From a business standpoint, the CBD industry is too good to be true. There are individuals that enter the CBD world just for quick and easy money and not for the true belief in the alternative medication.
It’s depressing to see when someone is just in the business for the money and not have a true passion for the culture, but can you blame them? We will be transitioning from CBD benefits and educational posts to a strict analysis of the CBD business. We will be Interviewing a CBD store owner to get a direct link into the industry, as well as other reputable sources along the way.
Iris Dorbian a writer for for http://Forbes.com stated, “Affecting industries as diverse as cosmetics, food and beverage and pharmaceuticals, the exploding CBD (cannabidiol) market has generated considerable headlines, providing fodder to umpteenth analysis and forecasts. The latest one, by leading cannabis researchers BDS Analytics and Arcview Market Research, projects that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024. Interestingly, this figure is a slight increase from than the recent forecast made by New York-based investment bank Cowen & Co, which estimated that the market could pull in $15 billion by 2025”.
This goes to show that the numbers are clearly there, but there is still much danger in this field. With no FDA regulations and stores popping up all over the country it’s becoming a flooded market that’s struggling to expose the legitimate businesses.
CBD DISTRIBUTORS
A small mom and pop store located in Beckley, West Virginia that entered the CBD industry later than most in a bigger picture, but for the state of West Virginia they were one of the first. We were able to sit down for a personal interview with the store owner to answer a few questions on why he is in the business.

Jeff Brooks, in his mid 50’s has only had the CBD store for almost 2 years now, but it’s not the only business he has owned or managed. Ever since his late 20’s he has worked in the medical field, from owning his own respiratory company, to now a pharmacy. At first glance it’s simple Mr. Brooks is a business man, but was it the promising numbers that attracted the store owner? Or the true passion for helping his already existing patients at the pharmacy? Of course the main reason to start a business is to create revenue, but are they any other intentions?
According to Mr. Brooks, it was a very slow start for his business in the small populated area of Beckley. He stated that his main concern was getting the people educated in the area and destroying the label of CBD as a direct association with marijuana. West Virginia is typically behind when it comes to new trends, and mix that with a much older demographic than other areas it’s a challenge to spread CBD education. For someone that has taken a certain prescription for years and thinks CBD is marijuana, it’s a tough sell. Let alone the danger of other business flooding the market and ruining the name of CBD for potential patients.
Owner Jeff Brooks started his CBD journey at his pharmacy by offering products to his existing customers, to then open a separate retail store for more opportunities. It’s very unique to see how someone in the pharmaceutical industry that profits off prescription medications would even be interested in an alternative medication that could wing patients off their prescriptions.
Loyal to his customers and truly in the CBD business for the well being of his clients, owner Jeff Brooks takes all measures in offering his patients with premium CBD to ensure the highest chance of success.
Mr. Brooks mentioned that once he got passed the education of CBD and began pushing more and more business that the best part was yet to come. It wasn’t the profit margins that kept the business alive it was the repeat customers that came in month after month that no longer took prescription medications they have been prescribed for years.
Thank you to CBD Distributors, and Jeff Brooks for the information.
CBD EXPANSION

CBD has spread all throughout the country and if you take a look at the picture above you can see January on 2019 this is the kind of numbers we are looking at. Now in almost May of 2020 we can picture these numbers at an even higher level.
Businesses are popping up in every state all over the country and nothing is slowing these entrepreneurs down. Without the FDA stepping in it is leaving doors wide open for business opportunities, but the ones entering the industry just for quick cash without the care for patient well being will be very short lived.
Top 10 CBD Facts and Stats
- The US CBD market had a marvelous growth of 706% in 2019.
- 91% of Americans are in favor of legalizing cannabis for medical or recreational purposes.
- CBD can help treat heroin addiction.
- Most CBD oil products are made in the Middle East, Africa, and South America.
- You cannot get addicted to CBD.
- The market is filled with CBD products of questionable quality.
- CBD oil production or distribution is a brilliant business opportunity, CBD statistics for 2019 report.
- The pet CBD market increased by 946% between 2018 and 2019.
- The most popular method of consuming CBD oil is sublingual administration.
- Epidiolex is the only CBD oil that is approved by the FDA.



Thank you to loudcloudhealth.com for these great visual aids and other useful statistics.
The CBD Industry is full of endless possibilities, it’s just making sure the business you support or the business you may run make sure it’s for the right reasons. Have a passion for the natural alternative and really strive to get patients away from prescribed medications.





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