CBD is a New American Panacea

2,000 Americans took part in a new survey by the Harris Poll, Quartz. The study was to find out how people use CBD in the US now.

The CBD market predicted to reach $22 billion by 2022. New CBD stores and restaurants open every other week, so it may feel like everyone you know has used the substance at least once. This non-psychoactive marijuana component is widely used to treat anxiety, sleeping disorder, and other modern conditions.

However, the research revealed that 86% have heard of CBD while only 20% actually tried it. That’s probably because CBD is treated like a part of wellness routine rather than something you use at parties, even though 50% or respondents said they take CBD to relax.

Millennials make the largest audience of CBD consumers. 10% of people in the US aged 18-44 take CBD regularly, that’s twice more than the number of users over 45. Most of the frequent consumers are men (10% male participants confirmed they use CBD regularly.) Geographically, CBD products are more popular in the Western part, where over 20% said they have tried it.

It looks like the industry will be growing as predicted – 80% of respondents say they support CBD and accept it as an alternative to traditional medicine to fight pain and anxiety.

Among the concerns, respondents named little-investigated side effects (38%) and combining CBD with traditional drugs (33%). Some people are worried that legalizing CBD may lead to legalizing other drugs.

By Alex Malkin

Alex Malkin is chief editor at CBD Market, has deep knowledge in cannabinoids, and is an expert in healthy lifestyle and food supplements.

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