The nuance isn’t that Shopify is getting into CBD; CBD is getting into retail.” Selling CBD via Shopify: How this leading e-commerce platform helped secure the future of CBD. Last month, e-commerce platform Shopify launched several tools for CBD and hemp merchants; previously only available to Canadian merchants within the last year. Since passing the farm bill in the United States in late 2018, which allowed for the farming and cultivation of hemp and cannabis, merchants from 40 US States can now sell hemp and CBD derived products via the platform - on the condition that they have FDA approval. Similar to the UK, which has strictly regulated CBD since 2001, unchanging the legislature that was written long before products came to market; the US has implemented more recent and strict laws. The harvest of ‘hemp’ must not contain more than 0.3% THC; as per the terms of the bill.
In using Shopify, CBD and hemp merchants will have access to shipping providers, payment processors such as Total Processing, and custom site design tools. Ranked the #2 shopping platform, replacing eBay and falling just short of Amazon’s ranking; Shopify follows an industry trend that is set to be worth $20bn USD by 2024. Since opening up the platform to Canadian merchants, 100 CBD and/or hemp orders were placed per minute within the last year. The CBD market is growing rapidly - particularly across the western world. When looking at the US and the UK, the demand for CBD, particularly across the female demographic, has risen to more than half of the population. Furthermore, 40% of Americans are interested in trying CBD and the demand for employees within the CBD oil sector specifically, has risen by 76% in one year. Britain itself stands to be the largest producer of legal cannabis worldwide with almost 50% of the world's legal output being produced within the UK.
However, it is important to note that most of this output goes into the production of the NHS Sativex drug for MS. Not only is CBD a growing market, but it is currently a popular marketplace today. Worth more than the Vitamin D and C markets combined, there are 1.3 million regular users of CBD in the UK. On a whole, 6 million used CBD on a temporary or one-time basis last year. With an approximated 1000 new users of CBD every month, it is easy to understand the rapid growth of the industry. In the states, 850 brands of CBD products saturate the market with more emerging each day. Though the sale of CBD products is only available to US and Canadian merchants, 24% of Shopify’s customers are international; arguing for the increase of these parameters and import sales from the #2 sales platform in the coming months. How We Can Help: Total Processing is a long-established provider in CBD Payment Gateways, processing solutions and merchant services to CBD businesses worldwide. Integrating to Shopify on behalf of merchants, the process could not be easier. With a network of 300 acquirers across the globe, our team of sales experts and developers will strive to ensure that merchants will never get shut down. Sources: 'CBD in the UK' a report by the Medicinal centre for Cannabis. Pure CBN isolate for sale in bulk and wholesale quantities from Bulkanna! Private and White label white label support for your brand can also be furnished upon request. Our Cannabinol isolate can be formulated into any number of finished products, similar to our finished CBD product lines. Contact us today to learn more about how to start designing your own custom CBN products or for more details on how to buy CBN direct from Bulkanna. Cannabinol (CBN) is a phytocannabinoid that is normally only present in very small quantities in newly mature cannabis plants. Rather, CBN is more commonly found within cannabis that has been heated or dried slowly via a curing process. This is because CBN is formed through the slow oxidation of the primary cannabinoid THC over time, therefore there is very little CBN present in freshly harvested cannabis. CBN acts as a partial agonist on the CB1 receptor, while expressing a slightly higher attraction on the CB2 receptor with regard to its effect on the endocannabinoid system. Cannabinol exhibits a sedative effect well known to cannabis users as well as showing additional promise in research areas involving the endocannabinoid system such as: sleep, bone growth, pain relief and appetite stimulation. CBN Isolate - Everything You Need to Know About Pure Cannabinol. Since its much-heralded arrival into the international mainstream, the cannabis plant’s two most abundant cannabinoids tetrahydrocannabinol (THC) and cannabidiol (CBD) have become household names around the world. Concurrent studies and reports by medical researchers have introduced very real possibilities of their integration into modern medicine, as well as their viability as an alternative to conventional drug treatments. Now medical science is exploring beneficial aspects of lesser-known cannabinoids, particularly cannabinol (CBN) and CBN isolate, for its own medicinal and therapeutic potential. Cannabinol is mildly psychoactive and is a unique cannabinoid in that it grows in concentration with the aging of cannabis.
This is due to the fact that as cannabis is exposed to oxygen and heat, its THC directly degrades into CBN. For this reason, CBN was thought to be little more than a waste byproduct until recent international studies proved otherwise. While CBN is present in extremely limited quantities across most commercially-grown strains, cannabis that’s been kept or aged awhile consistently shows higher levels of CBN. For this reason, hobbyists and researchers alike use older cannabis to explore the effects of this elusive minor cannabinoid. The most commonly available form of CBN extract currently on the market is CBN isolate. Isolate is produced via a variety of processes, including the refinement of extracts created by solvent or CO2 extraction. The isolation process strips out all secondary cannabis components from CBN — such as other cannabinoids, flavonoids, terpenoids and inactive compounds — to produce a flavorless and odorless final product with a CBN concentration of over 99 percent. There are two preferred methods of extraction across the cannabis industry when creating CBN isolate, solvent extraction and CO2 extraction. The first involves the use of solvents, such as ethanol, applied directly onto cannabis or hemp plant matter to separate out their cannabinoids.
While solvent extraction is cost-effective it does have one downside, namely the co-extraction of chlorophyll. Chlorophyll is green in color, bitter to taste and wholly undesirable in the production of CBN isolate, making it a priority for removal via additional refinement processes. CO2 extraction is heavily preferred by most mid- to high-end product manufacturers, and with good reason.