Please note: While cannabis, CBD, hemp, and other products have been undergoing a wave of legalization across the US, laws still vary from state to state. Since these products are so new to the market, regulation of them is still ongoing; even the FDA has only had time so far to approve prescription CBD products. Because of this, it’s important to find a reputable supplier. CBD buyers should look for:
Table 1 – Top U.S.-based Suppliers of CBD Oil
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.
Cannabidiol (CBD) oil is a chemical compound found in the Cannabis sativa plant. It is only one of hundreds of cannabinoids, but makes up for 40% of the plant’s extract, coming from the flowers and leaves. As CBD suppliers can tell you, CBD is becoming one of the highest growing homeopathic medicines and is well-known for its pain relief properties. Cannabidiol is non-psychoactive and CBD oils are made from extracting cannabidiol from the cannabis plant and then adding an emulsifier, commonly hemp or coconut.
Estimated Annual Revenue
Medical Marijuana is credited with developing the first legal supply of CBD, and also being the first publicly-traded CBD company in the United States. Founded in 2009, Medical Marijuana has eight brands of CBD products and four different subsidiary companies. Their products include CBD oils, as well as hemp foods, clothing, and body care products.
Confirming a product’s reliability and potency is dependent, in part, on the results gleaned from third-party CBD testing.
Perhaps the most crucial step to succeeding with selling CBD wholesale is finding a dependable supplier. Avoid selling something that you would not necessarily consider trying yourself. Low-quality products will reflect poorly on you as the wholesaler, so don’t cut corners to save yourself money.
Example CBD Suppliers
Just like any other industry, one of the most important metrics to consider when getting involved with CBD wholesale centers around points of distribution is how many different retailers stock the product.
Advantages: These types of retail stores are worth contacting if you are selling wholesale CBD products online. Scattered around most large cities, head shops boast existing clientele and a loyal local customer base.
According to a new Gallup poll, one in seven Americans are CBD consumers. With so many product options on offer, such as tinctures, vape oils, topical salves, and more, being a CBD reseller has potential to be a profitable venture.
Endoca is among the leading CBD oil companies and one of the largest CBD oil manufacturers by volume. The company is based out of Europe with an office in the US. It claims to manufacturer products from certified organic and natural cannabis (hemp) plants, grown and cultivated without pesticides or herbicides. Endoca produces hemp products such as CBD oil and other cannabinoids, and it grows, harvests, and processes its plants itself, using its own equipment and machinery to deliver the finished products. The company also has its own shipping and warehouse facility. Endoca’s next big step is to use solar energy as a sustainable source of power.
Elixinol is best known for manufacturing and producing high-quality natural and organic hemp products. The Elixinol Group’s portfolio includes three main segments: Elixinol Australia, focused on medicinal cannabis; Hemp Foods Australia, selling food products; and Elixinol USA, which markets dietary supplements. Elixinol USA is the group’s largest business, producing and distributing CBD nutraceuticals to the US market and to other countries including Brazil, Japan, Puerto Rico, and the UK. Elixinol is the first firm to launch a CBD product in Japan. Today, the company follows a disciplined approach to drive growth, backed by investment in production capabilities in Colorado.
IRIE CBD is one of the leading health and wellness products companies, focused on providing organic options for health and wellness and high-quality CBD hemp products at affordable prices. Its CBD products are sourced exclusively from non-GMO, organically grown, sustainable hemp to phytonutrient-rich hemp oils and terpenes. Last year, the company launched two new products, adding to its ever-expanding portfolio of CBD health and wellness products.
Medical Marijuana is an industrial hemp and cannabis-based products vendor. The company has become a market leader in CBD oil products manufactured specifically for nutraceutical, cosmeceutical, and pharmaceutical industries. Today, Medical Marijuana operates through various subsidiary companies, including HempMeds, Wellness Managed Services, Red Dice Holdings, CanChew Biotechnologies, Hempwire, Kannaway, HempVap, and HempMeds Brasil. In 2017, HempMeds Brasil, Medical Marijuana’s subsidiary, received authorization from the Brazilian government to sell its products in the country for the treatment of individuals with autism spectrum disorder (ASD), multiple sclerosis, and Alzheimer’s disease.
Aurora Cannabis is one of the top CBD oil companies in the world which primarily focuses on producing and selling medical marijuana products. The award-winning company also produces psychoactive products, such as THC. Aurora cannabis is all set to become the largest producer of CBD oil with its current production capacity potential to produce 570,000 kg per year. These production facilities position the company for a rapid response to growing demand for CBD oil in Europe and other global markets. Through its fully-owned cannabis distributor Pedanios, Aurora Cannabis has already been able to adhere to the GMP standards obligatory in facilities operating in the European Union.