Medterra is a completely CBD-focused, THC-free brand with broad mainstream consumer appeal. Their focus on ensuring quality and consistency from seed to sale has led to rapid consumer interest. Additionally, they have leaned further into the medical positioning of CBD with their Medterra Clinical brand aimed at capturing more consumers at independent pharmacies and medical practices.
By leveraging a wide and growing distribution network through their franchise, wholesale and affiliate programs, they have been able to quickly climb the CBD company rankings. CBD American Shaman, a vertically-integrated operation, has a broad product line with over 70 SKUs from tinctures to edibles for both humans and pets. Specialty CBD Retailers have seen increased growth as more consumers enter the market and want high-quality product education during their in-store experience.
CBD American Shaman
The top 5 CBD companies have continued to make names for themselves as the US CBD continues to grow. (Brand shares as of February 5, 2020):
Green Roads has leveraged product diversity and quality to differentiate themselves in the market. By offering more unique, high-dose products, they can be seen as an innovator and those products better resonate with a variety of consumers. Similarly to Charlotte’s Web, they have leveraged value-based marketing to fuel robust social strategies targeting their core consumers.
CBDistillery – Balanced Health Botanicals
The industry is now being strongly influenced by the following primary groups of competitors:
Cornbread Hemp is Good Manufacturing Practice (GMP) certified and accredited by the Better Business Bureau. They’re also part of a rich hemp-growing culture at home in Kentucky.
On the other hand, CBD oil is extracted from the flower and buds of hemp, usually using CO2 or Ethanol to pull out the beneficial compounds found in CBD products.
Extraction & Purification Standards
This product presently costs $110, so the CBD in this tincture costs According to a recent op-ed published in Cannabis Science and Technology , CBD may interact with your body in more than 20 distinct ways. However, scientists have recognized that the most important effects of CBD take place at two specific neuroreceptors..073 per milligram. This price is standard within the industry, and Colorado Botanicals tinctures offer added value due to their terpene content.
CBD is short for cannabidiol and is the most abundant active compound found in hemp, while THC is the most in marijuana.
8. Is hemp seed oil the same thing as CBD oil?
Although CBD oil is technically hemp oil, it’s mainly used to define hemp seed oil, which is entirely different from CBD oil even though they are from the same plant.