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Anyone who has been paying attention to the health and wellness industry knows that CBD oil is one of the hottest new products. CBG oil has also started to rise in popularity. Resin from the flower is processed and the CBD and CBG-rich oil is extracted and then added to a multitude of products.
Both hemp and marijuana indeed belong to the cannabis family. However, they have different applications. Marijuana has high THC and less CBD. Hemp, on the other hand, has higher levels of CBD and less THC. As a result, hemp flowers have less than 0.3% THC levels, which fall within the legal limits. That means hemp is non-intoxicating due to the negligible amounts of THC. But marijuana causes intoxication due to the high levels of THC.
Most CBD users and mainstream information sources often misuse the term “psychoactive.” They claim that CBD is non-psychoactive. To understand why CBD is psychoactive, we need to draw the line between intoxicating and psychoactive substances.
When talking about medically useful cannabinoids in medical cannabis, CBD usually is in the headlines. CBD helps in treating a range of health conditions, but it’s not the only helpful cannabinoid.
Some potential users shy away from hemp flowers because they think that it can only be authorized by a medical doctor. That’s not true. Anyone can use CBD hemp flowers provided they meet the legal age across the 50 states.
There’s a common misconception that CBD works better in higher doses. While there is no standard dose suitable for everyone, you shouldn’t take it in massive amounts. Depending on your body tolerance, CBD can be useful in small doses. In fact, there are claims that CBD is less effective in high doses.
The belief that it doesn’t matter where your CBD comes from is misleading. Well, all CBD from hemp indeed is the same, but that doesn’t mean all CBD products are equal. CBD from hemp is more effective than CBD isolate. Unlike CBD isolate, where all other compounds are removed, CBD from hemp contains flavonoids, terpenes, and other cannabinoids for more effects.
That means CBD flower has been used for about 10,000 years in various forms and purposes. Hemp is the first plant to be domesticated and used for clothing, rope, paper, and shoes and its seeds and oils for food and medicines.
Cannabidiol, along with a number of other chemicals found in cannabis plants, work naturally with a mammal’s cannabinoid receptor sites, which make up the endocannabinoid system (ECS) and which are found primarily in the brain and central nervous system.
CBD is manufactured into a great many different products but there is a reason for more beyond simply having choices for the consumer. There is CBD flower oil, CBD mentol roll-on, CBD flower gummies, CBD nugs for purposes of smoking, there is CBD vape juice for vaping and then there are a great variety of CBD flower creams, lotions and salves. A CBD lotion works for Paul but not for Mary. Mary gets results from gummies but not from salve. If you have a cut, salves or lotions will be better for healing. If you have arthritic joints, then you might receive more benefit from CBD roll-on along with sublingual CBD drops.
CBD flower oil binds to the CB2 receptor only which are throughout your body, but not to the CB1 receptors. Thus, CBD does not give you a high like THC does because it binds to the CB1 receptors of your Endocannabinoid System.
CBD is non-toxic all natural and non-psychoactive so you cannot overdose on it.
Scientists did a study in 2013 that revealed that CBD can successfully block the addictive effects of the pharmaceuticals for pain that so many get addicted to. This also applies to a 25% drop in deaths by opioid overdose when CBD is added to the treatment.
The National Cancer Institute studies suggest that CBD could reduce cancer cells from spreading on to other tissues in three different cancers — breast, colorectal, and lung.Cancer is bad but when it metastasizes that is worse. So with this news about CBD flowers reducing that possibility, there are many thankful people.
National Cancer Institute found that CBD flower oil can stimulate appetite as well as quiet nausea and vomiting. This makes it a viable resource to mitigate cancer treatment side effects.
CBD oil works most effectively when there is THC present even in low amounts. It is more effective also when all the compounds are present, including cannabinoids, terpenes and flavonoids. CBD also reduces the negatives of THC’s ingestion.
Veterinarians are beginning to use CBD oil to treat arthritis, pain from broken bones, digestive issues and stress for pooch. CBD is much less invasive for those fur friends as well as for us.
CBD derived from industrial hemp that has 0.3% THC or less is legal in all 50 states except 4 and in more than 40 countries. There are many who believe that hemp and marijuana are the same thing. But they are not. Marijuana is still illegal in most states.
Farm Bill 2018 federally legalized hemp with 0.3% THC. That is what spurred hemp cultivators to breed and cross breed hemp strains and grow their farms bigger and bigger. An increased demand for all things CBD put the hemp farmers on the fast tract to growing their hemp business. Currently 31 states have legalized farmers to grow industrial hemp.
Chocolate increases the effects of CBD flower when taken together. That is good news for all those chocolate lovers out there. But be sure it is raw dark chocolate with no refined sugars.
This one fact is the reason you should be consuming full spectrum CBD oil or CBD oil capsules (insert link) rather than CBD isolate. CBD isolate is pure CBD only either in tincture or in capsule form. But what makes CBD most effective is all the cannabinoids working together. CBD is also most effective when working together with all the other natural compounds such as flavonoids, terpenes, etc. Even the 0.3% THC has its part to play.
It is well known that hemp seeds are one of the most nutritionally loaded foods. Among the many nutrients and essential fatty acids include gamma linolenic acid (GLA). This is also a substance found in breast milk. If new mothers need to supplement their breast milk, an option with high sources of nutrition suitable for newborns and babies is hemp milk.
The “entourage effect” is no new piece of truth. It is the full spectrum CBD hemp flower effect because all the cannabinoids, terpenes and flavonoids are working together to produce a heightened experience.
If you are wanting an effective way to eliminate nicotine, it may be that CBD hemp flower effects will provide you will the route to another way of smoking with health benefits debut. Many nicotine smokers find that the smoking CBD hemp flower hemp effect successfully combats withdrawal symptoms.
Other evidence suggests cultivation further back by two or more thousands of years.
Benjamin Franklin used hemp in his paper mill – one of the country’s first – and the first two copies of the Declaration of Independence were supposedly written on hemp paper.
In general, hemp has strongest natural fiber of any source.
The crop also kills some weeds, purifies soil, and is suitable for rotation use, due not only to its short harvest cycle (120 days).
One acre of hemp produces twice as much oil as one acre of peanuts, and nearly four times as much fiber pulp (for paper) as an acre of trees.
It was used for ship rigging, military uniforms, parachute webbing, baggage and more.
Ford had a plan to “grow automobiles from the soil.” (Note: a company in France is experimenting with a similar vehicle in current day.)
Over 100,000 acres of hemp was growing in the U.S., but all related permits were canceled when WW II ended.
The most recent Gallup poll (from 2019), shows that 12% of Americans are active marijuana users, which is down slightly (from 13% in 2016). From 2013 to 2016, the number of people who use marijuana nearly doubled. Since then, the rate of use has stayed relatively flat.
The National Institute of Drug Abuse shows lower numbers compared to Gallup for their most recent survey (2018). That survey has 8.6% of individuals over 26 years of age identifying as having used marijuana in the past month (which correlates to the Gallup criteria for being a current user). This number is up from 7.9% in their 2017 study.
Analysts attribute this massive increase both to changing public perception, but also to the pandemic. More home-bound than ever, and with ongoing fear of shutdowns, people stocked up on cannabis to the tune of nearly $18 billion.
CBD is a broad category, and has hit mainstream since becoming federally legal in 2018. While marijuana users and CBD users may be different, it’s important to note usage in this group. According to Gallup, 14% of all U.S. adults use CBD. This jumps to 20% for those ages 18-29.
As of January 2021, 12 states have legalized the use of recreational cannabis (in addition to medical marijuana) for individuals over age 21: California, Alaska, Oregon, Washington, Maine, Colorado, Nevada, Vermont, Michigan, Massachusetts, Illinois, and Arizona (plus the District of Columbia).
According to a Gallup poll, support for legal marijuana is at an all-time high of 68%. Among 18 to 29-year-olds, that support rises to 79%. In 2018, 66% of all Americans supported legalization. The first time Gallup took the same poll, in 1969, just 12% of American held the same view.
Between 2018 and 2020, Republican support for legalization decreased (from 53% to 48%), while Democrat support jumped (from 71% to 83%).
Cannabis is also now legal in 34 states for medical purposes: Hawaii, Montana, Rhode Island, New Mexico, New Jersey, Delaware, Connecticut, Illinois, New Hampshire, Maryland, Minnesota, New York, Pennsylvania, Ohio, Florida, North Dakota, Arkansas, Louisiana, West Virginia, Oklahoma, Utah, Missouri. And the 12 states that also have recreational marijuana: California, Alaska, Oregon, Washington, Maine, Colorado, Nevada, Vermont, Michigan, Massachusetts, Illinois, Arizona, and the District of Columbia. Election day 2020 was big for medical marijuana: Mississippi voted to legalize medical, and South Dakota passed legislation for both med and rec.
Every year, analysts predict what the cannabis industry is worth. And every year that number exceeds expectations. The U.S. cannabis industry is now projected to be worth $100 billion USD by 2030. For reference, in 2019, Wall Street’s top cannabis analyst, Cowen Vivien Azer, predicted it'd be $80 billion by 2030.
Investments into cannabis brands, including capital raises, slowed dramatically in 2020. However, once dispensaries were deemed essential, investors showed renewed interest. $2.6 billion was raised in the first half of 2020 — a 67% decline. However, following a Democratic election, North American cannabis companies raised over $1.6 billion in January 2021 alone.
The 2020 Cannabis Industry Salary Guide from staffing agency, Vangst, found that most companies were planning to increase headcount in 2020. However, the immediate reaction once the pandemic swept the U.S. was to maintain or even reduce headcount.
According to Vangst’s survey of marijuana industry professionals, median salary for retail roles increased in 2020 (compared to 2019). Dispensary General Manager salaries increased by 13% and Director of Retail Operations saw a healthy 22% increase.
As new states enter the legal market, with it comes new cannabis workers. Vangst found that in the new states alone — Montana, South Dakota, New Jersey, Arizona, and Mississippi — 26,000 new jobs are expected in the next five years. Nearly 20,000 jobs are anticipated in New Jersey alone.
Every cannabis-related ballot measure in 2020 passed, including a few new medical markets, and several new recreational markets.
South Dakota was the first state to legalize medical and recreational marijuana at the same time. And with 1 in 3 Americans now living in legal states, the rest of the U.S. is facing pressure to legalize as well. Immediately after the election, with Joe Biden winning and Democrats taking control of the House and Senate, legalization conversations intensified. New York, followed by the rest of the Northeast, is making headlines with plans to move legalization forward, recognizing the economic impact and tax revenue of legalization and the desire to stay competitive with neighboring states.
In early February 2021, top Democratic Senators made waves with talks of legalizing marijuana federally. The conversation went from “if” to “when.” While any decision and corresponding nationwide changes would be slow, this proves to be the first time that conversations are likely to move past both the House and Senate.
Several top cannabis businesses, associations, and advocacy organizations joined to create the U.S. Cannabis Council (USCC). The mission of the council is to “align and unify its members’ collective voices to advance cannabis reform” and also to “focus on securing federal reforms that advance social equity and promote fair, safe, and well-regulated markets nationwide as states continue legalizing cannabis at a rapid rate.”
Cannabis consumers across the country are showing incredible support for legal marijuana in new markets and old. The stigma is fading away slowly but surely as cannabis sales skyrocket.
One of the most popular CBD products is vape cartridges, however, and the FDA has linked vaping to certain lung injuries and death.
While asset prices took a dip during the initial stage of the COVID-19 outbreak in March, the cannabis sector recovered swiftly after reporting impressive numbers. Even though cannabis investors have experienced some ups and downs in the last several years, 2021 looks more hopeful.
Cannabis has become an attractive option for people spending more time at home, both as a means of entertainment, and to reduce stress and anxiety associated with the pandemic.
States where cannabis is legal are now paving the way for cannabis sales, with California expected to pull in over $6 billion by 2021 alone. If federal legalization comes to fruition over the next several years, the already booming U.S. market could see further growth.
The European cannabis market has been on investors’ radar for several years, and with good reason—it is one of the largest cannabis markets in the world. In late 2020, the market experienced its biggest breakthrough yet, with the European Union ruling that products containing CBD (one of the most active ingredients in cannabis) are no longer listed as narcotics.
With a total addressable market of $2 billion and the potential to support up to 75,000 jobs, these new regulations could change the dynamic of the global market for the better.
Although CBD was once considered a niche product that could only be found in dispensaries, growing awareness of the benefits and safety of these products are causing companies operating in the consumer packaged goods industry to take notice. The cannabis compound is a new addition to a wide range of products such as skincare, makeup, and supplements that can now be purchased almost anywhere—from ecommerce sites to local grocery stores.
For example, preliminary research shows that CBG could inhibit cancer growth, help treat glaucoma, bladder dysfunction, and kill drug-resistant bacteria. These discoveries are not only attracting huge attention from the cannabis industry, but from the pharmaceutical industry as well.
Asian countries, such as China have a significant tradition of hemp production and exports, which has allowed these countries to dominate the global market in the recent past.
It contains nutrient-dense and fiber-rich seeds that have long been prized for their durability and adaptability. Raw, ground into meal and flour, or cold-pressed, both can be consumed raw.
Sources:
Saatva, Compassionate Healthcare of Florida, HempIndustryDaily, JDSupra, Modern Farmer, ACS Laboratory, Observer, RollingStone, Web Archive, Leafly, Cannabis Business Times, Syracuse Scholarlyoa, 3chi, Hemp Benchmarks, Cannabis Tech, NY Post, Gold Leaf