Pets Archives - Green Market Report

StaffAugust 24, 2021
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10min18860

Editors Note: This is a guest post. 

Whenever your pet gets sick, you try your best to help him/her get the best medicine so they can regain their health right? We’re the same way. We have some of the best CBD pet products for your furry friends. CBD is a therapeutic compound that is derived from hemp plants. It is non-psychoactive. Thus, your pet will not get high from using these organic products.

CBD can affect the activity of the brain in pets, thus reducing stress and anxiety. Studies by veterinarians show that CBD is safe for cats and dogs. However, more thorough research is underway to determine more benefits of CBD on our furry friends. There is a wide range of CBD pet products on the market and it is up to you to find the best product that will specifically help with your pet’s condition. 

 

Are CBD products safe for dogs?

Although CBD has many benefits for our pets, it is very important to administer the right dose so your dog can reap maximum benefits from the treatment. The amount of CBD given to dogs depends on the weight, the CBD milligrams present in the product and the reasons why your dog needs CBD treatment in the first place. To safely use CBD for dogs, we recommend you start with a small dose and slowly increase using the product’s dosing guidelines. Alternatively, you can check the package for instructions on usage. CBD pet products are safe for dogs and will not intoxicate them.

As you are already aware of, CBD products come in many different forms. This makes it easy to administer to pets depending on their characteristics, preferences and lifestyle. 

 

CBD pet product types include;

  • CBD oil

 

CBD oil is usually an easy way of administering CBD to your dog because it has a dropper that helps give accurate doses. Moreover, CBD can be easily absorbed into your dog’s body if administered under your furry friend’s tongue, mouth or cheeks. Additionally, you can put the CBD oil in their treat or food. 

  • CBD pet treats

 

Many pets enjoy getting tasty treats, which makes this one of the best ways of administering CBD. These treats contain CBD oil which will help your dog get the therapeutic benefits it needs to get better quickly. 

  • Capsules

 

With this method, the CBD oil is suspended in a capsule. This is a popular option of administering CBD oil on pets that hate the taste of CBD oil. Moreover, this method is great when travelling as the CBD capsules are easy to carry and administer. They are not messy either. However, the capsule will not have quick effects compared to other methods. You can administer the capsule by placing it in a tasty treat or inside your pet’s mouth. 

  • CBD topical pet products

 

Pet owners can directly apply the CBD oil on their pets’ skin. Topical application of CBD can reduce or prevent aches and skin problems. It is more effective if placed in a non-hairy part of your pet’s body. Moreover, you must prevent your pet from licking the area for about 50 minutes. 

 

The most effective and high-quality CBD pet products for Dogs?

  • Honest Paws Wellness Bites

This product is best for boosting your pet’s immune system to prevent those seasonal allergies. They are coconut-flavoured and will melt in your dog’s mouth, making them happy and healthy at the same time. It helps the dog remain calm and improves cognitive function as well. It goes for $23.99. The directions for use are in the package. 

  • Honest Paws Relief Bites

This tasty CBD for pets treat is flavoured with turmeric which has been mixed with full-spectrum organic CBD. Ingredients used are oats, coconut oil and turmeric. This treat will improve your dog’s mobility, heart health and reduce joint pains. The recommended dosage and instructions for use are found on the package. The package also goes for $23.99. 

  • Honest Paws CBD Oil for Dogs

This CBD oil will boost the overall health and immune system of your furry friend. It will also improve joint health, induce calmness and reduce inflammation. The oil can be directly added to their food or administered into their mouths using the dropper. This CBD oil ranges from $38.99 to $77.99. 

  • Honest Paws Calm Bites

As the name suggests, these calm bites will prevent your dog from being anxious. It is flavoured with peanut butter and contains safe ingredients and full-spectrum CBD. You can administer this treat every day or during those stressful situations when your dog is really anxious. This treat goes for only $23.99. 

  • Honest Paws Mobility Soft Chews

This soft chews product has been made with organic CBD and will calm even the most anxious pet. As the name indicates, the product is made up of soft and delicious treats that can be easily chewed. It goes for $37.99. 

 

What are the benefits of CBD on pets?

  • CBD reduces vomiting

CBD can stimulate appetite in our furry friends while reducing nausea and vomiting. Moreover, it can reduce nausea and vomiting. There is strong research that backs up the fact that CBD is antiemetic.

  • Anti-inflammatory benefits

Studies indicate that CBD reduces pain because it has neuroprotective qualities which plays a huge role in relieving pain. This is one of the main reasons why it has gained popularity worldwide and can be used to treat or manage many conditions.

  • Anti-anxiety benefits

Your pet can also suffer from stress, anxiety or phobias. CBD can make people relax and calm down. CBD reduces anxiety and depression, allowing your pet to enjoy their lives without stress. 

  • CBD reduces seizures

 

CBD is known to reduce seizures, spasms, tremors and tics. CBD can help to manage seizures in epileptic dogs and cats. Veterinarians have begun exploring the uses of CBD on pets. CBD treats pain and anxiety in pets. It can also reduce stress and digestive problems in animals. Moreover, it comes in many different forms, making it easy to administer to our furry friends.


Investor PlaceApril 12, 2019
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7min39230

By Aaron Levitt, InvestorPlace Contributor

Marijuana stocks have been all the rage as legalization for medical and personal use has expanded. Leading the way is superstar Canopy Growth Inc. (NYSE:CGC). CGC has been riding high as it continues to see rising sales and has racked up some major deals with blue-chip companies such as Constellation Brands (NYSE:STZ).

There’s a reason why Canopy could be one of the marijuana stocks first real winners on the race to profitability. Part of the reason is that Canopy is forward thinking. Just as it made some of the first moves into cannabis-infused drinks and other products with its STZ partnership, it’s doing so with its latest deals. That will have it front and center in the animal and pet health marketplace. Don’t laugh. Petcare is a booming and thriving business. Fertile ground for marijuana stocks to profit. And now, Canopy Growth has the chance to be the leading cannabis stock in the sector.

A Big Market for the Marijuana Stocks

It’s no secret that Americans love their pets. A 2012 Harris Interactive survey found that 9 out 10 respondents viewed their companion pets as a member of the family. The survey also found that these respondents were willing to do whatever is necessary to ensure the health of their pet. And in that love and willingness, many Americans tend to spend almost nearly as much money on them as we do our own children.

The American Pet Product Association data shows that annual expenditures by consumers for their pets have grown in each of the last 18 years. This includes during the Great Recession. Last year alone, Americans spent a whopping $72.56 billion on their pets. This includes $18.3 billion on veterinary care and $15.5 billion on supplies and over-
the-counter medicines. This year, the APPA estimates that number will surge to more than $75 billion. The truth is, American’s are very willing to spend on their fur babies.

What does this have to do with marijuana stocks? While cats and dogs are very different than people, they do benefit from some of the same treatments for ailments. A lot of feline and canine drugs have been derived from their human counterparts. For example, our vet prescribes half a Benadryl tablet for our dog when his spring allergies start.
With that, it stands to reason that dogs and cats may benefit from similar positive health-effects from cannabinoid and hemp-based CBD products. Already, several studies are underway with the both Colorado State University and the University of Pennsylvania School of Veterinary Medicine looking into CBD treatments for pets with osteoarthritis/joint pain and epilepsy. Meanwhile, just as there is a big and growing market for human supplements using CBD, there’s massive potential for pet products as well.

For the various marijuana stocks, this is a huge untapped market that they certainly can compete in, now that the Farm Bill has passed and hemp-based CBD is legal in many items. For Canopy Growth, the potential seems very big considering its recent moves.

Canopy Growth Could Be the Leading Marijuana Stock for Pets

CGC is poised to win in the booming pet care market thanks to another smart partnership. Around the end of March, Canopy cut a deal with Sequential Brands Group. The deal with Sequential puts CGC right into the thick of the pet care market as the collaboration focuses on the pair developing new hemp-derived cannabidiol (CBD) products for
animals. The deal was sort of swept under the rug as other marijuana stock news was breaking around that time. But in the deal, was a huge coup for Canopy. And that was Martha Stewart.

Yes, that Martha Stewart. The homemaker and entertaining queen provides plenty of brand cache for Canopy as she will become a strategic advisor on the firm’s pet and hemp-product lines. Stewart has long been a pet advocative and her chow chows have become stars in their own right. With her on board, sales for whatever CGC develops could quickly find a foothold and command some high market share in the CBD pet product sector.

One of the chief reasons why Canopy has been crushing other marijuana stocks has been the strength of its celebrity and major corporate partnerships. The firm has been able to get out in front of some major trends — like CBD-infused drinks — and has been able to capitalize on that with big deals. Pets and animal health will be no different. By adding Martha to the mix, it legitimizes its future products and gives it a major edge on supermarket shelves. That’s something other pet-focused marijuana stocks like Medical Marijuana, Inc. (NASDAQ:MJNA) or CannTrust Holdings(NYSE:CTST) may not be able to match. All in all, it’s just another reason why CGC is pulling away from the pack.

Forget the Other Marijuana Stocks

The reality is, the cannabis sector is quickly turning into a one or two horse race with Canopy leading the way. The firm continues to make major transformative deals to get itself out in front of major trends. It’s under the rug deal with Sequential Brans puts it right front and center in a huge and growing market. The branding with Martha Stewart will only enhance that further. For investors, it’s just another example of why CGC is the cannabis stock to own.

As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities.


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