The booming CBD industry

Hemp-derived CBD is appreciated as having many health-promoting benefits. CBD has anti-inflammatory properties and it is used to treat epilepsy. Moreover, CBD oil has gained significant use among smokers who want to quit and want to minimize their quitting symptoms. The booming CBD industry, combined with the efforts of the cosmetics industry will lead to a strong year for entrepreneurs in the CBD cosmetics and skin care sectors.

It is estimated that these beneficial factors will contribute to the growth of the CBD market in the next 5 years. Identifying future growth opportunities, sellers have begun to focus on quality and product innovation.

CBD regulations will be enforced and stricter enforcement is likely to shake up the CBD community, allowing legitimate companies with rigorous manufacturing and testing processes to focus on developing quality products, by targeting the production cycle, from sowing the right seed until shipment of the finished product.

PBG Global ( www.pbg.global ) is among the leading CBD oil companies in the world and one of the largest CBD oil & isolate manufacturers. The company is based in Europe with 2 offices, in Bulgaria and Romania. They manufacture products from certified organic and natural hemp plants, grown and cultivated without pesticides, herbicides or other contaminants.

The company employs the green chemistry philosophy, CBD isolate and whole-hemp extract production technologies reduce chemical related impact on human health and the environment to the minimum by the use of alternative and environmentally friendly processes. They firmly believe that this is the only way for sustainable hemp extract production. A lean extraction and resin processing systems use only GRAS (Generally Recognized As Safe) solvents that are maximally recycled, leaving absolutely no residual solvents in the final product, while lowering production cost. Scalable solutions for cost-effective hemp resin production of whole-hemp CBD-rich extracts preserve the full compound matrix naturally found in the plant.

PBG GLOBAL developed and patented some of the most exciting counter-current chromatography techniques that are hi-tech, hi-efficiency extract processing systems, allowing for efficient scalable production of customized and standardized pharmaceutical grade products.

The innovative patented THC Zero technology allows the creation of THC-free whole hemp extracts with no need of chromatography processing. The resulting extracts contain no THC or THCa making this CBD-rich product unique and available to markets where no level to THC is tolerated.

When it comes to scientific innovation, research and development, PBG GLOBAL holds the only research license in Bulgaria allowing their scientists to carry out cutting-edge experiments and develop the future of cannabis processing technologies.

Today’s highly competitive cannabis extraction industry needs scalable and efficient solutions providing for the sustainable cannabinoid and cannabis resin production of tomorrow. At the same time, R&D labs focus on developing high-yielding, high-quality scalable extraction and processing methodologies.

As legal and regulatory barriers are removed and consumer education spreads around the world more and more consumers will turn to CBD products. Technavio market analysts estimate that the global CBD market will grow by $ 3.52 billion over 2020-2024, with an estimated CAGR of over 32 % in the next 5 years.