If the Agriculture Improvement Act of 2018 passes, by 2022 hemp-derived CBD products may have a bigger market than all the cannabis markets in the US combined. This post from GreenCamp highlights how hemp-derived CBD industry may outgrow the cannabis industry in just a few short years. Most people that have been hearing the news about medical marijuana know that there are 2 ... Continue Reading
CBD products
FDA’s Approval of CBD Drug & Its Impact on Startups
The first CBD-based prescription drug in the US has finally been approved by FDA. This post from Business Insider India highlights why this welcome decision is worrying some marijuana startups. Summary: This week's historic decision by the Food and Drug Administration to approve Epidiolex, the first prescription drug derived from marijuana, has left cannabis startups in ... Continue Reading
Why CBD Is Hailed as The Miracle Cannabis Compound
This cannabis-derived chemical is non-psychoactive, and – while federally illegal – has been hailed as a cure for diseases. In this post from The Guardian, learn more about CBD, the 'miracle' cannabis compound that doesn't get you high. In early May, a federal court declined to protect cannabidiol (CBD), a chemical produced by the cannabis plant, from federal law ... Continue Reading
Big Pharma in Trouble: Half of CBD Users Quit Pills
The result of a recent survey spells disaster for Big Pharma as 50% of the people are reported to be quitting prescription & OTC pills for CBD. Read more about the survey results in this post from Your Daily Ideas. According to a recent survey conducted by cannabis market research firm the Brightfield Group and HelloMD, an online medical cannabis community, nearly half ... Continue Reading
Cannabis for Pets: What’s Good and What’s Not
Medical cannabis is known for pain relief, is it equally good for your pet too? This post from The Chill Bud discusses the benefits and dangers of cannabis for pets! More and more people are warming up to the idea of medical marijuana and even recreational cannabis use. But what about cannabis for pets? If medical marijuana can do wonders for pain relief and reducing ... Continue Reading