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Writer's pictureNick Scannapieco

The Future of Therapeutics: Rising Interest in CBD & Kratom In The Wellness Industry

The wellness industry has been experiencing a surge in alternative therapeutic treatments, and two products leading this charge are CBD and Kratom. These natural remedies are gaining popularity for their potential therapeutic benefits, and as a sales leader in this field, let me take you through their rise. In this article, we'll explore the growing interest in CBD and Kratom in the wellness industry and share how WAAVE is streamlining commerce to benefit merchants in this thriving sector.


The future of Therapeutics


Wellness Industry & Alternative Treatments

The wellness industry has been booming, with increasing demand for natural and holistic remedies. CBD, or cannabidiol, extracted from the hemp plant, and Kratom, a tropical tree native to Southeast Asia, are touted for their potential therapeutic benefits. Both products have a growing following among health-conscious individuals seeking alternatives to traditional medicine to battle various symptoms.


Spotlight on Therapeutic Benefits of CBD and Kratom

As individuals in the wellness community, one may notice CBD and Kratom frequently emerging as significant topics of discussion. But why is that?

CBD and Kratom, both naturally occurring plant compounds, are capturing interest as they become subjects of increasing research efforts to better understand their potential implications and properties. Although they do not possess official therapeutic designations, their rising prevalence reflects the wellness community's expanding curiosity surrounding natural alternatives, illustrating a deeper engagement with emerging findings in the field.


Market Prospects: CBD and Kratom Transform the Wellness Industry

CBD and Kratom's growth spurt is unmistakable. According to Bloomberg, the global CBD market, for instance, is forecasted to reach a staggering $23.6 billion by 2030. The numbers speak for themselves, indicating an era of boundless opportunities for merchants venturing into this dynamic sector.


Streamlining Commerce with WAAVE: A Winning Combination

Tackling the soaring CBD and Kratom markets can be tricky. Enter WAAVE – amalgamating Compliance-as-a-Service software with a user-friendly payment processing platform. Beyond simplifying operations, WAAVE eliminates risks of penalties, lawsuits, or MATCH listing, ensuring business continuity.

Further, its transparency and speed enhance customer satisfaction and loyalty, boosting potential profits. WAAVE offers not just efficiency, but risk mitigation, safeguarding businesses in the dynamic CBD and Kratom sectors.


Riding the Wellness Wave into a Promising Future

The rising interest in CBD and Kratom signals a natural transformation in the wellness industry. With a growing number of consumers advocating for these alternative remedies, merchants keen on expanding their horizons are presented with a sea of untapped potential. WAAVE's seamless, compliance-driven, and customer-oriented approach ensures the future of the wellness sector truly dazzles. So, merchants, prepare to sail the wellness wave aboard the reliable vessel that is WAAVE! 


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