Have you heard about CBD dropshipping? If you want to learn all about it, stick with us.
CBD industry is on a major rise in the last several years. The cannabis experts believe that it will reach $20 billion by the year 2024.
Although the US numbers are staggering, the other countries are experiencing a similar trend. This opens numerous opportunities for entrepreneurs, among others, a chance for CBD dropshipping.
CBD products are becoming extremely popular because of their medical potential. We have a lot of empiric evidence that this substance can treat some of the nastiest medical conditions.
You can use it for stress, insomnia, depression, chronic pain, inflammation, muscle spasms, and so on.
Even better, we are still learning about the product, and in time, perhaps we will use it for some other ailments.
Is CBD legal in the US?
Depending on where you live, Cannabidiol products may or may not be legal.
Even if they’re legal, they are often highly regulated by countries. This makes sense, given that CBD is a controlled substance according to UN drug control conventions.
If you live in the US, CBD laws may vary significantly from state to state. Keep in mind that nowadays it’s legal in most of the country.
The US government categorizes cannabis into 2 major groups.
The first group is hemp plant products with 0.3% or lower THC content. The other one is THC cannabis, with more than 0.3% THC content.
Hemp is usually referred to as medical cannabis. The plant has a high concentration of CBD, although you can also utilize the traditional cannabis for Cannabidiol extraction.
You can easily grow hemp without any legal restriction. Hemp was a controlled substance for the longest time, but since 2018, it is classified as an agricultural commodity.
What about CBD in Canada?
The situation in Canada is a bit different.
Generally speaking, the cannabis plant is completely legalized, but it is also a controlled substance. When it comes to Cannabidiol products, they are similarly treated as THC products.
Both groups fall under the Canadian Cannabis Act, according to which CBD substances should be strictly controlled, whether they were made out of hemp or regular cannabis.
If you wish to make cannabis and hemp products in Canada, you need a proper processing license.
All CBD products can be sold only through federally-licensed dispensaries. These items are to be used for medical purposes exclusively.
CBD laws in the European Union
EU is a bit stricter when it comes to cannabidiol products.
A Cannabidiol product cannot have more than 0.2% THC. There are some indications that this percentage will be further lowered in the following years.
Another requirement for CBD products is that THC cannot be easily extracted from them. European Union also has specific laws regarding labeling; a company cannot make wild claims regarding their medical marijuana.
Australia is slowly working towards the legalization of cannabis, whether we’re talking about CBD or THC products. You can now use cannabidiol in all Australian states.
However, it is still classified as a prescription drug, and you need to get a CBD license after an interview with a medical board.
Although there are a lot of cannabis users within the country, it is relatively hard to get these licenses.
If you’re a Cannabidiol user, we suggest that you learn more about the local laws before you purchase and start using the drug.
Potential benefits of CBD products
Naturally, there is a good reason why CBD products have become so popular.
Most people think that CBD is nothing more than a weaker version of marijuana. But, this cannot be farther from the truth.
Given that most countries regulate the products’ THC content, it is virtually impossible to get high on it. Instead, people use it to treat real problems.
Cannabidiol works by binding to cannabinoid receptors in the human body. These receptors work by regulating numerous processes within our organism.
The substance can have an amazing impact on our muscles and brain. Most patients use it for conditions such as chronic pain, inflammations, anxiety, and depression.
According to various studies, there are good indications that you can use CBD to alleviate symptoms of Alzheimer’s, multiple sclerosis, epilepsy, and Parkinson’s disease.
We still don’t know much about the long-term effect of CBD treatment. But, it seems that the substance can be used for various chronic conditions for which there aren’t many good alternatives.
Oftentimes doctors prescribe medical marijuana together with traditional drugs.
Best CBD dropshipping products
Given the rapid expansion of the global CBD market, it shouldn’t be surprising that new products are being launched on a regular basis.
If you wish to dropship medical marijuana, there are lots of items to choose from.
Keep in mind that that CBD dropshipping is legal for the US and the EU, but it is prohibited in Australia and Canada.
Here are some of the best options for your CBD dropshipping business:
- Edibles – CBD edibles are an enormous group of products. It includes things such as candies, gummies, baked products, etc. Although there were some issues with edibles (in the US, in particular), most countries allow their sales
- Sublingual tinctures – As the name implies, these drugs are administered under your tongue. Each bottle comes with a dropper making it easier to administer on the fly. In fact, this product is ideal for people who don’t have much time to hassle with the therapy and need quick, easy solutions
- Topicals – Here is another, an enormous group of products. Topicals are applied to your skin and are great for chronic pain and various inflammations. It includes items such as creams, gels, sprays, and so on. With topicals, you can treat a particular area of your body, without having to apply it elsewhere
- Capsules – Capsules are sold either as a soft gel or gelatin capsules. They are pretty convenient and fast to administer. CBD capsules are especially great for people who travel a lot or those who need to administer medication during work hours
How to ship CBD in the US?
Most CBD dropshippers focus on the American market.
According to the latest USPS guidelines, your CBD shipment needs to be mailed with a self-signed certification statement. You will also need documentation that shows your legal authorization.
If you choose to dropship with FedEx, UPS, or DHL, you will have to ship according to the Federal regulations ensuring that your items are hemp-based and have less than 0.3% THC content.
Do you need help with your CBD dropshipping business?
Our company specializes in the cannabis industry.
That being said, we have enough experience to make your dropshipping business a successful one.
If you have any questions, or if you wish to discuss a potential partnership, make sure to contact us today!