The cannabidiol marketplace is likely to witness significant R&D investment in the pharmaceutical industry as a broad-spectrum pharmaceutical therapeutics. Multiple scientific studies have shown promising results of cannabidiol for its potential in the treatment of a number of diseases. Following which the cannabidiol market is marked by a considerable cannabidiol therapeutics getting FDA approval or ... Read more
The cannabidiol market is estimated to be valued at US$ 7953.14 Mn in 2023 and is expected to exhibit a CAGR of 47 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Cannabidiol (CBD) is a non-psychoactive compound extracted from hemp and cannabis plants. It is increasingly being used as an alternative treatment for chronic pain, anxiety, depression and other medical ... Read more
Cannabidiol or CBD oil is derived from hemp plants and is used to provide relief from anxiety, pain and inflammation. CBD oil is available in various forms including tinctures, capsules, topical creams and edibles. It is a non-psychotropic extract of cannabis plant that provides medical benefits without causing psychoactive effects. The benefits of CBD oil in treating neurological disorders, cancer symptoms, reducing acne, anxiety and depression have boosted its demand globally. ... Read more
Cannabidiol or CBD is a compound found in cannabis plants that have several medical and therapeutic benefits. CBD products include oils, tinctures, capsules and topicals that are used to treat anxiety, insomnia, pain and inflammation.