Interest & Demand of CBD Continues to Grow
Cannabidiol (CBD) continues to grow in popularity each year. Since the Farm Bill was passed in 2018, more and more people have shown an interest in CBD and began using it for its amazing benefits. In 2020, the global CBD market size was $2.8 billion, around $3.7 billion in 2021 and is projected to reach more than $55.8 billion by 2028!
This kind of growth is incredible for any industry, and the market for cannabinoids is just getting started. It might sound like you are late to the party, but that is far from the truth! Now is the perfect time to grab a seat at the table of what is going to be the hottest industry in the market. There is huge potential for new technology, applications of cannabinoids and much more. You can be a part of this group of trailblazers in a market that is set up for success. More money is invested into health and wellness every month, and it will continue to help increase the strength of the market, while opening more opportunities for those involved.
Jumping in with a Wholesale Manufacturer
The easiest and most effective way to get started in the CBD industry is to partner with a reputable wholesale CBD manufacturer. By creating a partnership with an established CBD manufacturer, you will have access to product options that have already been formulated, manufactured, tested and proven to offer your customers. If you decided to start your own CBD business without working with a CBD manufacturer, you may run into roadblocks, as well as a loss of important resources including:
- Time spent on research and development
- Design, printing and application of labels
- Testing of products and compliance review
- Maintaining a large overheard with ready available product inventory
By partnering with a reputable and reliable wholesale CBD manufacturer, you have many things working in your favor, including:
- Faster turnaround times
- Large selection of tested products
- Reduced overhead
- Less time wasted on developing formulations and manufacturing, and time = money!
- No cost for product development and testing
Can I Work with a Wholesale CBD Manufacturer?
Yes! If you want to create your own CBD business and start earning profits, you can work with a wholesale CBD manufacturer. Just like in any industry, all wholesale CBD manufacturers have minimum order quantities (MOQs) for their products. Each manufacturer may be different in what their MOQ might be, but the cost is minimal compared to what it could be if you were to research, develop and manufacture your own formulations. By purchasing CBD products from a wholesale CBD manufacturer, you are setting yourself up to earn maximum profits from your sales.
In addition to the monetary and time benefits you get working with a wholesale CBD manufacturer, you will also receive professional customer service, education and product quality assurance. While you have customers you want to provide premium grade products for and ensure they are repeat customers, wholesale CBD manufacturers have the same goals, but YOU are their customer. This means your business, regardless of size, is important to them and they want you to succeed. Because when you succeed, they succeed, which means they have a vested interest in providing the best quality products, maintaining the highest standards and ensuring you CBD product needs are met.
Wholesale CBD manufacturers also do not have to worry about the time and resources spent marketing products, so they are able to devote all of their time to research, formulation, development, quality, pricing and delivery of high-quality CBD products to you. It is a mutually beneficial partnership that caters to the strengths of each party: manufacturers manufacture the products and sellers sell the products. It is a win-win situation that fosters success for both.
Ready to Partner with a Wholesale CBD Manufacturer?
We have mentioned how convenient it is to work with a wholesale CBD manufacturer, but not all manufacturers are created equal. It is important to find a reputable manufacturer that meets all the standards and industry guidelines in order to ensure you are receiving consistent, high-quality products and customer service. In addition, it is beneficial to find a wholesale CBD manufacturer that has the ability to handle private label CBD products and white label CBD products so you have options when starting your own CBD business.
At CBD Hemp Experts, we not only value our customers and their success, we also take our product quality and sourcing very seriously. This, among other things, is why we were named Leading Manufacturer of the Year. We provide our customers with premium grade white label CBD products, private label CBD products, custom CBD products and even our own wholesale national brand, NAYSA. Above all, we help our customers in every way possible to maximize their business success.
As one of the best vertically integrated CBD manufacturers, we keep track of every aspect of manufacturing CBD products from seed to sale. We are fully compliant and have all the licenses and certificates, so that you can rest assured about your business’s success with our products. If you partner with us, know that you are teaming up with the best!
In order to partner with us simply call us or go to our “request a quote” page and fill out the form there. One of our CBD Hemp Experts will be in touch with you shortly. With us in your corner, you can simply focus on marketing and selling your products.
FDA Disclaimer: The statements made regarding these products have not been evaluated by the Food and Drug Administration. The efficacy of these products has not been confirmed by FDA-approved research. These products are not intended to diagnose, treat, cure or prevent any disease. All information presented here is not meant as a substitute for or alternative to information from health care practitioners. Please consult your health care professional about potential interactions or other possible complications before using any product. The Federal Food, Drug and Cosmetic Act requires this notice.