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At 21.5% CAGR, CBD Oil Market Size & Share | Cannabidiol Oil Industry Report, 2020-2025 | Covid-19 Impact Analysis

In its latest report on CBD Oil Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.

Cannabidiol Oil (CBD Oil) Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025.Cannabidiol Oil Market is valued at USD 23.37 Million in 2018 and expected to reach USD 1068.54 Million by 2025 with the CAGR of 21.5% over the forecast period.

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The detailed market intelligence report on the Global Cannabidiol Oil (CBD Oil) Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Global Cannabidiol Oil (CBD Oil) Market place for the forecast 2019- 2025.

The Benefits Of CBD Oil For Sleep Disorders And Insomnia

One of the most important components of life is sleep. The way we sleep at night largely influences the behavior and performance we provide the next day. More and more people are suffering from a form of chronic sleep disorder. Specialists believe that certain medication can  contribute to insomnia, especially as this disorder is a frequent side effect of antidepressants.

On the other hand, people who are taking sleeping pills, to get rid of insomnia, can become addicted to these drugs. This state of dependence appears when the treatment is stopped. Symptoms like tremors, nausea, anxiety, changes in blood pressure, muscle cramps may then occur.

Since drugs generate addiction and can lead to abuse, people are looking for natural options to minimize the negative effects. In this sense, cannabidiol has become a viable medical alternative. Here is how CBD is not only a healthy alternative to sleeping pills but it can counteract many factors that cause sleep disturbances.

What is Insomnia?

Insomnia is the sensation of inadequate or poor repose due to problematic sleep, frequent night awakening with difficulty in falling asleep again.

Insomnia is classified as:

  • Transient (short-term) – lasting from one night to a few weeks;
  • Intermittent (appears and disappears) – where the episodes appear from time to time;
  • Chronic (constant) – insomnia occurs in most nights, at least three times a week for more than a month.

Insomnia may occur due to emotional, neurological or medical disorders as well as a result of stimulant medications or alcohol/drug addiction. 

insomnia too

What Illnesses Can Insomnia Hide?

In most cases, insomnia is based on psychiatric pathology, ie neurosis (depression, anxiety) or psychosis (schizophrenia and related disorders). Insomnia also occurs in thyroid disorders, alongside depression and appetite disorders.

Insomnia may appear in patients with adrenal gland disorders, as well as patients with advanced cirrhosis when hepatic encephalopathy occurs. Last but not least, this disease occurs in patients with cardiac pathology, especially due to decompensation in the evening or at night.

How Does CBD Work?

CBD works through the endocannabinoid system (ECS). In our body, this system produces its own cannabinoids. ECS regulates processes such as our mood and appetite, as well as our perception of pain.

CBD interacts with the endocannabinoid system and its receptors having numerous beneficial effects as research results suggest.

CBD Oil

Image source: Pexels.com

The Effects of CBD on Sleep

CBD is a constituent of the plant called cannabis. Another constituent of this plant is THC. Both substances are known for their beneficial effects. However, THC also has a psychoactive effect, unlike CBD. Hemp plants contain a high CBD concentration.

Several studies have shown that CBD can have a medicinal effect on a wide range of health problems. One of these problems is insomnia. CBD not only makes sleeping easier but also influences the sleep cycle.

Sleep divides into several cycles with different phases. Insomnia occurs during the rapid eye movement (REM) stage, called REM parasomnia. In this phase, active behavior and nightmares will take place during dreams. This is a category of sleep disorders that involves behaviors, emotions and abnormal movements. It is also characterized by loss of muscles’ capacity to relax during REM sleep.

Cannabidiol has strong anxiolytic, anticonvulsant and sedative effects. CBD oil has the ability to control these disturbing symptoms because it directly affects CB1 receptors in the brain, an important receptor that is responsible for multiple actions of the central nervous system.

In addition, CBD decreases the duration of REM sleep. By reducing this phase, people dream less, memory improves and symptoms of depression are lowered. Blood tests have shown that CBD oil influences dopamine levels in the blood during sleep. This leads to a better, relaxed sleep alongside lower destructive behavior.

In sleep disturbance, the same component called CBD, by its anxiolytic effect, blocks anxiety states induced in REM sleep state, which makes a person suffering from this disorder have a longer sleeping time; therefore, recover fast from damages provoked by previous insomnia episodes.

Recommended CBD Oil Dosage in Sleeping Disorders?

The first thing to look for, when decided to consume CBD oil, is its purity. This applies in any case, regardless of the medical disorder encountered. If it is not in its pure state, containing 100% CBD oil, this treatment may have weaker results. Moreover, when it is not in a pure state, this oil may comprise other chemicals which promote allergies.

Hellomello.life offers lab-tested, 100% natural CBD oil which may come in handy in treating sleep disorders and insomnia. Unlike other medical treatments, this CBD oil does not give addiction and does not have other side effects on brain chemistry, in neither short or long-term.

For sleep disorders, the recommended CBD oil dosage shall fall between 40 mg-160 mg of CBD taken orally. The exact amount taken depends on the user’s body weight and tolerance, as well as the concentration of CBD per ml of oil. The higher the body weight, the greater is the dosage of CBD oil.

In some cases, users develop a tolerance to the consumption of CBD oil, meaning that once ingested effects take longer to appear. In this case, it is advisable to increase the usual dosage.

Final Thoughts

Cannabidiol (CBD) is a component of Cannabis sativa plant that has an extensive range of potential beneficial effects in neuropsychiatric and other disorders. Insomnia is among disorders that finds its cure in CBD oil.

Sleep is very important for the body’s recovery and if this becomes insufficient it can affect your health. The main cause of insomnia today stays the stress, which in the long run remains harmful to the body.

Among the most common reasons for using CBD oil is the effect of relieving stress and anxiety. Cannabidiol has great efficacy in relaxing the mind, reducing stress and inducing calmness, being a good solution to combat insomnia and sleep disorders.

Can Opioids Be Replaced By CBD Oil?

Perhaps one of the more compelling arguments for legalizing medical cannabis is the fact that evidence heavily suggests that it is able to provide most of the benefits of widely-used opioids without the potentially lethal side effects that come from misuse.

Opioids are currently the most-abused type of prescription drug in the United States. In 2017, 47,000 Americans died as the result of opioid abuse, from drugs sourced from both legal and illegal sources. However, it’s difficult for many American medical professionals to avoid prescribing opioids due to the effectiveness of these drugs at managing pain.

This is exacerbated by the fact that pharmaceutical companies have been found complicit in lobbying for the wider use of these classes of drugs, which has led to unnecessary prescriptions and an increased potential for abuse. A number of cities have even sued the pharmaceutical industry for causing the crisis.

However, we already have a powerful equivalent to opioids for pain management that carries fewer side effects and reduced potential for abuse in medical cannabis – specifically cannabidiol, better known as CBD oil.

While medical cannabis, in general, has been found to have uses for the type of pain management normally treated by opioids, adoption has been slow thanks to fears and misconceptions about the psychoactive effects of cannabis, specifically its active ingredient tetrahydrocannabinol, also known as THC.

In the course of decades of medical cannabis research, it has been found that CBD has most of the benefits of THC, without the strong psychoactive effects that normally come with it. The potential for abuse is also much reduced from regular cannabis with THC, which in itself is already lower than the abusive potential of most opioids used for pain treatment.

CBD Oil and FibromyalgiaReasons CBD Oil hasn’t replaced opioids

So why hasn’t CBD oil been more widely adopted? Ultimately it has to do with the incredibly complicated nature of cannabis. Cannabis plants contain more than 500 chemical compounds. Isolating these compounds can be difficult and expensive, and it’s hard to recreate findings of previous studies create controls for studies involving cannabis due to the sheer complexity of the plant. Different strains of cannabis and varying levels of different chemicals in each strain can also affect different people in different ways.

There are also new discoveries made about cannabis that may dissuade its more widespread use. For instance, it was found that even relatively small doses can irreversibly alter the brains of teens, which may mean that in the near future, doctors may not prescribe cannabis for teens and young adults.

Conclusion

Even with these setbacks, however, it’s safe to say that CBD oil will likely have a role to play in helping solve the opioid crisis, though not by itself. The crisis is multifaceted, with economic and social angles to consider, which make it unlikely that any single solution will be workable.

Instead what is more likely to work might be a multi-pronged solution that involved weaning opioid abuse victims off drugs with different types of therapy as well as preventing the potential for abuse by substituting opioids with CBD when possible for pain management.

 

 

The Benefits Of CBD Oil For Sleep Disorders And Insomnia

One of the most important components of life is sleep. The way we sleep at night largely influences the behavior and performance we provide the next day. More and more people are suffering from a form of chronic sleep disorder. Specialists believe that certain medication can  contribute to insomnia, especially as this disorder is a frequent side effect of antidepressants.

On the other hand, people who are taking sleeping pills, to get rid of insomnia, can become addicted to these drugs. This state of dependence appears when the treatment is stopped. Symptoms like tremors, nausea, anxiety, changes in blood pressure, muscle cramps may then occur.

Since drugs generate addiction and can lead to abuse, people are looking for natural options to minimize the negative effects. In this sense, cannabidiol has become a viable medical alternative. Here is how CBD is not only a healthy alternative to sleeping pills but it can counteract many factors that cause sleep disturbances.

What is Insomnia?

Insomnia is the sensation of inadequate or poor repose due to problematic sleep, frequent night awakening with difficulty in falling asleep again.

Insomnia is classified as:

  • Transient (short-term) – lasting from one night to a few weeks;
  • Intermittent (appears and disappears) – where the episodes appear from time to time;
  • Chronic (constant) – insomnia occurs in most nights, at least three times a week for more than a month.

Insomnia may occur due to emotional, neurological or medical disorders as well as a result of stimulant medications or alcohol/drug addiction.

What Illnesses Can Insomnia Hide?

In most cases, insomnia is based on psychiatric pathology, ie neurosis (depression, anxiety) or psychosis (schizophrenia and related disorders). Insomnia also occurs in thyroid disorders, alongside depression and appetite disorders.

Insomnia may appear in patients with adrenal gland disorders, as well as patients with advanced cirrhosis when hepatic encephalopathy occurs. Last but not least, this disease occurs in patients with cardiac pathology, especially due to decompensation in the evening or at night. 

How Does CBD Work?

CBD works through the endocannabinoid system (ECS). In our body, this system produces its own cannabinoids. ECS regulates processes such as our mood and appetite, as well as our perception of pain.

CBD interacts with the endocannabinoid system and its receptors having numerous beneficial effects as research results suggest.

CBD OilImage source: Pexels.com

The Effects of CBD on Sleep

CBD is a constituent of the plant called cannabis. Another constituent of this plant is THC. Both substances are known for their beneficial effects. However, THC also has a psychoactive effect, unlike CBD. Hemp plants contain a high CBD concentration.

Several studies have shown that CBD can have a medicinal effect on a wide range of health problems. One of these problems is insomnia. CBD not only makes sleeping easier but also influences the sleep cycle.

Sleep divides into several cycles with different phases. Insomnia occurs during the rapid eye movement (REM) stage, called REM parasomnia. In this phase, active behavior and nightmares will take place during dreams. This is a category of sleep disorders that involves behaviors, emotions and abnormal movements. It is also characterized by loss of muscles’ capacity to relax during REM sleep.

Cannabidiols have strong anxiolytic, anticonvulsant and sedative effects. CBD oil has the ability to control these disturbing symptoms because it directly affects CB1 receptors in the brain, an important receptor that is responsible for multiple actions of the central nervous system.

In addition, CBD decreases the duration of REM sleep. By reducing this phase, people dream less, memory improves and symptoms of depression are lowered. Blood tests have shown that CBD oil influences dopamine levels in the blood during sleep. This leads to a better, relaxed sleep alongside lower destructive behavior.

In sleep disturbance, the same component called CBD, by its anxiolytic effect, blocks anxiety states induced in REM sleep state, which makes a person suffering from this disorder have a longer sleeping time; therefore, recover fast from damages provoked by previous insomnia episodes.

Recommended CBD Oil Dosage in Sleeping Disorders?

The first thing to look for, when decided to consume CBD oil, is its purity. This applies in any case, regardless of the medical disorder encountered. If it is not in its pure state, containing 100% CBD oil, this treatment may have weaker results. Moreover, when it is not in a pure state, this oil may comprise other chemicals which promote allergies.

Hellomello.life offers lab-tested, 100% natural CBD oil which may come in handy in treating sleep disorders and insomnia. Unlike other medical treatments, this CBD oil does not give addiction and does not have other side effects on brain chemistry, in neither short or long-term.

For sleep disorders, the recommended CBD oil dosage shall fall between 40 mg-160 mg of CBD taken orally. The exact amount taken depends on the user’s body weight and tolerance, as well as the concentration of CBD per ml of oil. The higher the body weight, the greater is the dosage of CBD oil.

In some cases, users develop a tolerance to the consumption of CBD oil, meaning that once ingested effects take longer to appear. In this case, it is advisable to increase the usual dosage.

Final Thoughts

Cannabidiol (CBD) is a component of Cannabis sativa plant that has an extensive range of potential beneficial effects in neuropsychiatric and other disorders. Insomnia is among disorders that finds its cure in CBD oil.

Sleep is very important for the body’s recovery and if this becomes insufficient it can affect your health. The main cause of insomnia today stays the stress, which in the long run remains harmful to the body.

Among the most common reasons for using CBD oil is the effect of relieving stress and anxiety. Cannabidiol has great efficacy in relaxing the mind, reducing stress and inducing calmness, being a good solution to combat insomnia and sleep disorders.

How To Use CBD Oil For Fibromyalgia

According to the NFA (National Fibromyalgia Association), about 10 million people in the States suffer from fibromyalgia. This chronic condition is manifested through pains, aches, exhaustion, stiffness, tender areas, and sleeping issues.

The standard treatment for fibromyalgia includes several types of prescription medications including pain relievers, antidepressants, and anti-seizure medications. However, these drugs are known to result in unwanted side effects or, in some cases, they prove to be completely inefficient.

For these reasons, many people suffering from fibromyalgia turn to alternative solutions such as CBD.

CBD for Firbro

What Exactly is Fibromyalgia

Fibromyalgia is a chronic condition which manifests through pains in the bones and muscles, chronic fatigue, and tender areas. The symptoms of fibromyalgia are subjective and the causes are not yet clear and, for that reason, it is often incorrectly diagnosed as another disease.

Doctors and medical researchers still don’t know the exact cause of fibromyalgia, but they have been able to determine several factors that might work together to cause it: genetics, stress, trauma, infections, as well as certain diseases like rheumatoid arthritis and lupus. Gender can be another risk factor since 80%-90% of all fibromyalgia patients are women.

Since there aren’t any objective, reproducible tests, many medical professionals deny the existence of fibromyalgia as a separate disease. Still, the number of doctors who accept it as a real disorder is growing and researchers are working actively to understand it and find a more effective treatment.

While there is still no pharmaceutical drug specifically made for fibromyalgia, the FDA has approved 3 pre-existing prescription drugs for treating moderate to severe fibromyalgia symptoms: the antidepressants duloxetine (Cymbalta) and milnacipran (Savella), as well as the anti-seizure medicine pregabalin (Lyrica).

Additionally, doctors may also write “off-label” prescriptions, which aren’t officially approved, but may treat specific fibromyalgia symptoms in certain patients.

While these often work as effective pain treatments, they still don’t always pinpoint patients’ symptoms. Plus, they often come with undesirable side effects, and patients might quickly build a tolerance to them.

Many doctors believe that certain lifestyle changes and natural supplements may be even more effective in treating fibromyalgia than prescription drugs. One of these alternative solutions is CBD oil. CBD oil is appealing to fibromyalgia patients because of their anti-inflammatory properties and less frequent occurrence of side effects.

What is CBD?

CBD (cannabidiol) is one of the 100+ compounds found in the cannabis plant. When used in very concentrated forms, like CBD oil, cannabidiol offers a number of health benefits.

Still, many people refuse to use CBD due to previous negative experiences with marijuana. It’s important to note that CBD is not psychoactive and won’t make users high. The compound that has mind-altering properties is actually THC (tetrahydrocannabinol), another compound found in the cannabis plant.

While THC triggers a release of dopamine, CBD interacts with the endocannabinoid system, which helps regulate mood, pain sensitivity, and sleep.

Can CBD Help with Fibromyalgia?

Even though extensive research regarding the efficiency of CBD for treating fibromyalgia is lacking, the initial results are quite promising.

Research conducted in 2013 suggests that CBD can relieve pain caused by various conditions that involve chronic pain including fibromyalgia, multiple sclerosis, migraine, irritable bowel syndrome, and arthritis.

The effectiveness of CBD in relieving pain is explained by its ability to interrupt the pathways that send pain signals to the brain. In addition, CBD binds with neurotransmitters in the human body called endocannabinoids, thus changing the way humans process pain.

CBD also has anti-inflammatory properties which help reduce swelling and heat caused by diseases or injuries which, in turn, alleviates pain.

These anti-inflammatory properties leave a huge connection between CBD and fibromyalgia, as it is generally regarded as an inflammatory disease and, as such, experts advise the use of treatments that specifically target inflammation.

Evidence proving CBD’s anti-inflammatory properties have spurred more research on how it affects symptoms of chronic and acute pain, as well as how it impacts inflammation and neuropathic pain. For instance, one 2012 study found that CBD reduces inflammation by turning off receptors that would sharpen pain sensitivity, while one 2009 review concluded that CBD was a strong enough source of pain relief that it could be used as a powerful adjunct to pain medications.

Plus, as chronic pain has become the biggest reason why people use CBD, quality brands are recognizing that this condition can refer to a variety of conditions by creating specialty CBD products. In this case, CBD specifically formulated for fibromyalgia is an option.

For example, Every Day Optimal offers Fibromyalgia Relief CBD Capsules, which are made with 25 mg pure CBD per capsule, along with 60 different vitamins and minerals proven to help the onset of fibromyalgia symptoms, including alpha lipoic acid, magnesium, and Acetyl L-Carnite.

This product is ingested in capsule form, making it a convenient way to naturally boost the endocannabinoid system with beneficial phytocannabinoids.

Still, more research is necessary to understand how CBD can help with fibromyalgia. Scientists are trying to understand why CBD works in some patients while it fails to help others. They’re also debating whether the compound should be used alone or in combination with THC in order to boost its health benefits.

How to Use CBD Oil for Fibromyalgia

Since the FDA hasn’t approved the use of CBD for medical purposes, there is no official RDA (recommended daily allowance) or prescribed dosage of CBD for fibromyalgia. The dosage depends on various factors including the person’s weight, age, metabolism, diet, genetics, as well as the severity of the condition and the consistency of the CBD oil itself.

As with any supplement or medication, it’s recommended to start with a small dosage and increase gradually.  Begin with a single drop of CBD oil on the first day of use to allow the body to adapt. Carefully observe if there are any negative reactions and, if that’s not the case, increase the dosage to two drops. Continue increasing every week or so until you notice the desired results.

It’s also recommended to discuss the use of CBD for fibromyalgia with a medical professional who is knowledgeable about both the condition and CBD.

Finally, make sure to obtain your CBD oil (or any other CBD product) from a quality source. Ideally, this would be your health provider but if you’re ordering online, look for brands that offer certificates of lab tests and list the amounts of CBD and THC on their label. This way, you’ll maximize the health benefits and minimize the side effects.

Are There Any Side Effects from CBD

Even though the side effects of CBD are rare, some people have reported the following:

  • nausea
  • dizziness
  • drowsiness
  • dry mouth
  • diarrhea
  • fatigue
  • changes in appetite
  • anxiety
  • mood swings

Is the Use of CBD Legal?

Even though several US states have legalized the use of CBD, it’s still illegal at the federal level.

All CBD products derived from industrial hemp are legal in all 50 US states, whereas CBD products obtained from marijuana are legal for recreational use in only 8 US states.

Since CBD is considered a byproduct of marijuana (which is rich in psychoactive THC), it is legal only for medicinal use in forty-six US states. In Idaho, Kansas, Nebraska, and South Dakota all CBD products are illegal.

If you’re considering CBD as a fibromyalgia treatment, make sure to check its legal status in your state. Taking CBD in a state where it is illegal can put you in legal jeopardy.

CBD Oil

In Conclusion

Fibromyalgia is a chronic condition and CBD oil won’t cure it. However, it may be effective in mitigating and even eliminating its symptoms.

The efficiency of CBD depends on a number of factors including the severity of the condition, as well as the individual being treated. In some cases, CBD can be more effective when combined with prescription medication and/or other alternative remedies.

However, if you’re suffering from fibromyalgia, make sure to consult your doctor before you begin using CBD, especially if you’re already taking prescription medications, to avoid any negative reactions.

The legal status of CBD varies and it is advised that you check the local laws before buying any CBD products.


Every Day Optimal CBD is the nation’s leading supplier of USA made CBD products. Our Fibromyalgia product is Derived From Non-GMO, CBD-Rich Hemp and has 25mg of CBD and 17 essential vitamins in each recommended serving. Each bottle contains 60 capsules, 1 capsule per serving. This product is available in all 50 states. Order today!

Fibro_Relief_CBD

Canada’s Largest Cannabis Producer Brings Down CBD Oil Costs By 96.34%

CANADA: Flying under the radar for the past few months, Instadose Pharma is ready to hit the market with 2 million liters of CBD oil in 2019. InstaDose Pharma has over 200,000 farmers harvesting cannabis out of the Democratic Republic of the Congo on over 100,000 hectares of land. The main production facility is GMP certified and pharmaceutically accredited with EU Pharmacopeia standards.

“The cannabis companies of Canada need to understand that just because you are the biggest goldfish in the pond doesn’t mean you shouldn’t be concerned about the whales in the ocean. Everything in the Canadian cannabis industry is based off the cost being $2800 per litre for CBD oil. While international forces outside the Canadian bubble are able to produce 99.7% purity level at $102.50 USD per litre.” said Grant F Sanders, CEO, Instadose Pharma Corp., “We’ve kept our operations in the shadows due to concerns about the reaction of this news with licensed producers and the public investment sector. But now that our first crops are about to hit the markets in a few months, I think it’s about time the fish learned about the whale.”

To date, Grant has spent over $76 Million USD on building the current operation and is already in motion to expand production land to 250,000 hectares after the first 90,000 liters hit the Canadian market. IDP is currently in discussions with major pharmaceutical companies to assist with the release of the first batch imported into Canada.

Currently, the largest licensed producer of cannabis in Canada, Canopy, has approximately 40 hectares of production land. At 400 hectares, IDP has 10 times that amount of that in Colombia alone. According to Grant Sanders, Colombia was just not enough for them to be able to expand to their maximum potential. “We quickly realized that growing there was not the smartest option and the production capacity and price that we could achieve in the DRC was 99% more beneficial, to both us and the end user,” said Sanders. “What’s about to happen to the market isn’t a result of what we’re doing, it’s the result of what they’re not. You can’t blame Usain Bolt for being the fastest runner in the world just because you’re too slow”.

Tilray Exports 2:100 CBD Oil To The United Kingdom

CANADA: Tilray, a global leader in cannabis research, production and distribution, announced today that Tilray 2:100, a product produced at Tilray’s federally licensed, Good Manufacturing Practice (GMP)-certified facility in Canada, was successfully imported into the United Kingdom, to supply a pediatric patient in need.  
 
The changing regulatory measures in the United Kingdom (UK) previously prohibited the use of medical cannabis. However, in July 2018, Home Secretary Sajid Javid announcedthat clinicians will now legally be able to prescribe cannabis-derived medicines to patients with an exceptional clinical need noting “recent cases involving sick children made it clear to me that our position on cannabis-related medicinal products was not satisfactory.”
 
With government-approved compassionate access, the UK-based patient suffering from a rare form of epilepsy, now has reliable access to Tilray 2:100, the product used as the primary medicine in a clinical trial testing the efficacy and tolerability of cannabis-derived medicine as treatment for pediatric epilepsy. The trial was conducted in partnership with The Hospital For Sick Children (SickKids) in Toronto, Canada and published promising results in August.
 
In a press release issued by SickKids, Dr. Blathnaid McCoy, Staff Neurologist at SickKids who conducted the clinical trial and authored the research, said “In the participants who reached the target treatment dose we saw a statistically significant reduction in motor seizures, and an increase in seizure-free days compared to those who did not reach the target dose. We observed promising clinically beneficial effects including a reduction in seizure frequency and improvements in certain aspects of adaptive functioning and quality of life measures.”
 
The Tilray oral solution imported to the United Kingdom contains 100 mg/ml cannabidiol (CBD) and 2mg/ml tetrahydrocannabinol (THC), the same ratio of active cannabinoids Tilray used in the recent clinical trial led by SickKids. This ratio of the active cannabinoids was selected after Tilray conducted extensive research on published data of cannabinoids to treat seizures. Tilray 2:100 was deemed safe and well tolerated in pediatric patients by the researchers.

Global CBD Oil Market To Grow At 39.19% CAGR In 2017-2021.

UNITED KINGDOM: Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC.

Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, whereas marijuana-derived CBD oil products have a relatively high concentration of THC.

Technavio’s report, Global CBD Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The firm’s analysts forecast the global CBD oil market to grow at a CAGR of 39.19% during the period 2017-2021.

Global CBD Oil Market 2017-2021: Growth At CAGR Of 39.19%

IRELAND: Global CBD Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. Covering the market landscape and its growth prospects over the coming years, the report also includes a discussion of the key vendors operating in this market.

Cannabidiol (CBD) is one of the hundreds of cannabinoids found in the Cannabis sativa plant. CBD oil can be derived from two different species of cannabinoids: marijuana and hemp. The Americas dominated the global CBD oil market in 2016, followed by EMEA and APAC. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, whereas marijuana-derived CBD oil products have a relatively high concentration of THC.

The latest trend gaining momentum in the market is Growing influence of online retailing. The increasing popularity of e-commerce businesses worldwide has provided vendors with an opportunity to enhance their profit margins and revenues. E-commerce accounted for nearly 12% of the global retail trade in 2016. Online and e-commerce channels support both business-to-consumer (B2C) and business-to-business (B2B) operations.

According to the report, one of the major drivers for this market is Health benefits of CBD oil. CBD is one of the numerous compounds found in the cannabis plant. CBD is mostly derived from marijuana and hemp, which come from the same plant species called Cannabis sativa. Marijuana-based CBD products have a relatively high content of THC compared with hemp-derived CBD products. Hence, marijuana-based CBD products can be used only when they are prescribed by doctors. CBD oil products have several benefits. They are known to cure various ailments in the human body. Over the years, the demand for CBD oil has increased in different parts of the world because of the growing awareness about the health benefits of CBD oil.

Further, the report states that one of the major factors hindering the growth of this market is Unwillingness to invest in cannabis industry. Many investment organizations, such as banks, have expressed their unwillingness to invest in the cannabis industry at regular intervals. Most of the investment organizations in the US and Canada have often declined to provide loans to vendors in the cannabis industry. They have also declined to take a share of the revenue generated from the cannabis market, which includes hemp, marijuana, and other drug-related businesses.

Freedom Leaf To Open CBD Oil Extraction Facility In Las Vegas

NEVADA: Freedom Leaf  today announced that it has agreed to purchase CO2 Supercritical Extraction equipment for legal hemp CBD extraction from NuAxonTech, the producer of world class, large capacity Co2 Supercritical Extraction equipment.

Clifford J. Perry, Freedom Leaf CEO, explained, “As part of our strategic business model, the equipment will be installed in Las Vegas this week and will be used by Freedom Leaf to process locally grown raw (low THC, less than .03) industrial hemp from this year’s harvest into cannabinoid (CBD) extracts for the booming Nevada cannabis/hemp market. It may also be used to process EU Certified rare cannabinoid Hemp from Freedom Leaf’s own newly acquired production facilities in Spain.”

In a previous press release, Perry stated, “With this transformative acquisition in Spain, Freedom Leaf has become a major participant not only in the booming CBD (cannabidiol) industry, but in many other aspects of the global hemp industry. Current product development projects include research into rare cannabinoids, CBD drinks, phytocannabinoid oil, hemp seed oil, hemp fabric for footwear and furniture, etc…”

In addition, the facility will also be used as a showcase for NuAxon’s CO2 Supercritical Extraction equipment. Freedom Leaf is NuAxon’s exclusive global distributor for the cannabis/hemp industry, and it expects prospective buyers from around the world to come to Las Vegas to see how the equipment works.

The Las Vegas Sun reported Friday July 7th that Russell Wilhelm, the Nevada Department of Agriculture Industrial Hemp Program Manager, says the state is setting up the new industrial hemp regulations and hemp production is expected to double in Nevada this year and is projected to keep growing with the Legislature’s passage of Senate Bill 396, which allows for industrial hemp farming, testing and selling. Last year, Nevada had only 250 acres in production, while Colorado had over 9,000 acres.

“With the passing of SB396, we actually have the opportunity to now start producing industrial hemp seed in the state of Nevada, one, and then two, the other significant opportunity after that is going to be the ability to sell industrial hemp-based products in retail venues in the state,” Wilhelm said.

The Sun quotes a local hemp farmer saying that Nevada needs to beef up its industrial-level processing. Much of last year’s yield went unused, or had to be sent out of state to be processed.