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cbd facts

As the market for CBD products and public interest overall continues to grow, more and more consumers are seeking out reliable information regarding CBD itself. To help set the record straight, here are ten important CBD facts that you should know.

As if the growing market for CBD weren’t already obvious enough, a recent study by BDS Analytics projects the overall market to reach and surpass $20 billion by 2024. This constitutes a compound annual growth rate of 49 percent, making the total market for all cannabis products (CBD and THC) reach $45 billion by 2024.

CBD Facts You Need to Know

At the time of this writing, only one cannabis-derived product has been approved by the FDA: Epidiolex, a drug containing CBD, is administered to patients two years of age and older as a treatment for seizures. The FDA currently prohibits the marketing of any CBD product as a treatment for any disease or condition and emphasizes that some manufacturers of CBD products are not abiding by FDA standards and are potentially putting consumers at risk.

While sometimes used interchangeably, CBD oil and hemp oil are different. While they both come from hemp, CBD is derived from mostly the flowers or buds – although full plant extracts use the entire plant. Hemp seed oil, on the other hand, is derived solely from the seeds of the plant and contains no cannabinoids.

CBD is a negative allosteric modulator of CB1, the cannabinoid receptor to which THC directly binds. This reduces THC’s binding affinity to that receptor, thereby diminishing some of the effects of THC. Studies have demonstrated that users report feeling less anxious and less euphoric overall when administered a combination of CBD and THC as opposed to THC alone.

As the hype around CBD increases, consumers are finding a wide variety of ways to consume it. The most common forms of CBD products include oils, tinctures, cosmetics, topical creams, gummies, chocolate, powder and off-the-shelf beverages. You might also come across food and beverage establishments adding CBD to cocktails, coffees and shakes.

It’s reasonable to expect that CBD will continue to flourish in 2019. The 2018 Farm Bill paved the way for businesses and consumers to get more involved. Projections for the industry, and projections from individual businesses, point to a robust industry unfolding before our eyes. Everyone will be watching the FDA to see how they proceed in regulating the market – and how states and cities will follow their guidance.

The extraction method directly impacts the quality of the oil you purchase. Steve Raack, an industry expert and CEO of Vitalibis, explains why. “Hemp is a natural, yet delicate, plant full of amazing elements,” said Raack. “When creating a premium, full spectrum oil, it’s essential to extract CBD, and other plant compounds, without causing damage during the process. If the cannabinoids or terpenes are destroyed or damaged, then the product will have less efficacy or will require added flavors to mask the taste.”

8. The purported health benefits are remarkable

The potential of CBD is exciting for business owners and consumers alike. In the past few months, I’ve become involved in the space when I invested in Nature Box, a healthy snack startup. Our line of CBD snacks are poised to become one of the most popular snacks we offer. Initial interest in our prelaunch has been staggering. For consumers, CBD has the potential to be a great source of healing and daily wellness.

However, the FDA (Food and Drug Administration) has not legalized CBD for sale as a supplement. The agency has stated it wants more information on CBD and time to consider how it might regulate production, marketing, labeling, distribution and dosage recommendations. I'll update this as more laws are passed.

CBD oil is an oil that contains Cannabidiol. CBD is extracted from the cannabis plant and usually combined with a base oil (often olive, coconut or MCT).

Hemp oil is extracted from the seeds of the hemp plant and should not contain CBD, or any other cannabinoids. Hemp oil is associated with its own list of health benefits.

According to the National Cancer Institute, CBD can be used to stimulate appetite while at the same time limiting nausea and vomiting, making it a helpful digestive aid for those fighting illnesses that decrease hunger.

In a 2013 study done on rats, scientists found that CBD can successfully block the addictive effects of highly addictive painkillers such as morphine. Specifically, CBD reduced the pleasure of morphine, making it seem like less of a reward.

The body’s endocannabinoid system is a massive network of cell receptor proteins that deal with just about anything the body is or does, including mood, memory, motor control, immune function, reproduction, pain perception, appetite, sleep, and bone development, to name but a few. Because CBD oil works naturally with the ECS, the list of things CBD could potentially benefit is huge.

When it comes to treating illnesses, anxiety, cancer, depression, and epilepsy are just the beginning.

CBD is also becoming more and more available for use on dogs, cats, and some other animals. Veterinarians are finding that CBD oil can be useful in treating things like arthritis, stress, digestive issues, Type 1 diabetes, broken bones, cancer, and even aggression, among other things.

As you read this, several states are working hard to make CBD oil available to children and adults suffering from epilepsy, a neurological disorder that causes convulsions and/or loss of consciousness. This is due to CBD’s anticonvulsant properties, which are being tested for use against neurodegenerative disorders, inflammation, and even cancer.

CBD, along with THC, is one of the two main ingredients in both hemp and cannabis plants. CBD is found throughout the seeds, stalk, and flowers of the plant, and is therefore easily extracted.

CBD oil has been available in the UK as a “nutritional supplement” for quite awhile, but recently it has been reclassified as a “medicine.” This means that the British government has begun to formally recognize CBD’s many health benefits, a significant fact considering recreational cannabis is still illegal. It also means that CBD will likely be put through the same rigorous tests and trials as other medicines.