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Analysts predict CBD for pets sales to reach $125 million

Posted at 5:43 PM, Oct 22, 2019
and last updated 2019-10-22 20:57:23-04

HARKER HEIGHTS, TX — It is projected, over the next couple of years, that the CBD for pets industry will significantly grow.

When Jennifer McCann's dog Jumbo started showing signs of anxiety, she searched for a solution.

"He's just, he's a very hyper active dog and I've even spoken to a vet friend of mine that's out of town, and they told me different meds that they’ve prescribed to dogs for anxiety,” said McCann. “And after doing my research on those, decided that we'd like to take a holistic approach and made the choice to give him the alternative."

McCann decided to try CBD, a nerve and muscle relaxant, to see if it would help.

“Used the drops on his treat, so he already liked his peanut butter natural treats, and we put the drops of oil on there and you know, within 20 minutes or so he's just more calm," said McCann.

She is among a growing number of pet owners trying this approach.

"It's pretty usual at this point,” said Dylan Marshall with New Heights CBD. "A lot of people are choosing the natural alternative for a lot of different things. I would probably say about 40 percent of my business is pet oriented at this point.”

Analysts predict pet and animal CBD product sales will reach $125 million by 2022.

"I'm not surprised,” said McCann. “Again, it seems to be the trend around. Thank goodness people are looking into different ways to take care of themselves and their pets because when your pet's stressed out, you're stressed out."

Experts say when it comes to making the best decision for your pet, talk to a professional.