February 2020 - CBDWire

FridayFeb 28, 2020 4:00 pm

Data Helps European CBD Firms Navigate the Nascent Industry

The past few years have seen significant developments for cannabis, both medical and recreational. At the forefront is cannabidiol, a chemical produced by hemp. It is one of over 100 cannabinoids said to be flush with medicinal properties, and it has become increasingly popular, with experts estimating the CBD market may be worth $20 billion by 2024. Cannabidiol's medical abilities are said to be wide-ranging. Users claim the hemp extract offers relief from a variety of ailments, including chronic pain, high blood pressure, and anxiety. Despite there being little scientific research backing these claims, users still swear by CBD. Lack…

FridayFeb 28, 2020 9:00 am

California Company Introduces Product to Authenticate Hemp Derivatives

Already worth millions of dollars in sales, the CBD sector is moving forward at quite a brisk pace. The hemp extract has captured the attention of the medical, health, and wellness communities, with thousands of CBD products available on the shelves. However, the sector hasn't been adequately regulated yet, resulting in a pattern of low quality and contaminated CBD products being sold to unsuspecting consumers. "The most important thing in the world is that people know what they're putting into their body, and this has never been done before with CBD or THC," says Danny Davis, a cannabis entrepreneur and…

ThursdayFeb 27, 2020 4:00 pm

CBG-Rich Hemp Variety Introduced in the US

You wouldn't be wrong if you said cannabidiol (CBD) has taken the world by storm. You wouldn't expect a chemical extracted from cannabis to gather much support, but it has. In the U.S., industrial hemp, a cannabis variety with less than 0.3% of THC, was legalized by the 2018 Farm Bill, kick-starting the CBD craze. A year later, the CBD sector is worth millions, and there are thousands of CBD products in circulation. With talk of the cannabidiol market being saturated, hemp producers have started turning to minor cannabinoids. Hemp produces over 100 of them, and although most of what…

ThursdayFeb 27, 2020 12:30 pm

CannabisNewsWire Recaps USA CBD Expo in Las Vegas, Today’s Leading Cannabidiol Industry Event

The USA CBD Expo held earlier this month was a perfect way to learn about the latest CBD products -- from coffee, oils, cosmetics, lotions, CBD pet products, CBD capsules, and tinctures to toothpicks and bath bombs. In addition, with the greatest selection of hemp and CBD products, the country’s biggest CBD event helped business owners in the niche learn how to target new audiences and grow their market share. USA CBD Expo was attended by the industry's biggest buyers, investors, and wholesalers in 2019, and 2020 was no exception. More than 500 leading industry brands attended the event held…

ThursdayFeb 27, 2020 9:00 am

European Hemp Association Applauds UK Decision on CBD

On February 13, the UK Food Standards Agency (FSA) issued its first-ever CBD advice to consumers and set a deadline for CBD businesses to provide more information about CBD products and their contents. Processors were instructed to submit novel food authorization applications by March 31, 2021 and only products with a valid application will be allowed on the shelves thereafter. Companies with a valid application will be allowed to put their products on the shelves over the next year as the FSA works on the approval process. On top of that, the FSA advised pregnant and breastfeeding women, and people…

WednesdayFeb 26, 2020 4:00 pm

UK Woman Says Drinking CBD Water Cured Her IBS and Anxiety

You've probably heard of cannabidiol, or CBD as it's more commonly known. The compound is part of a group of chemicals produced by the cannabis plant that have wide-ranging medicinal properties. For the past few years, it has held the medical, health, and wellness communities in thrall due to its medical abilities. It is said to work against a variety of ailments, ranging from chronic pain and anxiety to high blood pressure and insomnia. Although most of the claims haven't been scientifically proven yet, users swear by CBD. Epidiolex is the only CBD-based drug approved by the U.S. Food and…

WednesdayFeb 26, 2020 9:00 am

Could the CBD Market Have Reached a Saturation Point?

The past few years have seen an upsurge in cannabidiol's (CBD) popularity. The hemp extract was barely known three years ago, but just a year after legalization, the CBD market is already worth millions in sales, with earnings projected from $591 million to $22 billion by 2022, according to the Brightfield Group. Like all cannabinoids, cannabidiol has medicinal properties, and limited research has found that it can be effective against a number of ailments, ranging from high blood pressure and insomnia to chronic pain and anxiety. On top of that, it doesn't have the side effects pharmaceuticals are known to…

TuesdayFeb 25, 2020 4:00 pm

What You Need to Know About CBDP and THCP

Cannabis is quite a polarizing topic. For many, it's a drug to be avoided at all costs, and for others, a resource that's filled with endless possibilities. For a while now, researchers have been studying a group of unique chemicals produced by cannabis called cannabinoids. Although there are over 100 of them, most of our knowledge of cannabinoids is centered on cannabidiol (CBD) and THC (delta-9 tetrahydrocannabinol). THC is psychoactive, and it is responsible for marijuana's infamous high. CBD isn't psychoactive, and its biggest draw is its medicinal properties. While both of them have therapeutic effects, CBD can be said…

TuesdayFeb 25, 2020 9:00 am

Toni Braxton Confirms CBD Has Helped Her Live with Lupus

Lupus is an autoimmune disorder where the immune system turns on the body and attacks the tissues and organs. The resulting inflammation wreaks havoc on the entire body, and everything from the skin and lungs to the kidney, heart, and brain are affected. Although there's currently no cure for the condition, there are a variety of medications that can be used to treat the symptoms. Cannabidiol (CBD) is a chemical extracted from hemp, and it's taking the medical community by storm. Users say CBD is effective against a range of illnesses from anxiety and insomnia to chronic pain and high…

MondayFeb 24, 2020 4:00 pm

Minor Cannabinoids Set to Gain More Prominence on the Market

For many American farmers, the legalization of hemp was a godsend. Hemp-derived cannabidiol or CBD has experienced great demand due to its potent medicinal properties, and that has driven up the demand for hemp. Just a year after the 2018 Farm Bill legalized industrial hemp and its extracts, the hemp sector was worth millions in sales. It provided a great opportunity for farmers looking to move from crops like wheat and soybeans to something more profitable. However, the oversupply of hemp for CBD has caused prices to drop, and farmers still interested in hemp have started looking to minor cannabinoids…