Companies may also use secure shipping methods and provide detailed product labeling and instructions to ensure that consumers are aware of potential risks associated with consuming CBD. Additionally, many companies are beginning to incorporate blockchain technology into their production processes to provide even more transparency and trust for their customers.
What are the potential health benefits associated with CBD?
CBD products have become increasingly popular due to the potential health benefits associated with them. Studies have shown that CBD may help to reduce inflammation, anxiety, depression, and pain. Additionally, CBD has been linked to helping with insomnia, cancer, heart disease, and other medical conditions. There has also been research suggesting that CBD may help to reduce the symptoms of certain neurological conditions such as Parkinson’s and Alzheimer’s. Although more research is needed to fully understand the potential health benefits associated with CBD, there is compelling evidence that suggests that CBD may be beneficial in managing certain health conditions.
Despite the social and economic impact of a global pandemic, the industry continues to show signs of strength with healthy consolidation, consumer spending, and investment in strategic marketing. Because the market has seen both sizable expansion and consolidation in , the top 20 brands have technically lost share but still maintain the majority piece of a now much larger pie. The industry is now being strongly influenced by the following primary groups of competitors. Brand shares as of February 5, . Charlottes Web has effectively risen to the top of the ranks by leveraging robust marketing strategies deeply rooted in brand values their customers care about like trust and high-quality products. By understanding who they are as a brand, resonating with the right consumers, and investing in large marketing campaigns , they continue to lead the pack. Their focus on ensuring quality and consistency from seed to sale has led to rapid consumer interest. Additionally, they have leaned further into the medical positioning of CBD with their Medterra Clinical brand aimed at capturing more consumers at independent pharmacies and medical practices. By leveraging a wide and growing distribution network through their franchise, wholesale and affiliate programs, they have been able to quickly climb the CBD company rankings. CBD American Shaman, a vertically-integrated operation, has a broad product line with over 70 SKUs from tinctures to edibles for both humans and pets. Specialty CBD Retailers have seen increased growth as more consumers enter the market and want high-quality product education during their in-store experience. Additionally, their inexpensive products and May rebrand align with a more mainstream, frequent user. Green Roads has leveraged product diversity and quality to differentiate themselves in the market. By offering more unique, high-dose products, they can be seen as an innovator and those products better resonate with a variety of consumers. Similarly to Charlottes Web, they have leveraged value-based marketing to fuel robust social strategies targeting their core consumers. By building a trusted brand with a traditional, straightforward menu, Charlottes Web appeals to new and hesitant consumers. CBDistillery has created a robust online model with athletic sponsorships and influencer marketing, alongside accessible pricing. They have gained a s trong presence online and in independent pharmacies. They are particularly effective in addressing smaller, overlooked markets with tailored local advertising. Their simple branding and heavy focus on search optimization has made Medterra a strong player in the online CBD space. They have been able to get in front of new entrants to the market, especially with low-price topicals. As of February , over 4, retail outlets carry cbdMD. Their mass adoption across various channels, along with strategic marketing and PR efforts, have no doubt helped in their online sales. It also allows the company to offer high quality products at a good value. As these segments continue to explore CBD, Lazarus Naturals is well-positioned to gain their attention. Need to catch up? Get the Market Report here. Articles CBD. Written by Connor Skelly. Types of Top CBD Companies The industry is now being strongly influenced by the following primary groups of competitors Powerful CBD-only companies , which have been able to further develop reputations and establish brand loyalty, refine and improve marketing strategies, and grow larger and more diverse customer bases despite barriers faced under past and current regulatory systems. Cannabis companies , typically multi-state operators MSOs , leveraging vast dispensary and retail distribution networks, supply chain infrastructure, brand recognition and capital to create or expand successful CBD lines. Examples Curaleaf Hemp, Columbia Care. Supplement brands with natural food store and mass retail chain connections, nutraceutical marketing experience, capital to invest, and established customer bases that are particularly prone to purchasing CBD-infused wellness products. Disruptors Those CBD brands little-known prior to , even in CBD circles, who have made tremendous headway over the course of a few months, many being picked up by large retail chains and thrust into the spotlight. Though considered separately from top CBD supplement companies for the purposes of this study, GW Pharmaceuticals carries considerable weight in the US CBD industry, and additional pharmaceutical companies and products are expected to join the market and play an even more important role in the future. Though only just beginning to dip their toes into the U. Consumer packaged goods CPG behemoths such as Coca-Cola, Anheuser-Busch InBev, and Unilever have been circling the industry since prior to the legalization of industrial hemp cultivation and are eager to establish a name for themselves early.
