The CBD industry is still considered to be growing and it is regarded to be one that is very different from other industries. As per studies and statistics, the industry in the United States is expected to reach $47 billion by the end of 2028. Even though a majority of people are drawn to the CBD industry for the same reason, making profits out if this industry is a tedious task if you work on it without proper knowledge.
Even though the growth of products used to make CBD oil and cannabidiol hemp oil was legalized under the Farm Bill in 2018, most people do not have a clear idea about CBD and the health benefits that come with it.
Current Growth of CBD Industry
During the past few years, there is a steady rise in the buying and selling of cannabis by marijuana companies. Several studies and statistics have pointed out that the demand for marijuana is estimated to be at $52.5 billion. Even though CBD industry of the United States is witnessing a huge growth, it is happening mostly across the border regions and overseas. The CBD wholesale industries are expected to offer a lot of employment opportunities to people and it is estimated to increase by 3,40,000.
Cannabis and Higher Education
Nowadays, attending online courses and getting certification is no big deal. Many cannabis-related programs and training companies have emerged in the United States over the past few years. The programs provide more knowledge about cannabis – its extraction, application, and benefits.
There are many online courses on cannabis that offer in-person training which helps people to emerge as entrepreneurs and employees in the cannabidiol industry. In addition to this, these courses also give more knowledge to people who are already in this business and teaches ways to build their CBD business more effectively. For instance, CBD courses help people take important decisions like whether they want to open an oil dispensary or if they are looking forward to working for a cannabidiol processor. Most of these courses would issue certificates that designate your certification for the course.
These kinds of improvements have given way to more learning opportunities by various institutions, most of which offer various courses related to cannabis. They also offer effective training to understand the effects of cannabis and the business processes associated with it. The Northern Michigan University is one such institution that offers degree courses in Medical Plant Chemistry for its students.