No matter what kind of retail business you’re in, there’s a good chance you have heard about one of the fastest growing product categories: CBD. The CBD industry, also sometimes referred to as “the next gold rush” is set to become a $22 billion market by 2022. With CBD sales skyrocketing, now is the time to consider adding this exploding product category to your store.
In an interview with Rolling Stone, Bethany Gomez, director of research for the Brightfield Group says, “This industry has grown out of nowhere, based on word of mouth marketing. There are no real mass market retailers covering it.” Despite the steadily growing sales and consumer demands, it is still indie retailers and startups that are reaping the rewards of this exploding industry.
CBD Pet Products
If you’re considering adding CBD products to your inventory, pet products are a great place to start. Pet product sales as a whole are big business for retailers, with 67 percent of U.S. households spending $72.56 billion annually on pet supplies. One of the biggest sources of pet spending is wellness, supplements, and over the counter medications. More and more pet parents are turning to natural treatments, including CBD, for a number of concerns. MarketWatch reports that CBD pet products have an expected compound annual growth rate of 195 percent from 2018 to 2022, which outpaces the expected growth rate for the CBD market as a whole.
Here are some of our favorite CBS pet products:
Honest Paws CBD-Infused Pet Peanut Butter
The pet peanut butter is infused with full spectrum CBD oil along with protein and healthy fats for a healthy pet treat. Each tbsp contains five milligrams of CBD.
Honest Paws
Tel.: 844-729-7790
www.honestpaws.com
Private Label Pet Products from Global Cannabinoids
Global Cannabinoids offers a complete line of CBD-rich animal health and wellness products. Retailers can create white label or private label custom CBD treats for pets.
Global Cannabidiods
globalcannabinoids.io
CBD Pet Oil
US Hemp Wholesale offers hemp oil CBD specially formulated for cats and dogs. Products can be purchased wholesale, drop shipped, or for private label.
US Hemp Wholesale
Tel.: (844) 387-4367
ushempwholesale.com
ChemDawg’s CALM-AGEDDON
This lab-tested CBD-hemp tincture is designed to help calm anxious dogs. The tincture can be purchased through Pro Team Brady.
Pro Team Brady
Tel.: (866) 943-6722
proteambrady.com
Dog Treats from Pinnacle Hemp
These bacon and cheese flavored dog treats contain 120 mg of full spectrum CBD per container. They are made with Certified Organic hemp, are non-GMO, and are third-party tested.
Pinnacle Hemp
pinnaclehemp.com
CBD Beauty & Cosmetics
CBD skin care products are estimated to be valued at more than $645 million in 2019. Indie brands brought CBD products including skincare, lotions, makeup, and oils to the market and into popularity. Now, due to surging sales, retailers like Sephora and Neiman Marcus have started slowly adding CBD beauty products to their lines.
Some of our favorite CBD beauty products include:
Relax N’ Soak Bath Bombs
Relax N’ Soak CBD bath bombs from Experience CBD come in four scents, with each bath bomb containing 30 milligrams of CBD: citrus blend, peppermins, lemongrass, and nature.
Experience CBD
Tel.: (843) 213-1319
experiencecbd.com
CBD Infused Exfoliating Cleanser
CBD exfoliating cleanser is one of several organic CBD skincare products offered by The CBD Skincare Company. Their deep cleansing CBD lotion includes the natural alpha and beta hydroxy acids of glycolic, lactic and salicylic. The CBD cleanser also includes jojoba beads.
The CBD SKincare Co
www.cbdskincarecompany.com
CBD Body Lotion
Pinnacle Hemp moisturizing body lotion is available in two scents: Coconut Beach Dream and Unscented. It contains 200 mg of CBD. The lotion is non-GMO, made with Certified Organic hemp, and is third-party tested.
Pinnacle Hemp
pinnaclehemp.com
Joy Organics Skincare
Joy’s full line of premium grade CBD skincare products includes a Day Cream, Night Cream, Eye Serum, Face Serum and Face Mask, all infused with lab-tested CBD made out of hemp that was grown in the USA.
Joy Organics
joyorganics.com
King Stub Beard Balm
This unique beard balm available from Pro Team Brady is made with emu oil, CBD, and essential oils like cedarwood and juniper.
Pro Team Brady
Tel.: (866) 943-6722
proteambrady.com