Hemp-based products are becoming increasingly popular now, and CBD occupies a place at the front. After the legalization of CBD through the Hemp Farm Bill of 2018, technology has played a significant role in revolutionizing the industry. The industry is growing more than any other sector now. By the year 2022, the CBD sector has the potential to become a $22 billion industry. Experts believe technology may have a role to play here. From marketing to hiring a google ads agency, CBD Industry is doing it all to be at the forefront of business.
Are you wondering how advancements in the technology sector are transforming the CBD industry? Dive right in to find out the role technology is playing in changing the sector.
How are technological advancements changing the CBD industry?
The CBD industry has been continually evolving over the last decade. The sector is advancing by the day with more brands entering the market, a wide product range, and growing popularity. Here’s the impact of technology on the CBD market:
1. New CBD strains:
CBD comes from both hemp and marijuana plants. Marijuana tends to have an abundance of THC, which is psychoactive. Most people are not interested in the high but look for the therapeutic benefits of CBD products from Vape SEO. Since then, manufacturers are looking for ways to isolate CBD from other cannabinoids and terpenes to offer pure extract. Breeding techniques are playing an important role here. The advanced cross-breeding methods help produce CBD-rich hemp strains. It enables the manufacturers to control purity levels and develop new strains. This can help satisfy consumer needs.
2. CBD extraction technology:
In the case of CBD oil, there are plenty of brands that boast about selling high-quality CBD products. While their products may be identical, the extraction method used by them differs significantly. There are plenty of extraction methods available. You can find everything from basic techniques like olive oil and ethanol to advanced technology using Co2 extraction.
3. CBD Bioavailability
Bioavailability is how much CBD your body can absorb from the amount you consume. The efficiency depends significantly on the bioavailability. Despite the method of consumption you choose, bioavailability is considerably less. Nanotechnology is the process that reduces the size of CBD molecules to nanoparticle dimensions that facilitate better absorption. It can help solve the problem of low bioavailability with CBD.
4. Quality tracking software
CBD users look for accurate information about what is present in the products. It is motivating manufacturers and software developers to create efficient tracking systems. Many companies like Trace are using blockchain to provide accountability for CBD products. It ensures the users get accurate information about how, when, where the hemp plants were grown and processed.
While CBD has become a household name, the entire industry is also growing exponentially. Experts believe that technology will continue its contribution to the development of the CBD industry. Advancements in the technological arena will play a massive role in shaping the future of CBD.