Do you think humans are the only living things benefitting from CBD? Think again. CBD for pets has become trendy in 2019 and looks like it will only get bigger as time goes forward.
Cannabidiol or “CBD” is a non-psychoactive compound that is derived from marijuana or hemp. It does not get consumers high and is considered a natural way to treat anxiety and pain. There have been studies done on the effects of CBD on dogs with osteoarthritis which suggest that CBD can in fact relieve an animal’s discomfort. Although the connection between CBD and pets has only been recently discussed, there is very little research on the matter making it a trending topic rather than a scientific discovery.
The hype around CBD is not just beneficial for our four-legged family members, it is also beneficial for the CBD industry as a whole. According to CNBC, “Pet products are another possibly lucrative market since people love splurging on their pets. Last year, Americans spent $33 billion on pet food and treats.” There is a lot of potential for CBD companies to market to pet owners as well as for existing pet companies to get behind the cannabidiol trend.
States where cannabis has been legalized have created a discussion of CBD between pet owners and their veterinarians. Veterinary Cannabis Education and Consulting was created to educate both vets and pet owners about the benefits and potential interactions of CBD to pets. They offer consultations and classes to those who want to learn more about the matter.
Aside from vet recommendations, CBD companies are coming out with products tailored to pet owners who need doses that are safe for their furry friends. Kb Pure Essentials, a hemp-derived CBD company, has its own CBD tinctures for pets. Treatibles, offer hemp-derived CBD treats for pets such as soft and hard chews. When dosing your pet, make sure the CBD is organic because non-organic may contain harmful pesticides.
If you would like to know more about the cannabis industry and how Oster and Associates can help your business, schedule a free consultation today.