19. Spruce CBD
Coming from quality-tested organic sources, CBD Pure’s oil is available in 300 mg, 600 mg and 1,000 mg dosages. While it’s a simple lineup, they have put a lot of investment into delivering a top-tier product, and provide plenty of information on their offerings. I tip my hat to them for being both straightforward and educational.
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Sensei CBD Bottle
18. Royal CBD
Nuleaf Naturals CBD Bottle
If you’re looking for the most potent CBD products, CBDistillery is the brand for you. CBD products come in a range of concentrations and potencies. However, the more potent your CBD oil is, the stronger its effects will be. If you’re looking for high-potency CBD products from a safe, reliable company, CBDistillery is an excellent choice.
FAB CBD has been selling a range of CBD products since 2017. The company’s mission is to create the best CBD oil products on the market by utilizing lab-tested, Colorado-grown hemp plants to produce its oils and extracts. To demonstrate its confidence in its products, the brand offers a 30-day money-back guarantee to every customer.
#3 Royal CBD: Best Full-Spectrum
Like many of the best CBD companies, Cheef Botanicals sources its hemp from Colorado hemp farms. It also utilizes lab testing from an independent, third-party lab, so you can be sure that your product contains the right dosage for your needs.
This company sells several types of CBD products, but its bestsellers are its CBD edibles. The company’s gummy candies come in several flavor options, including apple, orange, grape, pineapple, and strawberry. Its sweet, fruity flavors mask the bitter taste of pure CBD oil. Cheef Botanicals also sells tasty honey sticks for an even sweeter experience.
Some people do not mind the taste of pure CBD oil, while others would rather mask the earthy, bitter flavor with a CBD edible. If you have never tried CBD oil before, you may want to start with a CBD edible such as gummy candy or honey stick. However, keep in mind that edibles contain additional ingredients that may outweigh their health benefits.
The industry is now being strongly influenced by the following primary groups of competitors:
The US CBD market has made significant progress since the Farm Bill passed in 2018 and 2020 has brought unique challenges. Despite the social and economic impact of a global pandemic, the industry continues to show signs of strength with healthy consolidation, consumer spending, and investment in strategic marketing. Because the market has seen both sizable expansion and consolidation in 2020, the top 20 brands have technically lost share but still maintain the majority piece of a now much larger pie. As of July 28, 2020 the top 20 CBD companies make up over 17% of the total US CBD market.
Largest CBD Companies by Market Share
By leveraging a wide and growing distribution network through their franchise, wholesale and affiliate programs, they have been able to quickly climb the CBD company rankings. CBD American Shaman, a vertically-integrated operation, has a broad product line with over 70 SKUs from tinctures to edibles for both humans and pets. Specialty CBD Retailers have seen increased growth as more consumers enter the market and want high-quality product education during their in-store experience.
Medterra is a completely CBD-focused, THC-free brand with broad mainstream consumer appeal. Their focus on ensuring quality and consistency from seed to sale has led to rapid consumer interest. Additionally, they have leaned further into the medical positioning of CBD with their Medterra Clinical brand aimed at capturing more consumers at independent pharmacies and medical practices.
CBDistillery has created a robust online model with athletic sponsorships and influencer marketing, alongside accessible pricing. They have gained a s trong presence online and in independent pharmacies. They are particularly effective in addressing smaller, overlooked markets with tailored local advertising.