According to PR Newswire, the global CBD gummies market was worth $2.1m in 2021, and that figure is predicted to rise to $12.1m by 2028.
As more and more countries recognize the potential medicinal value of CBD, restrictions on the sales of these products will continue to ease, thereby accounting for the significant projected growth of the CBD gummies market by 2028.
Some of these new CBD gummies markets are a long way behind the well-established ones in the countries we will discuss today. The countries in our top 5 CBD gummies-friendly list are the ones that have the highest sales of these products and where there is a flourishing CBD market, as well as a greater recognition of the potential benefits offered by these CBD-based edibles.
So, without further ado, let’s take a look at the top 5 CBD gummies-friendly countries in the world today.
USA
It will be of little surprise to readers that the United States is very much at the forefront when it comes to CBD gummies use. The flourishing of the CBD gummies market is in no small part thanks to the passing of the 2018 US Farm Bill, which allowed for the cultivation of hemp for the first time in decades.
– Advertisement –
While marijuana remains federally illegal, CBD derived from hemp with a THC concentration of less than 0.3% is legal.
The passing of the Farm Bill has led to an explosion in the sales of CBD-based products, such as hemp gummies in the US.
CANADA
Unlike the United States, cannabis is federally legal in Canada, albeit highly regulated and with certain restrictions on its use. CBD remains a controlled substance and is subject to strict regulation too.
Despite the regulation, the CBD market and hemp gummies sales continue to grow. In 2021, CBD gummies sales amounted to $937.9m. It’s pretty clear Canadians love their hemp gummies as much as their North American neighbors.
Also Read: 7 Mouth-Watering Healthy Recipes You Can Try at Home
GERMANY
The combined CBD-based product market in Europe is expected to reach €1.4 billion by 2023. Germany is one of the leading CBD-friendly countries in Europe and accounts for a significant percentage of overall CBD gummies sales.
– Advertisement –
In Germany, CBD products, such as hemp gummies, are legal as long as they contain no more than 0.2% THC.
UK
Okay, the United Kingdom is a collection of countries rather than a single CBD gummies-friendly country. Regardless, the UK adopts the same stance towards CBD-based products as Germany; these products are legal as long as they contain a maximum of 0.2% THC. Furthermore, another stipulation is that CBD must be derived from an industrial hemp strain that the UK approves.
Also Read: 7 Reasons Why Delta 9 Gummies Are Becoming So Popular
AUSTRALIA
Australians love hemp gummies as much as the other countries on this list. However, Australia limits the use of CBD purely for medicinal reasons. To avail of CBD in Australia, a doctor has to prescribe it for you via the Special Access Scheme.
Premium Jane Australia
– Advertisement –
Market-leading CBD brands, such as Premium Jane Australia, offer a selection of hemp gummies, such as their 750mg CBD gummies. These hemp gummies are 100% vegan-friendly and sourced from non-GMO hemp, so they are free from harmful chemicals such as pesticides and herbicides.
Premium Jane Australia’s CBD-based products, including their hemp gummies, are tested by third-party laboratories to verify their safety and purity. Consumers, therefore, can refer to the accompanying lab report, known as a Certificate of Analysis (COA), on Premium Jane Australia’s website to view the test results.
Premium Jane Australia’s CBD gummies are made using a broad-spectrum isolate blend, and each of these hemp gummies is infused with 25mg of CBD. The 750mg jar contains 30 hemp gummies, and Premium Jane Australia’s recommended serving size is one hemp gummy. Premium Jane Australia also offers FREE SHIPPING on this product.
Final Thoughts on the Top 5 CBD Gummies-Friendly Countries
There you have it; these nations can be considered the top 5 CBD gummies-friendly countries in the world.
As the CBD gummies market continues to grow, other countries are expected to increase their CBD gummies sales. Based on current projections, European countries such as France and Spain are expected to see a significant surge in CBD gummies sales over the coming years.
Morning Lazziness
Source link
