Though it鈥檚 currently less than one billion dollars, the CBD industry in the United States is growing at an exponential rate. As new sellers and eCommerce storefronts emerge on the CBD horizon, it鈥檚 crucial for business owners and shipping teams to understand the best ways to distribute their products, from manufacturer fulfillment to safe shipping practices.
Many companies assist in the fulfillment and shipping of CBD products, and it鈥檚 essential that you choose one with a reliable reputation. As the demand for CBD products continues to grow, so does the need for quality CBD fulfillment services.
In this guide, we鈥檒l discuss:
- An overview of CBD products and industry growth, so you know your shipping restrictions as it pertains to your product
- Legal factors to keep in mind, including shipping requirements
- Choosing a CBD fulfillment center
- Shipping carriers that will ship your CBD products
- What to consider before shipping CBD products
As we conclude, you should have a firm grasp of how to ship your CBD products to comply with regulations and how to ensure you鈥檙e choosing the best fulfillment and shipping methods to keep your consumers coming back for more!
CBD Product Overview and Industry Growth
There鈥檚 no doubt that CBD products are experiencing a rise to stardom. There are plenty of options for CBD-lovers to choose from dog treats to makeup. Today, there aren鈥檛 many places that don鈥檛 carry CBD products in some form, and you鈥檒l find them everywhere, including your local supermarket and gas stations.
Projected Growth of the CBD Industry
CBD is experiencing increased legalization and benefits awareness, and it鈥檚 not significant retailers alone that are cashing in on the CBD product boom. Local, smaller, brick-and-mortar retailers and plenty of eCommerce stores are also taking advantage.
If you currently own a retail store, whether your storefront is online or on the main street of your town, you should consider stocking CBD products. Here are a few growth statistics to convince you.
In the United States, the CBD market, in its entirety, is expected to reach.
More than have tried one or more CBD products, and out of that percentage, one out of seven uses a CBD product every day.
In 2019, that 49% of consumers had bought CBD products in their local drugstore, while 47% took to the internet to make their purchase.
Based on these recent statistics, you can see how the CBD industry might be something to consider if you haven鈥檛 already. Since you鈥檙e here, we鈥檙e guessing that you have sold CBD products at one point or are preparing to launch an online store specializing in or featuring CBD products.
Breaking into the CBD Industry
Dipping toes in the CBD industry is tempting for pretty much every business owner, which is why you鈥檒l find major clothing retailers like Old Navy stocking CBD-infused lip balm on their cash register counters. However, before you commit to your own CBD business, you have to do your research.
Because CBD is clearly more than just a trend, many regulations come with choosing to sell CBD products. It would be best to familiarize yourself with the legalities and safety protocols for shipping CBD products.
Defining CBD Products
Cannabidiol, known to most of us as CBD, is one of the active components in the cannabis plant. Over the years, many people have hailed CBD to alleviate many medical symptoms, from seizures to anxiety, while eliminating the THC (tetrahydrocannabinol), or the psychoactive compound in cannabis.
Before writing your product descriptions, you should know that the FDA will step in if your CBD-infused product claims to cure, treat or alleviate disease symptoms. Many CBD retailers make the wrong choice here, resulting in the inability to continue selling and possible fines. You can read more about .
CBD products, also known as 鈥渉emp鈥� products, are cannabis-derived products that contain less than 0.03% THC. These products are legal at the federal level in the United States, though you鈥檒l want to check your state regulations as well. There are state-specific laws by which you鈥檒l have to abide.
Ingredient List Regulations
If you plan to sell your CBD products to the public, and we鈥檙e assuming you do, you鈥檝e got to comply with regulations pertaining to your ingredient list. Products that include hemp, much like alcohol, have legal limits regarding the number of certain ingredients present within the product.
When talking about CBD products, those quantity limits refer to THC. Some states within the U.S. require the amount of THC present in hemp products to be at 0%, and it鈥檚 essential to comply. In reality, your testing practices must be perfect regardless of where you live. As long as the CBD in your hemp products is under 0.03%, it is not considered a federally controlled substance.
NEXT WEEK: Preparing to Stock and Ship CBD Products
Now that we鈥檝e given you a brief overview of the CBD industry and its expected growth and a brief concerning what you can legally distribute, we鈥檒l begin next week to get you ready to stock and ship your CBD products safely. While CBD is legal to ship, there are certain factors you must keep in mind to ensure that you鈥檙e complying with the necessary protocol.
黑料社 sets your business on autopilot and combines flexible, reliable fulfillment with powerful, real-time technology. 黑料社 has multiple fulfillment centers across the US and Canada鈥� making it easy to manage your eCommerce business. For more information on how to set your business on autopilot, contact one of our fulfillment specialists today.
