The Definition, Scope And Market Structure Of CBD Products In India

Adam Fitness
personAdam Fitness
January 06, 2025
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The Definition, Scope And Market Structure Of CBD Products In India

What is your opinion when you hear the word CBD? We believe that for some people it is associated with intoxication substances and for some people who have awareness regarding the medical use of CBD, it has been used for various medical health treatments and wellness. The basic factor about CBD is that the people are getting really aware about the miraculous benefits of CBD which is enhancing and growing the market of CBD to a great extent in the entire part of the world. In countries like India where people who were less aware about the use of CBD products have actually started getting educated and knowledgeable with respect to great benefits one can get through using CBD in various health and wellness related concerns.

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Definition of CBD:-

When we talk about CBD then it is related to Cannabiodil, which is also a non- psychoactive compound. The products made up of cannabidiol are also known as CBD products and the market related to selling such products is considered to be a CBD market. The market of CBD products consists of the companies who are manufacturers of the CBD products and the people who indulge in the sales of the CBD based products.

Scope of CBD Market in India:-

In india the scope of CBD market is still limited in comparison to other western countries as in India the complexity of selling and manufacturing the CBD products is limited and have a great quantity regulation as in India, one can not sell the CBD products which are used for the purpose of intoxication which consists of hemp products such as vape, hash, weed, marijuana and so on and is considered to be illegal. If we talk about the major scope of CBD products in India then the same is entitled with respect to use of CBD products for the purpose of medical use like health and wellness related CBD products.

Market Structure of CBD products In India:-

The market structure of CBD products in India is limited and consists of following categories such as:-

  • Medical cannabis
  • CBD products
  • Recreational cannabis
  • Pharmaceutical cannabis

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    The Definition, Scope And Market Structure Of CBD Products In India

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