
Since the Food and Drug Administration (FDA) removed cannabidiol, also known as CBD, from schedule 1 of the Controlled Substances Act in 2018, there has been a significant increase in CBD eCommerce in the United States.
Studies suggest that the CBD industry will see a sustained compound growth rate of 55% over the next few years, with the market set to reach a whopping $2.1 billion by 2030.
However, since CBD products are highly-regulated, it’s not easy to sell them online, and you need to adhere to a special set of rules and regulations.
WooCommerce is an ideal eCommerce platform for CBD sellers. However, even though you can sell CBD products with WooCommerce, Automattic — the parent company of WooCommerce, Jetpack, etc. — only supports the sale of CBD-related products under specific conditions.
You cannot use payment gateways like Stripe or PayPal to accept payments. This means that “WooCommerce Payments” prohibits CBD too.
Therefore, the real challenge lies in finding the right payment provider. Fortunately, there are several third-party payment merchants and even plugins that you can use to sell CBD products with WooCommerce.
In this article, we’ll talk about seven different payment solutions that permit the sale of CBD-related products with WooCommerce.
Continue reading WooCommerce: How to Sell CBD Products