With marijuana flourishing into a big business in the US, a new segment of the market catering to aging and ailing pets has been growing under the radar. The legal weed market raked in $2.7 billion in revenue in 2014, and one estimate by the ArcView Group, a network that connects investors with cannabis startups, projects the industry to top $10 billion in sales by 2018.
Unlike its edibles for humans, Treatibles products, which are sold in dispensaries, aren’t made from marijuana but from hemp—the stem of the cannabis plant that’s low in the psychoactive component tetrahydrocannabinol, or THC, which produces that feeling of getting high. Hemp, however, does contain cannabidiol, or CBD, a chemical compound that alleviates pain. The US government also defines hemp as cannabis—not necessarily the stem—that measures less than 0.3% in THC, a threshold that allows its movement across state lines.
Read More at: Quartz