The stigma around marijuana has been steadily fading over the past years, with more scientific research finding ways to use only the best out of the plant. The year behind us has been stressful, there’s no doubt. CBD statistics indicate that more and more people have been reaching for CBD to cure their anxiety and insomnia that was getting out of hand.
Before we continue, let’s clarify what is cbd, as it is frequently misinterpreted. Cannabidiol (aka CBD) is one of the two main components of weed, and its powers could revolutionize how we treat chronic pain and various illnesses.
These CBD statistics for 2021 and facts will show you how many people rely on CBD, what they use it for, and why it’s so important. Today, CBD is available in all shapes and sizes. It’s time to dive into the next chapter of medical treatment and dip into the healing powers of weed.
Top Ten CBD Statistics for an Easy-Going 2021:
- CBD won’t get you high and that is the most overlooked of CBD facts.
- 40% of people use CBD products to relieve pain.
- CBD oil is effective against acne.
- CBD market trends indicate that the average CBD user makes between 50 and 75 thousand dollars per year.
- Almost 70% of those who use CBD also use THC products.
- 80% of people report using CBD at least once a week.
- CBD market projections show the consumer sales of CBD reaching 1.8 billion dollars in 2022.
- CBD statistics show that 37% of people prefer a less than 10mg concentration of CBD.
- 59% of people said they were likely to buy CBD and other marijuana-derived products, according to CBD sales.
- CBD can be effective in substance abuse treatments.
General CBD Statistics to Keep in Mind
Before we start looking into specific stats of the CBD world, let’s cover the basics. The next couple of stats will debunk some common misconceptions, and give you a general overlook of the CBD industry.
1. CBD won’t get you high and that is the most overlooked of CBD facts.
THC, or Tetrahydrocannabinol, is the main component of marijuana that has a psychoactive effect. In other words, it’s what gets you high.
CBD is the other main part of weed, but it doesn’t have any intoxicating effect. Instead, it only works on your body and has antipsychotic, anti-inflammatory, anti-anxiety, and anticonvulsant effects.
2. CBD market projections show the consumer sales of CBD reaching 1.8 billion dollars in 2022.
CBD sales numbers have been growing in the US since 2014 — both CBD direct sales and the CBD online sales. According to CBD statistics in 2019, this number was 813.2 million dollars, while it was expected to grow to 1.2 billion dollars by the end of 2020.
3. 14% of people reported using CBD products in the US.
The same statistics from 2019 show that 50% don’t use CBD at all, while 35% of people still aren’t familiar with CBD. As the CBD demographics go up from 30, fewer people know of and use CBD.
Only 8% of those over 65 reported using CBD. A stunning 49% weren’t even familiar with the product.
4. The CBD target market numbers show that 21% of people in the Western US use CBD.
This might be the region that uses CBD the most, as only 13% of people use it in the South. Only 11% of those living in the Midwest and East reported using CBD products.
Regional statistics about CBD sales in the USA have a lot to do with the fact that marijuana has been legal in most western states for a while, making CBD products available for a longer period.
5. 40% of people use CBD products to relieve pain.
For all of you wondering does CBD really do anything — pain relief is the number one reason for using CBD products. Treating anxiety comes in second, with 20% of people saying CBD helps them with that.
11% of people use it to sleep better or cure insomnia, while 8% treat arthritis pain with it. Only 4% said they used CBD recreationally.
CBD Benefits & Side Effects — What Does CBD Do?
Before we end this article, let’s reveal a bit more about the effect of CBD on its users and their health. How it works, what are the possible side effects users experience, and if it is worth your time.
6. CBD health statistics and data show that it can help relieve cancer pain.
(National Institute of Health)
In a study conducted by the NIH, it was found that patients treated with a combination of CBD and THC experienced significant pain reduction. The same results could not be achieved with just THC, making CBD crucial in cancer ailments.
7. CBD oil is effective against acne.
(National Institute of Health)
According to CBD oil facts, due to the anti-inflammatory properties of CBD, it may be crucial for dealing with acne. A study found that CBD oil prevented gland cells from creating too much sebum and stopped cytokines from creating new acne.
8. CBD can be effective in substance abuse treatments.
(National Institute of Health)
There have been tests performed on rats, and the results show that CBD reduced their dependence on morphine as well as their need for heroin. In humans, circuits related to addiction have been modified under the effects of CBD.
9. CBD usage statistics indicate potential side effects, though.
(National Institute of Health)
Most of the research we have on CBD treatment right now concerns epilepsy and psychotic disorders. In these studies, it has been found that CBD may have some common side effects such as fatigue, diarrhea, and changes in weight and appetite.
As well as that, CBD may interact with other medication to create the same side effects, making it essential to talk to your doctor before using CBD in combination with any medication you might be on.
CBD User Demographics — Who is the CBD Consumer?
Of course, we’re talking about the average consumer. Here are a couple of stats that will help you put together a profile of people who use SBD, who they are, how much they earn, and what their backgrounds are.
10. 55% of women use CBD products, according to the CBD sales statistics.
In comparison, only 44% of men report using CBD products. When it comes to CBD derived from hemp, the difference is even greater between the genders, with 59% of women stating they use those products.
Interestingly enough, it’s men who prefer THC products, with 52% reporting using them. Women fall behind in this category, with 48%.
11. CBD market trends indicate that the average CBD user makes between 50 and 75 thousand dollars per year.
Some 35% of users make more than that, while 36% make less. When it comes to hemp-derived CBD, slightly more users fall into the group that makes less than 40 thousand a year.
When it comes to those who use THC-dominant products, 4.1% of users are unemployed, marking the highest unemployment rates among those using any kind of variety of CBD and THC products.
12. Almost half of CBD users have a bachelor’s degree.
CBD demographics show that most users are well-educated, with only 1.3% not obtaining their high school diploma yet. The most common reply among respondents was that they had a degree, and the second most common one was that they had a two-year college education.
13. CBD facts reveal that 61% of CBD users share a home with their partner.
Those using CBD products are also most likely to be married, with 43% wearing a ring and 24% living with kids. The numbers are pretty similar between groups of those who use derived CBD or THC products.
14. 66% of CBD users are Caucasian.
This makes Caucasians most likely to be using CBD products and any derivations of CBD. The second largest group to be using CBD and its variations are Hispanic, with 11%.
However, it should be noted that these CBD user demographics aren’t necessarily accurate, as Hispanics tend to underreport CBD usage out of fear of persecution.
CBD Industry Statistics — Is There a Market for CBD?
Like everything that’s not traditional, this industry faces a lot of prejudice that comes from the mystery and the stigma that followed it for years. But, what does the CBD industry look like? Who is the target audience for CBD? Let’s find out!
15. Based on CBD trends, 55% of users get CBD at dispensaries.
Even though the majority get CBD products from dispensaries, 31% still prefer to get it through delivery services.
17% of users choose online shopping, while 8 to 9% of users get CBD from dealers, friends, and cooperatives.
Generally, THC products are more likely to be found in personal grows.
16. CBD market data show that 24% of users claim achieving the desired effects is their top priority.
The second-highest priority for purchase is the quality of the ingredients. This is followed by the price, concertation, and type of CBD.
CBD statistics state 18% of users said their highest priority was the type of CBD product they were getting.
17. Almost 70% of those who use CBD also use THC products.
Even though the majority of the surveyed people use THC products, they tend to spend less money on them.
Another 22.5% of those who use mainly THC products spend between $81 and $160 per month, while only 17% of CBD users spend that much monthly on THC products.
The CBD statistics are clear — almost half of all CBD users spend between 20 and 80 dollars a month on CBD products (44%), while only 1% of users spend more than 600 dollars monthly.
18. 80% of people report using CBD at least once a week.
Almost half of those who use CBD, 41%, report using it daily. Only 4% use CBD products less than once a month. Over the last couple of weeks, more than half of users have reported buying one or two CBD products, while CBD sales statistics say 17% buy three or more products in the same period.
19. 45% of users say they found CBD products very effective.
37% of those who use cannabis products found them to be extremely effective, while 16% described them as moderately effective. Only 2% said they were slightly effective, while less than 1% of users reported no effects.
20. CBD statistics show that 37% of people prefer a less than 10mg concentration of CBD.
25% choose products with 10mg of concentration, while 14% choose those with 11 to 15mg. Only 11% of those who use CBD products daily prefer concentrations between 26 and 50mg.
21. 59% of people said they were likely to buy CBD and other marijuana-derived products, according to CBD sales.
Out of those surveyed, 22% said they were somewhat likely to buy them, and 6% said it was highly unlikely. Additionally, 16% of those who stated it was unlikely they’d buy CBD products said it was because CBD does not get them high.
Does CBD really do anything?
Even though some may be skeptical about how effective CBD is, there is scientific evidence to support its popularity and use. Childhood epilepsy syndromes don’t respond to anti-seizure medications, but they do respond to CBD, for example. In most cases, it reduces the number of seizures, while it has been known to also stop them entirely.
Those who suffer from insomnia and anxiety may also find relief in CBD – it helps you relax, fall asleep, and stay asleep. CBD has also been found effective against chronic pain. Studies suggest that applying it to the skin may help reduce the inflammation caused by arthritis. It can also reduce neuropathic pain, one of the toughest types of chronic pain to treat.
What age group uses CBD the most?
Those who talk about using CBD the most are aged between 18 and 35. What may be surprising is that the older generation, 45 to 55, is also very vocal about their usage of CBD. This has a lot to do with the reasons people use CBD. Younger generations state they primarily use it for treating anxiety, while older generations need it for pain relief.
What is the market for CBD?
(Digital Authority Partners)
Due to continued research and consumer acceptance, the CBD market indeed exists, and it keeps on growing. The market started growing in 2018, and sales are expected to jump by more than 1.8 billion dollars by 2022.
With CBD being legal and backed up by science, it’s easy to see why these CBD statistics are so positive. We can expect the popularity to grow as more people become educated about its benefits and the stigma continues to lift.
CBD is recommended for anyone looking to relieve stress or pain, as it only affects the body and leaves the mind sober. Regardless of what form you get it in, it’s bound to give you exactly what you need.