CBD manufacturers are the ones who have the technology necessary to extract CBD oil from the plant. Depending on the manufacturing facility, they can run multiple operations. Understanding these differences is essential for running your business.
Choosing between CBD oil suppliers is a difficult decision. That’s why Joy Organics is making the decision easy. We have everything necessary to set you up for success.
CBD Manufacturer vs. CBD Company
Joy Organics sells a variety of natural CBD oil products that are third-party lab tested for purity. We offer free shipping and low minimum orders on our vast catalog of broad spectrum and full spectrum hemp products. Every partner is assigned a personal account specialist who walks you through everything from choosing a logo to marketing your products. We build personal relationships to ensure your business goals are met!
A CBD oil manufacturer extracts the oil from hemp plants. They will provide a supplier (or distributor) with wholesale CBD oil. These distributors supply CBD companies with the oil needed to manufacture their line of products. Sometimes the CBD oil manufacturer, supplier and company are the same entity.
Understanding their technology and extraction methods is important for your bottom line, as these resources will impact the type of products you sell and how much the CBD oil will cost.
Below in Table 1 is a list of the top U.S.-based suppliers of CBD oil distributors and manufacturers. These companies are mostly located in the West, where CBD and other hemp-based products are easier to sell. Estimated annual revenues are in millions of U.S. dollars.
Top Domestic CBD Oil Suppliers
CBD oil is primarily used to relieve pain, reduce anxiety and depression, and is even used to fight symptoms in illnesses such as cancer, multiple sclerosis, and epilepsy. The passing of the Farm Bill in 2018 has made it easier to sell CBD products in the United States, although it is still not sold everywhere. The CBD market is one of the fastest-growing markets today. In 2016, Forbes reported that the market is expected to manifest a 700% increase in four years, reaching $2.1 billion by 2020. In this guide, we’ll be going over the top cbd companies, both domestic and global, to help you source for what you need.
If you’d like to learn more about the business side of things, including sourcing, regulations, and more, you can also check out our guide on how to start a cannabusiness.
Estimated Annual Revenue