In line with the company’s goal of helping people benefit from the effects of CBD, CBD Hemporium has announced the launch of their portfolio of products for the new CBD-infused drinks market. The new line of CBD tea and coffee further establishes CBD Hemporium’s position as a leading name in the CBD industry.
“We are the only UK Company to offer a range of CBD tea and CBD coffee beans in bulk for the coffee shop market in the UK and Europe,” says Andrew Wilson, Operations Director at CBD Hemporium. The company is looking to work with establishments who are willing to embrace this exciting and burgeoning industry adding value and margin to their business by way of offering compelling reasons for new customers to flock to their premises.
CBD, a non-psychoactive cannabinoid found in cannabis, has grown in acceptance and popularity in recent times thanks to its huge benefits. Unlike THC, Cannabidiol (CBD) is non-psychoactive, which takes away the possibility of “getting high” when consumed. Therefore, it is not surprising that the cannabidiol (CBD) market has continued to grow with a projection of the market growing by 700% by 2020 according to Forbes expectations. A report by market analysts firm, Hemp Business Journal, projects that the CBD market will grow to $2.1 billion by 2020. “We can see why major brands like coca cola looking to enter the CBD infused drinks market” said Sales Director, Martin Smith.
Over the years, CBD Hemporium has grown to become a leading name in the CBD market in the UK and across Europe. The company is a proud member of The Cannabis Trades Association (CTA), who estimates the UK market to be worth around £60 million with 365,000 regular users, with this figure growing at an exponential rate. The CTA is a body setup to promote self regulation and transparency of the industry. The body independently lab test all their products in the UK for full transparency on the quality, efficacy and safety of their products.
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