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.
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