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Is CBD Really The Next BIG Thing?

If you frequently research alternative methods for treating pain or illnesses, then you've probably seen CBD come up a lot in your search engines.

CBD, which is a non-psychoactive cannabis ingredient, has been gaining major popularity over the last few years, mainly for its believed health benefits. Some say it treats anxiety. Others claim it’s the newest answer to Parkinson’s disease.

The most talked about CBD benefits include:

  • Anti-inflammatory
  • Dissolves tension in body (stress that has built up in neck, back)
  • Distribute tranquility
  • Aids sleep
  • Joint and muscle pain relief
  • Anxiety relief
  • Increase focus and clarity
  • Help build immunity
  • Stimulate appetite
  • Anti-acne properties

The U.S. Food and Drug Administration even approved Epidiolex for treatment of two forms of severe epilepsy (Lennox-Gastaut syndrome and Dravet syndrome)!! This is the first drug comprised of CBD that has been approved by the FDA and definitely hints at there will be more to follow.

According to a Cannabis and Cannabinoid Research report, CBD is one of “the most prominent pharmacologically relevant constituents of the Cannabis plant,” going on to explain that, “It is non intoxicating, but exerts a number of beneficial pharmacological effects. […] At lower doses, it has physiological effects that promote and maintain health, including antioxidative, anti-inflammatory, and neuroprotection effects.”

A Medium Corporation

On December 20th (2019), U.S. president Donald Trump signed the U.S. Farm Bill into law, which, along with other items, legalized the commercial production of hemp. While CBD can be harvested from the marijuana plant, it can also be harvested from the hemp plant. This new bill could very well be a game changing moment for the CBD industry.

"Just how big of an opportunity is CBD? Well, the Brightfield Group has forecast a compound annual growth rate of 147% for global CBD sales between 2018 and 2022. In nominal dollars, we're talking about a surge from $591 million in sales in 2018 to around $22 billion by 2022."

The Motley Fool

Thanks to the new Farm Bill, CBD products have been popping up on shelves left and right across the country in various forms: oils, extracts, vaporized liquids, capsules, pet treats, bath bombs, topicals and so much more! CBD oil has expanded into natural medicine, cosmetics and even food. Both Walgreens and CVS announced in March (2019) that they would begin carrying various CBD products in some of their stores.

According to USA Today, Walgreens will sell the product in creams, patches and sprays in Oregon, Colorado, New Mexico, Kentucky, Vermont, South Carolina, Illinois and Indiana. 

"This product offering is in line with our efforts to provide a wider range of accessible health and wellbeing products and services to best meet the needs and preferences of our customers."

Walgreens spokesman Brian Faith said in a statement to USA TODAY.

CVS will sell CBD in topical products, including “creams, sprays, roll-ons, lotions and salves,” in seven states (California, Colorado, Illinois, Indiana, Kentucky, Maryland and Tennessee).

It is also being introduced in popular cosmetic and skincare brands, with stores like Sephora and Ulta Beauty both carrying CBD products. 

This shows that cannabis is more than just an illicit substance. Like we mentioned earlier…CBD products are used by many people, but it can also be used on animals! CBD oil has been linked to pain relief as well as treatment for anxiety, so the chemical has been given to pets suffering from ailments from hyperactivity to arthritis and cancer. 

Many believe that CBD is going to transcend the overall market. Soon, we are going to see it everywhere and it will be used by people of all different ages and backgrounds. CBD is the next big thing in the cannabis industry and it’s about to blow up even more than we think.

"Literally overnight, you're seeing CBD all around you and in everything," said Troy Dayton, CEO of The Arcview Group, an Oakland, California-based cannabis investment and research firm. "This is a product that is going from relative obscurity to being on everyone's mind: producers, consumers and especially entrepreneurs."

Troy Dayton, CEO of The Arcview Group

Attitudes towards cannabis have changed, thanks in part to a thriving legal market, and people want to be overall healthier…so they and they are incorporating cannabis as part of a newer, healthier lifestyle.

CBD is like taking a daily dose of well being. You’re going to be a little bit more calm, a little bit more centered, and you know that you’re going to be able to function,” says Jewel Zimmer, founder of boutique cannabis company Juna. “It’s like the adaptogen of all adaptogens, the superfoods of all superfoods—and we’re learning more and more every single day.

Jewel Zimmer, founder of boutique cannabis company Juna.

Research on the potential health benefits of CBD oil is ongoing, so new therapeutic uses for this natural remedy are sure to be discovered.

According to Healthline, though there is much to be learned about the efficacy and safety of CBD, results from recent studies suggest that CBD may provide a safe, powerful natural treatment for many health issues.

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