The hemp industry involves the extraction of hemp oil from raw hemp seeds before they are processed. Private label hemp supplements are available in either oil or capsules. The supplements have several health properties, including increased skin and eye health. Additionally, the supplements contain fatty and omega 3 acids, which are vital for the overall health.
Why You Should Want in on the Hemp Industry
For years, many people have used hemp in their diets and health regimens. Several people have also turned to imported products to meet the growing demand for hemp. Currently, real investment in this industry has elevated the economy and quality of life significantly. Moreover, hemp production already has its ground politically. For instance, the US farmers have pressured the government to help them restore the sustainable plant. Hemp production has increased in popularity since it contains an impressive amount of nutrients, fatty acids, and other things that can boost nutrition in humans and animals. The seed is now the preferred ingredient in many food, beauty, and health products. According to the Hemp Industry Association, the value of hemp-based products totaled to $700 million in 2017. This market value will keep growing, and the association expects the industry to be worth $3 billion by 2022.
The provisions of the 2018 Farm Bill have also increased the production of hemp. For many years, the US government included hemp among controlled substances but this has changed recently, making it readily available to be used in a slew of beneficial products. The 2018 Farm Bill determined that hemp is not a controlled substance, thus opening the gates to investments.
Benefits of Private Labeling
Private labeling allows entrepreneurs to come up with about any product idea. Third-party manufacturers produce private label products, which can then be sold under a retailer’s brand name. The retailer can then choose to display the product’s specification to increase his or her sales. The hemp industry has also ventured into private labeling. This turn is due to the significant advantages that come with private labeling.
With private labeling, you can have your own private label hemp supplement out in stores in a matter of months or even weeks. Especially through Private Label Liquids, which has low minimums and an in-house designer. You can pick from our various stock formulas and sell the product with your brands name on it. With Private Labelling Liquids, you have the opportunity to work hand in hand with our in house design a create a label for your product.
If you are interested in getting started on your own private label hemp supplement, fill out a contact form or call us today at 888-8666-5755