No one can deny that CBD and kratom are both having a major moment right now. Although they are different from one another, fans don’t despise comparing them all the time. Kratom and CBD are both used for medicinal and recreational purposes. However, there is a clear demarcation between the two plants. Here, in this article, we will compare the trends of their respective markets. Continue reading until the end:
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Net Worth
It is important for you to know that kratom has a net worth of $360 million, which is expected to cross the $1 billion mark near the future. The thriving popularity of this plant has compelled manufacturers to enhance their production levels. Contrary to this, the CBD industry is worth $1 billion and is expected to cross the $5 billion mark in the next five years. CBD industry is thriving because it is a mainstream compound now. Experts suggest that the net worth of both of these plants is underrated because much of them are also traded in the black markets.
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Number of Consumers
Despite negative criticism, kratom has over 160 million fans around the globe. Research says that 5 million Americans use kratom every day. Contrary to this, CBD stands concrete with over 400 million fans across the globe. The number of consumers is increasing because of the skyrocketing demand and the improvement of this compound as a medicine. It is expected that more than half of the world will be using CBD and kratom for various reasons in the next ten years.
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Legal Status
Not to forget, kratom is illegal in most parts of the globe because of health effects and is regarded as a controlled substance. It is because of its widely debated legal status that most vendors sell it online such as Kratom Crazy, the golden monk, happy hippo herbals, etc. On the other hand, CBD enjoys massive popularity by enjoying legal status in over 30 different countries across the globe. A lot of other countries are planning to join the bandwagon to legalize this compound.
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Uses
Owing to its incredible benefits for human health, CBD is used for a variety of reasons across the globe. The staggering net worth of this compound is because of the variety of CBD products available in the market. Today, CBD is used to make food items, edibles, snacks, beverages, desserts, and skincare products. Contrary to this, kratom is regarded as suitable for people who are suffering from obesity. The variety of kratom products is less, which is why it hasn’t registered itself as a mainstream herbal product in the market.
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Health Benefits
Kratom has no proven health benefits for the body, which is why experts suggest people to keep away from it. This plant has several side effects such as anxiety, nausea, vomiting, bloatedness, lung infection, kidney failure, and a lot more. Contrary to this, CBD has several proven health benefits for this compound, which is why a lot of people use it as a suitable medicine. Furthermore, since both herbs are cheap, a lot of people use them for recreational and medicinal reasons.
