Agribusiness, Agriculture, Veterinary Medicine, Cassava, Garri, food security, Agritech and the Red Meat Value Chain.
Monday, November 21, 2016
Edibles for Pets.
Cannabis business owners may see pet care products as a wide-open market to increase sales, but regulations and uncertainty make it a hazardous opportunity.Americans spend more than $60 billion annually on their pets. As cannabis becomes more widely accepted as medicine, it’s natural that some people have begun to consider the market for cannabis-based medicines for pets.
A wide variety of products targeted toward pets have already been introduced, from treats containing CBD to whole-plant tinctures. Due to the huge pet care industry and potential for increasing revenue, dispensary owners might be tempted to stock these products. However, the potential legal implications, coupled with a lack of understanding of pets’ needs, make this a risky investment.
For thousands of years, cannabis has been used to treat illness in humans and animals. In Ancient Greece, a poultice made from cannabis was used to treat a variety of ailments in horses. As recently as 1920, a tincture made from cannabis was used to alleviate the pain associated with colic in horses. This treatment was administered with the full support of the American Veterinary Association. However, when marijuana was officially outlawed, these treatments lost support from the AVA. continue
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