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The global CBD oil market will grow to almost $2.7 billion by 2022 with an estimated CAGR of more than 31 %, here are the top 10 CBD oil companies in the market This article ranks the top suppliers of CBD products in the United States and Canada by their annual revenue in order to better help you source a supplier. Also included are company summaries and headquarters locations. For those looking to sell CBD products, white label and private label CBD companies offer a quick and easy way to gain a foothold in the industry. Here are the key detail on the top white label and private label CBD companies.

Top 10 CBD Oil Companies in the World 2019

Cannabidiol (CBD) oil is all the rage these days with products offered by many leading CBD oil companies flooding the global market. Much touted as a panacea for multiple health problems from pain to anxiety and nausea, CBD oil is being added to a gamut of consumer items including vape oils, bath bombs, body lotions, and other beauty products. It is currently being sold online, in vape shops, by health food stores, and at some grocery stores. The global cannabis market is in the center of a much-needed transformation. Countries are reconsidering the legality of marijuana, there is an influx of research on the benefits of the plant, and various of new cannabidiol products are being launched by major CBD oil companies, and these factors have been giving the CBD oil market a boost in recent years.

Global CBD Oil Market Analysis

CBD has exploded in popularity over the past few years thanks to its wide-ranging medical benefits and absence of psychoactive effects. Indeed, the global CBD oil market accounts for the largest share of the global legal cannabis industry, which is the parent market for the CBD oil segment. As legal and regulatory barriers are being removed and consumer education is spreading across the world, Technavio’s market analysts estimate that the global CBD oil market will grow by USD 3.52 billion during 2020-2024 with an estimated CAGR of more than 32% over the next 5 years.

For information about the global CBD oil market size, top CBD oil companies, and the latest market opportunities and market trends, please see Technavio’s Global CBD Oil Market Report 2020-2024, or download your FREE Global CBD Oil Market Report Sample now!

View the report featured in this article.

Global CBD Oil Market Analysis 2020 – 2024

Top 10 CBD Oil Companies in the World 2019

CV Sciences

CV Sciences is a manufacturer and supplier of hemp-based phytocannabinoids such as CBD oil to the beauty care, pet care, nutraceuticals, specialty beverage, and functional food sectors. It is also a maker of pharmaceutical therapeutics. Formerly known as CannaVest, CV Sciences reported impressive growth and profitability this year that has demonstrated the power of its products and brand recognition with the CBD oil industry. The company PlusCBD product line is well positioned for mainstream approval and expanded distribution as the health and wellness sector continues to embrace CBD standardization and commercialization. CV Sciences recently increased its retail store count to 1968 organic health food stores, making it one of the world’s largest CBD oil companies.

ENDOCA

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.

Bluebird Botanicals

Bluebird Botanicals, also known as Gaia Botanicals, is an award-winning CBD oil company and a leading manufacturer of hemp CBD consumer products. Although the majority of its sales occur online, its products are also sold at its physical retail stores and other third-party retailers. For years, the company has been producing private label CBD products for other companies across the globe and also selling its pure extracts to businesses. Bluebird Botanicals currently has distributors in Japan, South America, and Europe, and the company is working to enter other regions too. Its products include oil extracts, vape items, CBD capsules, and pet products.

Download related report sample for FREE: Global Legal Marijuana Market 2018-2022

Isodiol International

Isodiol International has been developing pharmaceutical and health and wellness products for a long time, and today the company is supporting the pharmaceutical sector at large with its recently approved CBD products as an active pharmaceutical ingredient. The company is currently focused on the health benefits that hemp delivers and is actively marketing hemp-based consumer products and solutions. The company distributes its wide-ranging product portfolio through various channels domestically and internationally.

Medical Marijuana

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 (AC)

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.

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Download related report sample for FREE: Global Medical Marijuana Market 2020-2024

CBD American Shaman

CBD American Shaman is a producer of high-quality hemp oil that contains high amounts of CBD. The company has emerged as one of the largest companies in the CBD oil market owing to its dedication to move CBD out of the typical vape stores and smoke shops and to use CBD for bringing wellness to the world. American Shaman’s CBD oils are made from natural and organic industrial hemp that contains no GMOs, heavy metals, or insecticides and are 100% gluten-free. Its products include hemp oil for pain relief, CBD and terpene rich hemp oil tinctures, skin care products, and canine and feline hemp oil, and they contain high amounts of cannabidiol and natural pure CO2 extracts.

Canopy Growth Corporation

Canopy Growth Corporation is one of the leading medical marijuana companies that manufactures and sells CBD oil products through its well-known subsidiary Bedrocan. Bedrocan is touted as one of the world’s most experienced producers and exporters of legal medicinal cannabis with product lines containing five different cannabis strains. Canopy Growth Corporation recently increased its effort to market medical cannabis in the global market to Germany and Brazil. Its products include Bedrocan, a sativa plant type cannabis; Bedropuur, a tetrahydrocannabinol (THC) indica for THC extraction, Bedica, an indica dominant strain of cannabis; Bedrobinol, Bediol, and Bedrolite products, the sativa dominant strains of cannabis.

Elixinol

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

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.

Future of the Top CBD Oil Companies: CBD Oil Market Trends 2020 to 2024

CBD derived from marijuana and hemp is touted as having many health-promoting benefits. Vendors in the market have been offering CBD oil as prescription drugs to licensed medical practitioners. CBD oil has anti-inflammatory properties, and is used to treat epilepsy. Moreover, CBD oil has gained significant use among smokers who want to quit and want to minimize withdrawal symptoms. These beneficial factors are expected to contribute to CBD oil market growth over the forecast period. Identifying future growth opportunities, vendors have started focusing on product innovation to increase their consumer bases.

The rise in the number of internet users over the last few years and the ready-to-buy attitude of customers are boosting the popularity of online retailing. Indeed, e-commerce is all the rage these days for both business-to-consumer (B2C) and business-to-business (B2B) operations. This trend is encouraging several CBD oil companies to focus on the internet-savvy customer segment and explore the new online retailing format based on websites and portals. This mode of business will definitely help vendors reduce operating costs and overheads, which are lower in the online retailing format compared with the physical store format. Consequently, the massive growth in the number of online shoppers globally is helping companies grow in terms of sales of CBD oil products as well as profits through this channel.

Frequently Asked Questions in the Global CBD Oil Market

  • What is the current CBD oil market size?
  • What are the major challenges in the CBD oil market?
  • Who are the leading CBD oil companies in the cannabis market?
  • What are the CBD oil market trends?
  • What are the factors influencing the market shares of the Americas, APAC, EMEA?

All the detailed answers can be found in the following market report:

Top CBD Products Manufacturers and Suppliers in the USA and Canada

Cannabidiol, or CBD, is a compound hemp-derived compound. Compared with tetrahydrocannabinol (THC), CBD is non-impairing, meaning it doesn’t create a “high.” After the 2018 Farm Bill removed legal restrictions on CBD in the United States, it grew in popularity as a component of various consumer products, including but not limited to oils, tinctures, patches, supplements, and gummies. According to Grand View Research, the global CBD market size was valued at 2.8 billion US dollars in 2020 and is projected to expand at a compound annual growth rate (CAGR) of 21.2% from 2021 to 2028. The rising acceptance and use of products due to government approvals is a significant factor expected to boost the production of CBD-infused products. This article ranks the top suppliers of CBD products in North America by their annual revenues.

A note about these products: Since these products are still new to the market, their regulation is ongoing; even the FDA has only approved prescription CBD products so far. Because of this, it’s essential to find a reputable supplier. CBD buyers should look for:

  • Proof of testing from a lab with ISO 17025 standards.
  • A certificate of analysis (COA) showing the products have no pesticides, mold, or heavy metals and a THC level of .3% or less.
  • A lack of an FDA warning letter or bad reviews for the supplier.
  • Whether the supplier has made unrealistic or unsupported claims.

If you’d like to learn more about CBD and cannabis sourcing, regulations, and more, you can check out our guide on starting a cannabusiness.

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Top CBD Products Suppliers

This table contains information on the largest CBD product suppliers in North America according to a 2020 study, ranked by annual estimated revenue. Additional details on each company’s headquarters location are also included, as well as summaries of company activities below.

Company

Headquarters

Annual Est. Revenue

Colorado Springs, Colorado

Aurora Cannabis, Inc.

Brevard, North Carolina

Charlotte, North Carolina

San Diego, California

San Diego, California

Information from Thomasnet.com, dnb.com, and company websites.

Company Summaries

Folium Biosciences manufactures hemp and CBD products that include face masks, hemp oils, softgels, and CBD supplements and tinctures. They serve the supplement, cosmetic, personal care, and animal health industries.

Aurora Cannabis, Inc. is a Canadian licensed cannabis and CBD product producer. It is the second-largest cannabis company in the world by market capitalization and was founded in 2006. It is a publically traded company and its products include CBD oils and capsules.

Charlotte’s Web is a CBD supplier with a unique formula to other CBD products, with a high amount of cannabidiol and low THC (some products are THC free). The company was originally founded in 2011. Their product line includes CBD oil, gummies, capsules, and CBD products for dogs. Their CBD oils are also available in different flavors, such as mint chocolate, lemon, and orange blossom.

Gaia Herbs sells natural remedies and supplements, including hemp extract oils, sold in different sizes. Founded in 1987, they are a Certified B company committed to their environmental and social responsibilities. Their products are chemical fertilizer and pesticide-free and do not use GMO seeds.

CBDmd, Inc. was founded in 2015, and offers CBD tinctures, gummies, topical solutions, bath bombs, oils, and pet products. All of their products are free of THC and are third-party lab tested.

Isodiol International, Inc. is a manufacturer of CBD products. Their selection includes tinctures, oils, supplements, edibles, skincare products, E liquid additives, and beverages. They also have contract manufacturing services available. They serve the pharmaceutical, nutraceutical, and cosmetic markets.

Medical Marijuana, Inc. is credited with being the first publicly-traded CBD company in the United States. Founded in 2009, they have 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.

CV Sciences was founded in 2010 and focuses on two major markets: pharmaceuticals and consumers. CV Sciences sells various botanical-based CBD products for consumers and can be founded in health food stores. Their current pharmaceutical pursuits include the development of a cannabidiol-based medicine pending FDA approval. CV Sciences acquired CanX in 2015 and is developing nicotine and CBD gum to fight tobacco addiction.

CBDistillery was founded in 2016. Their line includes CBD tinctures, oils, capsules, isolate, and creams. Their CBD products are made from non-GMO industrial hemp with natural farming and contain no THC. Their products are also offered wholesale and are all tested by a third party.

Elixinol, LLC was founded in 2014. Their CBD products include tinctures, oils, gummies, topicals, and capsules. Their hemp is grown in the USA and their hemp products are manufactured in the USA.

Conclusion

Above, we ranked the top suppliers of CBD products in North America. We hope this information has been helpful to you in your supplier search. To learn more about these companies, or to make your own custom shortlist of suppliers, feel free to visit Thomasnet.com, which has information on other similar products.

7 Top White Label & Private Label CBD Companies

According to a 2020 survey conducted by SingleCare, 33% of Americans have tried at least one CBD-infused product. For those looking to sell CBD products, white label and private label CBD companies offer a quick and easy way to gain a foothold in the industry. This article highlights seven private and white label companies that deserve a spot at the top of your list of potential CBD product suppliers.

White Label vs. Private Label

First, let’s define the difference between white label and private label. It’s easy to get these two terms mixed up. In fact, many people use them interchangeably. But there’s an important difference. White label CBD products are standard formulations and configurations produced by a white label company for resale by multiple sellers. In theory, the exact product formulation could be sold under multiple brand names. As a result, white label CBD products are cheaper because the formulations aren’t specifically customized to your brand.

On the other hand, private label CBD products are designed and manufactured specifically for your company and no one else’s. The formulation is proprietary, custom-made to your specifications, and sold solely under your brand name. These products can’t be sold by anyone else. Since the formulation is proprietary, using a private label CBD company to produce your products is more expensive than using a white label company.

Top CBD Private Label and White Label Companies

There are many private label and white label CBD companies to choose from, and each has its own set of capabilities and benefits. We’ve hand-picked seven of the industry’s finest to provide a starting point for your search to find a quality CBD white label or private label partner.

1. BATCH

BATCH is a Wisconsin-based company with a deep respect for nature, transparency, and authenticity. The BATCH team is obsessed with quality, which is why they control their value chain from farm to the final finished product. This company is young, energetic, and innovative, which makes them a perfect partner for those looking to create a truly unique product. Best of all, their service is excellent and personable, so you know you’ll be taken care of. We can’t recommend them enough.

2. Joy Organics

This CBD producer is unique in a couple of ways. First, they offer a complete line of USDA Certified Organic CBD products, which can be challenging to find. Second, they sell their products under their own label and also offer a white label program for businesses interested in selling their products under their own brand. This can be especially useful if you’re interested in providing organic CBD products. The company makes it easy to get started with a relatively low $2,500 initial ordering threshold and only a $1,000 reorder minimum purchase requirement. Their minimum order quantity is only 12 units per SKU, making Joy Organics a great choice for companies first starting out.

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3. The Hemp Plug

This seed-to-shelf operation offers an extensive selection of white label and private label CBD options. The Hemp Plug has a wide range of product offerings covering all of the most popular categories, including tinctures, capsules, gummies, CBD-infused dog treats, and bath products. Their hemp is US-grown using only organic fertilizers. They’ve committed to growing without the use of chemical pesticides. In addition, the Hemp Plug offers a completely customizable menu of support options, including help with branding and product packaging. So you can lean on their industry expertise as little or as much as you need to as you’re getting your business started.

4. Folium Biosciences

Based in Colorado, Folium Biosciences is one of the oldest CBD manufacturers in the US. Their production facility uses proprietary extraction techniques to yield a range of high-quality CBD products. They offer a variety of white label products, including broad-spectrum hemp oils, salves, and soft gels. Folium Biosciences also has an extensive line of CBD-based products for dogs, including calming sprays and tablets and a hip and joint supplement. Many of their products are certified Halal and Kosher too.

5. CBD Hemp Experts

This Florida-based CBD company offers both private label and white label CBD products. CBD Hemp Experts manufacture all of their CBD products in FDA-registered facilities that are GMP-certified. So you know your CBD products are being produced in accordance with industry standards. All of their hemp is organically grown in the US. CBD Hemp Experts offers both THC-free and less than .3% THC products. They don’t have any minimum order requirements for their white label CBD products, making them an excellent fit for CBD businesses just getting started.

6. Neurogen

This private label CBD company prides itself on making it easy to custom create your own line of CBD products. Neurogen allows you to customize the flavor, strength, and extract for each product. The company sources its raw hemp from California farms and processes it in cGMP-certified manufacturing facilities (which use a more robust testing process than standard GMP). Order turnaround times range between 10-14 days, ensuring you can restock quickly. Their products are Kosher and Vegan certified too. Their minimum order value of $1,000 and minimum order quantity of 100 units make it approachable to offer CBD products tailored to your unique vision.

7. Partnered Process

Partnered Process is a 100% organic manufacturer with an extensive range of USDA Organic CBD products. Their Wisconsin grown, processed, and manufactured offerings include edibles, tinctures, and topicals. They even have smokable CBD hemp buds, joints, and vape juice. Partnered Process offers both white label and private label capabilities, allowing you the flexibility to start white labeling their pre-made products and then transition to creating your own proprietary CBD formulations as your business grows. They pride themselves on the freshness of their products, making them to order. A unique aspect of working with Partnered Process is that they allow bulk ordering for CBD and hemp oils. This makes it possible for more established CBD businesses to reprocess these preprocessed oils into tinctures, capsules, and other CBD-based products of their own.

Bonus: LaurelCrest

This Seattle-based CBD manufacturer provides both white label and private label CBD products. LaurelCrest offers the standard tinctures, soft gels, and balms but also features some innovative, less commonly seen CBD-infused products such as beverages, bath bombs, and cosmetics. Their raw hemp is grown in Oregon and processed in GMP-certified manufacturing facilities. As a result, each batch of CBD is traceable to the individual farm where it was grown.

Bonus: OP Innovates

OP Innovates is comprised of a group of industry experts with over 100 years of experience in the hemp, cannabis, and pharmaceutical sectors. Founder Annie Rouse describes OP Innovates as the “Intel of hemp/cannabis, making everyone’s brands more effective.” They have a unique proprietary delivery system called Naturia+ that just went through clinical trials with positive results. Their primary objective is private labeling their product into capsules, foods, and powders, but they can also make oils and topicals as well. You don’t want to miss this up-and-coming business!

Bonus: Grow with Redeem

Grow with Redeem offers both white label and private label products. They manufacture all of their own pharma-grade products from USDA Certified hemp in their cGMP facility located in West Columbia, SC. They offer full-spectrum (Optimal Spectrum) and broad-spectrum (Zero THC) tinctures, topicals, and gummies. Grow with Redeem can custom formulate unique products (private label) or provide white label customers with their market-tested Redeem Therapeutics brand with their labeling. They provide branding and label design services, private label stability testing, and offer options such as warehousing and order fulfillment. They have no minimum order size and have a passion for helping entrepreneurs launch their brands. Their goal is to partner with clients to help them build great brands.

Get Started in the CBD Industry Quickly With White Label and Private Label

The CBD industry is growing quickly, and partnering with a white label or private label CBD company offers an easy way to get started with your own CBD business. These seven quality CBD products suppliers offer a wide range of capabilities to choose from. Choosing a strong partner for your business ensures you’ll be in the best position to sustainably grow your customer base and expand into new markets.

We’ve worked with a variety of white label and private label CBD companies, helping them create packaging labels that stand out. Our team is happy to answer any questions you have about CBD labeling and help you choose the best type of label for your CBD products.

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