3 Cutting-Edge Technologies Driving the CBD Revolution
The CBD market is experiencing a rapid expansion, with various brands offering various products like CBD tinctures, oils, beauty products, and pet treats. Based on the current trends, the CBD market is set to cross the $20 billion mark by 2024.
However, technological innovations have played a huge role in the industry’s growth since the widespread legalization of marijuana products. The following technologies are at the heart of the powerful CBD revolution.
AI and Blockchain Technology
Artificial intelligence powers the automated production of cannabis in massive farms. The technology helps producers integrate and interpret data from automated systems of the farm. With AI-powered agricultural systems, farmers can automate different parameters like moisture, light, and growth environment.
In addition, AI supports Biotech firms when researching different CBD applications. These companies gather and analyze large amounts of data to develop better products. Similarly, blockchain systems have transformed the industry. The systems offer a tamper-proof ledger that tracks every phase of the production and development process to ensure optimum quality.
This ensures accountability and transparency as consumers can verify the purity and authenticity of their favorite products. With strict regulations on production practices and supply chains, blockchain provides the perfect framework to maximize trust among stakeholders.
Advanced Extraction Technology
Efficient extraction technologies are vital when processing hemp flowers. The cannabis plant contains various materials, so it’s critical to separate valuable compounds from undesirable materials.
Using multiple extraction techniques to sort various components is crucial since you’d lose volatile components without the appropriate technology. While it’s possible to achieve some formulations manually, advanced technology can simplify the process. Besides, hand-made formulations are seldom scalable, which can limit business expansion.
Deploying high-end extraction equipment can be expensive, but the end product is worth the investment. Typically, the products are more valuable on the market since the quality is unmatched. The extraction procedures are well documented to guarantee quality and consistency. Ultimately, the technology helps brands achieve outstanding progress and generate profit.
Apps and Ecommerce Platforms
E-commerce platforms and mobile apps are transforming the Cannabis sector, offering quick access to products. Traditionally, you had to walk into a physical store to buy products. But in the digital age, you can click here to purchase the products from your phone or computer.
With helpful features like user reviews and personalized recommendations, the platform enriches the shopping experience of CBD users. Most importantly, some brands offer virtual consultations to provide professional advice and product recommendations. Since modern consumers value convenience and accessibility, CBD-specific apps and ecommerce platforms are a key element in the market.
Endnote
The cannabis sector is thriving thanks to numerous technologies that enhance the quality and availability of products. Most CBD brands invest in cutting-edge innovations to boost efficiency and remain competitive. In addition, the solutions ensure optimum product quality and global access. Since cannabis was legalized a few years ago, it’s safe to say the industry is still young. This means there’s more to come in terms of tech innovations to fuel growth and support the market.