We’ve seen the CBD market grow significantly these last few months in different parts of the globe, with projections showing that by 2028, the market could be valued at $13 billion. CBD has various benefits, which include relieving anxiety and providing pain relief along with anti-acne and anti-seizure properties. Some studies have also found that CBD may help prevent growth of cancer cells. However, more research is needed to support these claims.
CBD isn’t the only compound various markets are interested in either, as the wellness and cosmetic markets have begun to take an interest in CBG (cannabigerol), which is said to possess anti-inflammatory, antibacterial and soothing properties.
Like CBD, CBG is one of the many compounds found in the cannabis plant, which contains more than 100 cannabinoids. Other cannabinoid compounds include cannabichromene, cannabidiorcol, cannabichromenevarin, tetrahydrocannabinolic acid, cannabinol, cannabidiolic acid synthase and cannabichromanon.
Unlike CBD and THC, which are the primary compounds in the cannabis plant, CBG is less known. Despite being less recognized, manufacturers and researchers have begun exploring CBG’s potential in an effort to introduce it to the realm of beauty and wellness.
CBG is, in some way, the basis of its counterparts as it transforms into other cannabinoids, including THC and CBD, during the cannabis plant’s growth. This may explain why it is found in relatively low concentrations and small quantities.
In addition to this, CBG is nonpsychotropic, like CBD, which means that it does not induce a high. This is unlike THC, which causes individuals to get high when they ingest or consume cannabis.
CBD is currently used in many products, including creams, serums, oils, scrubs, cleansers and deodorants. We may, in the near future, see the same lines of products with CBG. Some companies are already looking closer at the properties of CBG various studies and have found their antioxidant, antibacterial, soothing and anti-inflammatory properties.
CBG oils, which many believe can help combat fatigue and stress, are already available in various specialist stores. These oils are also said to relieve anxiety, help manage pain, alleviate inflammation, relieve nausea and relieve a number of skin conditions, including acne.
The cosmetics industry plans to use this compound to create an even wider range of products for the skin. For example, Purple Store, the France-based network of specialist CBD boutiques, recently announced that it would begin the development of cannabigerol-based products, which could range from cosmetics to wellness products. This announcement came after CBG was included in the EU’s database of cosmetics ingredients last year.
As more studies unearth the benefits of other cannabinoids, we will undoubtedly see sector players such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) developing new product ranges featuring those novel cannabinoids.
NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CNW420.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have questions or are you interested in working with CNW420? Ask our Editor
CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CNW420 is part of the InvestorBrandNetwork.