$1 Trillion Global Health and Wellness Sector Presents Growing Opportunities for Cannabidiol Companies

NEW YORK, August 2, 2018 /PRNewswire/ --

Cannabis News Wire Editorial Coverage  

Cannabidiol (CBD) products are reaching into the mainstream through a growing health and wellness sector, and savvy companies are looking to position themselves to make the most of this momentum.

• The health and wellness market grown to over $1 trillion globally as of 2017
• Positive shifting regulations globally is opening major international markets to CBD products, especially CBD infused food, beverages and natural health products
• Larger fortune 500 level food and beverage companies are beginning to consolidate this major growth market via major investments and mergers and acquisitions.

In a groundbreaking move, Phivida Holdings, Inc. (CSE:VIDA) (OTC:PHVAF) (PHVAF Profile) has become the first CBD company to have their CBD food, beverage and natural health products cross over into major national mainstream grocery distribution in the United States. Isodiol International, Inc. (CSE:ISOL) (OTC:ISOLD) (FSE:LB6A.F) is also expanding CBD's reach through a growing chain of vaping shops. And the potential for wellness beverages is demonstrated by Koios Beverage (CSE:KBEV) (OTC:SNOVF), with its expanding range of brain-boosting drinks. Within the cannabis market, the Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF) is providing organic, sustainable cannabis, a source of CBD that meets other consumer interests. And CV Sciences, Inc. (OTC:CVSI) is researching new CBD products and searching for ways to bring those products to market as the sector continues to grow in size and diversity.

Adding to Health and Wellness 

The health and wellness sector is currently huge business. Conservative analysis places its value at over $1 trillion, while at least one commentator cites figures as high as $3.7 trillion. The willingness to make purchasing decisions based on better health and a longer life is no longer a niche interest. From gyms to health foods to counseling, consumers are spending a growing proportion of their income on creating healthier, happier lives.

Cannabidiol (CBD) products have become significant recent additions to the wellness market. Derived from cannabis plants, CBD is an active ingredient that has shown many potential health benefits without the intoxicating "high" provided by cannabis' other main active ingredient, the THC found in marijuana. Research into CBD is still in its infancy, but that research has shown the ingredient's potential to improve wellness in several ways. As legal changes make it easier to develop and produce CBD products, those products appear set to take an important place in the health and wellness market.