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Experts Predict There Will Be Over One Billion Cannabis Users By 2027

Experts Predict There Will Be Over One Billion Cannabis Users By 2027!


The Statista Health Market Outlook a health market insiders have forecast that there will be more than one billion cannabis users by the year 2027. In the future people will be more keen on choosing products that contain low THC and non-intoxicating effects. This will lead to a higher demand for Cannabidiol or CBD. Cannabidiol is an active chemical compound or cannabinoid found in the cannabis plant. CBD comes with multiple health benefits such as: promoting good sleep, treating insomnia, reduction of stress and anxiety, regulating mood, increasing concentration and motivation, relieving pain and anti-inflammation and at the same time it helps to maintain a strong immune system.


There are three types of CBD out there:


Full Spectrum allocates every aspect from the cannabis plant from the stems to the stalks to leaves. Full spectrum contains multiple cannabis extracts including essential oils, fatty acids, multi vitamins, terpenes, flavonoids and cannabinoids like CBD, THC, CBG and CBN. Mellow Full Spectrum CBD Oil is a gold standard choice for CBD oil with 1,800 mg of CBD to promote the most entourage effect.


Broad Spectrum is almost identical to full spectrum, but without THC.


CBD Isolate is regarded as the purest form of CBD as CBD isolate is extracted from the cannabis and hemp plant. CBD isolate is processed and refined to consist only of CBD and no other cannabinoids like THC. Mellow CBD Oil is made from CBD Isolate and comes with 900 mg of CBD available in 30ml bottles and you can choose between Natural and Orange flavor.


CBD is available as tinctures/oil, topicals like our own Mellow CBD Soothing Balm vanilla scented, edibles, vaping oil, capsules, tea or as cannabis flowers. New cannabis products are coming out everyday.


For someone who is interested in trying CBD for the first time or even if you have had experience with cannabidiol it's important to check out the ingredients. Keep an eye on the potency of the CBD product. Make sure that the product has been lab tested to guarantee that the product is safe for consumption. Always start with low dosage and increase the amount if needed.


Back to the report:


In 2023, CBD users are expected to spend $24 per capita on CBD products and is expected to increase to $29 in 2027. This year it's expected that people will pay on average $481 on recreational and medical cannabis while in 2027 it is expected to reach $600. In 2027, 30% of all cannabis revenue will be from CBD products.


Mellow Organic is the first and most trusted CBD Oil in Thailand. Our product is lab tested for Top Quality CBD content and zero toxicity.


For more information on our CBD topicals and tinctures please visit



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Written by Vivek Roachthavilit


Special thanks to:


Bloomberg


Healthline


Yahoo Finance







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