CBD sales reached $4.6 billion in 2020 and are expected to increase to $20 billion by 2024 or 2025. Its popularity as a wellness supplement shows its entrepreneurship potential as CBD is still a relatively new commercial product.
So, how can you take advantage of the CBD craze? One way is to buy it in bulk to start your own CBD business or to save money on your personal supply.
Read on for the best ways to locate and buy high-quality pure CBD isolate powder.
What is CBD Isolate?
Before you buy CBD isolate powder you should know exactly what it is. This is one of several forms of extracting the cannabinoid called cannabidiol, known as CBD. It is one of over 100 other components found in the Cannabis Sativa plant.
As an isolate, this type of CBD doesn’t contain any other cannabinoids like tetrahydrocannabinol (THC), which produces a psychoactive effect when consumed.
The benefit of using a CBD isolate is that is guaranteed to contain less than .3% of THC. This is the legal limit for CBD products, otherwise, they are classified as recreational or medicinal marijuana.
Why Buy in Bulk?
Buying CBD powder wholesale saves you money if you want to create your own products. Bulk CBD isolate powder is a raw form so it can be added to anything, from edibles to topicals.
Not only do you save money on pure CBD powder when you purchase large quantities, but you also establish a relationship with a buyer. This can build trust as you find out how the CBD is produced.
Plus, you will not have to keep making small purchases, whether you plan on starting a CBD shop or not. It is a convenient way to purchase CBD less often.
Things to Consider When Buying Wholesale CBD Powder
To ensure that CBD powder wholesale products are a good deal and high-quality there are a few things to consider.
- Compare prices to get an idea of the average price per weight.
- Check third-party lab tests for organic classifications and possible contaminates.
- Research cultivation practices and even visit the site.
- Calculate quantity needs and your budget to buy what you need to make a profit.
Putting in some work to find the best CBD isolate powder wholesale supplier will improve the quality of your business because you can tell your customers what is in your products. It will also help you gain more discounts as you may partner with a wholesaler for even better deals.
Finding a Pure CBD Isolate Powder Supplier
Now that you know what to look for in a pure CBD isolate powder you need to find a supplier. You can start by looking online at reviews. But, if you know someone already in the CBD business they may have a contact for you. Also, check with your local dispensaries to see if they will share wholesaler information and give recommendations.
Check out our Business section for more tips on launching a CBD company.