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Category Archives: Cbd Oil
CBD Oil Market 2021 Global Healthcare Industry Analysis By COVID-19 Impact On Size, Share, Business, Growth, Trends, Regional And Forecast To 2027 …
Posted: February 6, 2021 at 8:30 am
The latest published report namely Global CBD Oil Market Size, Share, Growth, Industry Trends and Forecast to 2028 added by Data Bridge Market Research contains point by point data which enlarge understanding, scope, and application of this market. The report basic offers a basic understanding of the global CBD Oil industry competitors, the sales channel, growth potential, potentially disruptive trends, industry product innovations, and the value/volume of size, market segments, and market share of the best actors/products. Analysis of important industry trends, market size, market share estimates is mentioned in the report. The fundamental objective of this report is to help readers to get market definition, potential, dynamics, and segmentation assessment. The report covers market trends, future advancement extension, and industry growth analysis.
CBD Patch Marketis expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market growing at a CAGR of 11.20% in the above-mentioned forecast period.
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The COVID-19 Pandemic has created bottlenecks across industry pipelines, sales funnels, and supply chain activities. This has created unprecedented budget pressure on company spending for industry leaders. This has increased requirement for opportunity analysis, price trend knowledge and competitive outcomes. Use the DBMR team to create new sales channels and capture new markets previously unknown. DBMR helps its clients to grow in these uncertain markets.
Top Key Players: Palmetto Harmony, Pure Ratios CBD, Marys Nutritionals, LLC, Nano 101, and TROKIE, Upstate Elevator Supply Co. and NUTRAE, LLC, Verde Patch LTD among other domestic and global players.
CBD patch market is growingowing to certain reasons likely increasing frequency of psychical dysfunctions, inflation in assent of hemp oil infused commodities, progressing legalization in the farming of industrialized hemp, expanding utilization in individual care, elevate mood, and anxiety, others, and progressing amount of chronic disorders. Some of the circumstances may act as the restraint for the market such as complicated administrative formation for the acceptance of industrialized hemp and the dearth of procurement of seeds for the agriculture use of hemp. To overcome certain hindrances innovative merchandise improvements from industrialized hemp will act as the opportunity for the market.?
The CBD Patch Market Report gives the clear picture of current scenario which includes historical and projected CBD Patch Market size, Share, industry growth, trends in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.
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Market Highlights:
Global CBD Patch Market report 2020 covers key business segments and wide scope geographies to get deep dive analyzed industry data. The company profiles of top Market players will provide financial analysis listing the company revenue, and market share. The past and present revenue of top players will offer forecast revenue estimates and growth rates. CBD Patch Market Research Report provide the details about Industry Overview and analysis about Manufacturing Cost Structure, Revenue, Gross Margin, Consumption Value and Sale Price, Major Manufacturers, Distributors with Development Trends and Forecast 2027.
The report intensively analyses the viewpoint of the market with the latest market trends. It also provides a detailed summary of the market dynamics by focusing on the factors impelling growth opportunities in the global market. In addition, the report marks and points out regional analysis and shares ideas that influence market growth. It also shed on industrial development in recent times and offers insights into the same.
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The global CBD Patch market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2027. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
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CBD Patch Market report provides detailed coverage of CBD Patch industry and main market trends. The CBD Patch Market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading CBD Patch by geography. The CBD Patch Market report splits the market size, by volume and value, on the basis of application type and geography.
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of CBD Patch by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Global CBD Patch Market Scope and Market Size
CBD patch market is segmented on the basis of type, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of type, the CBD patch market is segmented into layer drug-in-adhesive, reservoir, and others.
On the basis of application, the CBD patch market is segmented into chronic pain, elevate mood, anxiety, and others.
On the basis of distribution channel, the CBD patch market is segmented into conventional stores, online stores, and pharmacies.
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CBD for IBS: Research and Effectiveness – Healthline
Posted: January 29, 2021 at 11:29 am
Research suggests that irritable bowel syndrome (IBS) affects about 12 percent of people in the United States. The digestive symptoms can vary from person to person, but they can be seriously uncomfortable regardless of the individual.
There are a number of home remedies and medications that can help manage IBS symptoms like cramping, bloating, and diarrhea. Some research suggests that cannabidiol (CBD) may also help.
Keep reading to learn about the basics of CBD and how it may help treat the gastrointestinal symptoms of IBS.
CBD is a cannabinoid found in the cannabis plant. Unlike its close cousin tetrahydrocannabinol (THC), CBD doesnt produce a high feeling. It also has fewer potential unpleasant side effects than THC, even if taken in large doses.
There are three different types of CBD:
Even though broad-spectrum CBD and CBD isolate have had the THC removed, theres a chance that any CBD product you take may have trace amounts of THC.
If you want to avoid THC altogether, or if you get drug tested, it may be best to avoid using CBD products.
While an IBS-friendly diet and stress relief can help reduce IBS symptoms, some people may want to try additional treatments especially during flare-ups.
Doctors sometimes prescribe medications for IBS, but some of these only target specific symptoms and may have undesirable side effects. If youre looking for something natural that might help with IBS, you may wonder about CBD.
Because there are cannabinoid receptors all over our body, including our stomachs, its possible that ingesting cannabis-derived products, like CBD, may help with digestive symptoms.
Studies have also shown that cannabinoids have anti-inflammatory qualities, something that might make them good at treating gastrointestinal disorders like IBS. However, studies from 2011 and 2012 on cannabinoids and IBS have specifically looked at the effect of dronabinol, a synthetic cannabis product that mainly contains THC.
One review from 2020 suggests that CBD may also have potential therapeutic benefits for conditions like IBS. However, more research is needed to confirm the link. Right now, theres just not enough evidence to firmly declare that CBD can help with IBS.
Theres no specific research about which type of CBD is best for IBS. That said, research suggests that taking THC and CBD together might be more effective than taking either alone this is called the entourage effect.
Because of this, full-spectrum CBD products might be better at easing symptoms than broad-spectrum CBD or CBD isolate.
As for product type, topicals wont be particularly helpful for IBS symptoms. Ingesting edibles like gummies and oils might be a better bet.
When shopping for CBD, whether for IBS or another concern, consider the following:
Buy from a company thats open and honest about where they source their hemp.
A quality product should come with an up-to-date, detailed certificate of analysis (COA) from a reputable third-party lab.
A COA lets you know whether the products potency actually matches whats on the label. Its also best to look for a COA that contains information about contaminant testing. That way, you can be sure the product has been tested for potentially harmful substances like heavy metals and mold.
Avoid companies that promise you the moon. Its not OK for companies to make claims that their CBD products cure ailments - not only because there isnt enough research to support this, but its also against Food and Drug Administration (FDA) rules.
In fact, the FDA sends warning letters to companies that make false health claims. Checking the warning letter database can be a good way to steer clear of brands that have a poor reputation.
Full-spectrum products are thought to be more effective than other types, but they do contain small amounts of THC (no more than 0.3 percent).
If you prefer to avoid THC, opt for a product made with CBD isolate or broad-spectrum CBD. But keep in mind that any CBD product may contain trace amounts of THC.
Dosing varies a lot across CBD products, so always check the label to learn more about the potency. A higher potency might be the reason for a higher price tag but not always.
CBD dosing differs for everyone. Dont assume that what worked for a friend will solve your symptoms. You may need a higher or lower dose.
If youre just starting out, err on the side of caution and start with the smallest dose. Keep in mind that when ingesting CBD edibles, the effects may take a few hours to kick in. Only take more when a full 2 hours have gone by.
Do you need more help with figuring out how to dose CBD? Check out our CBD dosing guide.
CBD wont get you high and is generally considered pretty safe. Still, theres a possibility that youll experience side effects, such as:
The risk or severity of side effects may increase if you take CBD with a high fat meal.
Theres also evidence that CBD may interact with some medications. Be sure to talk with your doctor before trying CBD. This can help you avoid unpleasant side effects or drug interactions.
Want to give CBD a try? Here are a few products to get you started. Read about how we select CBD products here.
Theres growing research that suggests taking CBD may have health benefits, including anxiety and pain relief. However, the jury is still out on whether CBD can help with IBS symptoms.
Until we know for sure whether CBD helps with IBS, theres likely not much harm in trying it out. Just be sure to talk with your doctor before giving it a whirl. Some people may experience IBS-like symptoms, like diarrhea, when taking CBD.
Is CBD Legal? Hemp-derived CBD products (with less than 0.3 percent THC) are legal on the federal level, but are still illegal under some state laws. Marijuana-derived CBD products are illegal on the federal level, but are legal under some state laws. Check your states laws and those of anywhere you travel. Keep in mind that nonprescription CBD products are not FDA-approved, and may be inaccurately labeled.
Steph Coelho is a freelance writer with chronic migraine who has a particular interest in health and wellness. When shes not click-clacking away on her keyboard, shes probably nose-deep in a good book.
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Kick-off 2021 with 10 deals on CBD products and smoking accessories – Boing Boing
Posted: at 11:29 am
It's 2021and if 2020 is any indication, we can expect this year to be another big one for the exploding CBD and recreational cannabis markets. With more states like New York on the doorstep of loosening restrictions on marijuana-derived products, you can enjoy the fact that you can not only get these products legally in a growing number of areas, but they're available at some darn fine prices as well.
Take a look at these 10 CBD and cannabis smoking accessories that are all now on sale at savings of up to 57% off.
One of the longtime favorites in the CBD candy game, Sunday Scaries offer this 20-count bottle of gummies packed with their proprietary blend of vitamins B12 and D3, along with high-quality broad-spectrum CBD sources from family-owned Colorado hemp farms. It's got all the benefits of CBD with the natural sweetness to make them a very tasty treat.
Also from Sunday Scaries, you can get this even more concentrated broad spectrum CBD dosage in tincture form. Made from 100% non-GMO industrial hemp CBD oil, you can enjoy the soothing effects of CBD in a mixture that's often easier to mix with food and digest than more bitter oils.
For those ready to vary up their CBD intake, this sampler assortment is for you. You can go with the 15 25mg CBD gummies, a dose of the full-spectrum 1,000mg CBD per bottle tincture, or go old-school with two pre-rolled CBD-only joints.
How could you ever be stressed out with candy that looks like a Willy Wonka factory exploded? Of course, in addition to its tutti-frutti exterior, these rainbow edibles are jam-packed with coconut oil and pure CBD. With 10mg per candy, you'll get all the calming effects in just about the most fun package possible.
Or, you can just rub it in instead. This 100% non-psychoactive cream from Green Farm is infused with CBD oil and menthol, which is an anti-inflammatory for reducing the soreness or burn of muscle pain, skin irritations, and more. Along with the CBD, this rub can help knock out minor aches and pains.
Blended by Bean and Bud by Allo, you will get the soothing impact of a quality brew, along with the added effects of 320mg of CBD. Made from 100% Arabica beans, this coffee combines hints of raspberry and dark chocolate with the calming properties that only CBD can provide.
For vaping fans, the Hippie W is the latest step in the evolution of easy, clean, simple vaporizers. Unlike other vaporizers, this portable device uses a ceramic and glass mouthpiece, rather than a coil, to burn your wax or other concentrate, leading to a more pure, flavorable taste.
But, if the Hippie W is too big, there's also the Hippie Nano Plus, the world's smallest vaporizer. At just two inches long and able to virtually disappear in your palm, the Nano features changeable voltage control, a pre-heating function, and even a new magnetic connection for swapping cartridges quickly and easily.
Sure, it does a brilliant job perfectly shredding herbs or spices in its rotary grinding teeth for better potency. But c'monit looks just like a cute Pokeball. You've probably got to get it for that fun feature alone.
Made from aerospace-quality aluminum, this Swiss Army knife for smokers packs a mini Bic lighter, a cig-shaped quartz glass one-hitter pipe, a stainless steel cleaning poker, a two-piece grinder, and a two-gram storage chamber, all in a pocket-sized frame less than 5 inches long. It's even water- and odor-resistant too.
Prices subject to change.
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Kick-off 2021 with 10 deals on CBD products and smoking accessories - Boing Boing
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Synchronicity Sets the Quality Gold Standard in CBD Hemp Industry Earning ISO 9001-2015 Certification – The Grand Junction Daily Sentinel
Posted: at 11:29 am
BOULDER, Colo., Jan. 28, 2021 /PRNewswire/ --Synchronicity Full-Spectrum Hemp Oil announced today the successful completion of audits for ISO 9001:2015, an international quality management certification excelling the company's current GMP certified manufacturing facility to a higher standard set by the FDA. Synchronicity is the first and only non-pharmaceutical hemp oil producer to earn this certification type across all business units - from growing and sourcing to bottling and distributing to consumers. This commitment to quality underscores Synchronicity's unique position in the marketplace by establishing trust with consumers.
With over 3,500 CBD brands operating in the United States without FDA regulations for the production and packaging of dietary supplements or food containing CBD, there is no quality standard in the industry, leaving consumers and retail partners to determine on their own without parameters in place. Synchronicity's mission is to set the quality standard in the industry across all business practices. By understanding the FDA's process in their guideline's development, and partnering with retailers to educate consumers, the company's orientation ultimately provides consumers with the highest quality full-spectrum hemp oil.
"This type of certification from the ISO demonstrates Synchronicity's leadership role in the industry and steadfast dedication to best practices and production of the highest quality products from plant to bottle to you," said CEO Andrew Campbell. "Our entire organization has embraced a culture of compliance and invested the time and resources across all facets of our business. We believe in compliance to demonstrate quality and are committed to delivering the highest quality products to both our consumers and retail partners."
From plant to bottle to human - Synchronicity pushes industry boundaries and goes above and beyond bringing together passion and expertise to deliver the highest quality products. This certification of superior leadership sets a precedent for other companies in the space and will impact consumer purchasing decisions, as Synchronicity is now set apart in a crowded industry.
For more information visit: Synchronicityhempoil.com
ABOUT ISO
The International Organization for Standardization (ISO) is "an independent, non-governmental international organization with a membership of 164 national standards bodies. Through its members, it brings together experts to share knowledge and develop voluntary, consensus-based, market relevant International Standards that support innovation and provide solutions to global challenges." More at http://www.iso.org.
ISO creates standards but does not certify companies.
ABOUT SYNCHRONICITY
Synchronicity is the highest quality, full-spectrum hemp oil plant-to-body products on the market. We've spent over 20 years perfecting and hand-pressing our patent-pending Hemp plants to make Synchronicity -- the most phytonutrient-dense Hemp Oil available, helping consumers achieve balanced wellness. We're passionate about your health, which is why we have a hand in every aspect of production from the farm to your body. We're a leader in purity and safety and are committed to sustainable and transparent farming practices while consistently testing our hemp oils through third-party labs.
Synchronicity's Current Certifications:
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CBD Hemp Oil: How Leading Players Are Decoding The Impact Of Coronavirus On CBD Hemp Oil Industry? – The Courier
Posted: at 11:29 am
The worldwide CBD Hemp Oil Industry added by Regal Intelligence on the basis of the year 2020. This market report covers manufacturers (including international and domestic manufacturers), suppliers and suppliers, regions, product type, product variances, and application for the forecast period.
The study provides information on past and current market trends and developments, factors, capacities, technologies, and changes in market capital structure CBD Hemp Oil Market. The study will assist market participants and market consultants to understand the continuing structure of the market.
This report provides a brief market overview by examining various industry definitions and classifications. Moreover, the applications of the CBD Hemp Oil industry and the chain structure are provided by a thorough market research perspective. Furthermore, the main strategic market activities launched by key stakeholders, including product developments, mergers, and acquisitions, partnerships, etc., are discussed in this report.
The most important manufacturers included in this report are:
Important Types covered in this report are
Important End Users covered in this report are
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The market report provides a five-year trend analysis, compared to the previous years baseline analysis and analysis, which highlights the size, volume, and market share of key regions. CBD Hemp Oil Market was segmented across regions of North America, Asia-Pacific, Europe, and ROW.
In addition, the market includes a chapter on the product portfolio that details production, turnover, price, and market share, and growth rate on the basis of product diversification. Moreover, the report examines sales volume, market share, and growth rate on the basis of applications/end-users for each application. The Product diversification also involves SWOT and PEST analysis to understand the regional product segmentation market.
The report provides information on market segmentation by type, application and region as a whole. The report focuses on development policies and plans, government regulations, production processes, and cost structures.
It also covers technical data, analysis of manufacturing facilities, and analysis of raw material sources of the CBD Hemp Oil as well as explains which product has the highest penetration, their profit margins, as well as R&D status. Market analysis also includes a competitive landscape of the market, the history of market development, and major development trends.
Table of Content (ToC) at a glance:
Chapter 1: An Overview of the market comprises the Definition, Specifications, and Classification of CBD Hemp Oil market, Features, Scope, and Applications.
Chapter 2: Analysis of Product Cost and Prices: Structure of Manufacturing Cost, Cost of Raw Material and Suppliers, Manufacturing Process, Structure of the Industry Chain.
Chapter 3: Market Demand and Supply Analysis which includes, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Analysis of Raw Materials Sources.
Chapter 4: Forces that keep the marketplace going
Chapter 5 and 6: Regional Market Analysis that includes North America, Europe, China, Japan, Southeast Asia, and India, CBD Hemp Oil Market Analysis (by Type).
Chapter 7 and 8: Industrial structure/set-up
Chapter 9: Analysis of Market Trends, Regional Market Trends, Market Trend according to Product Type
Chapter 10: CBD Hemp Oil sales channel, distributors, retailers, dealership, Research Findings and Conclusion, appendix and data source.
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Organic CBD Hemp Oil Market : The Development Strategies Adopted By Major Key Players And To Understand The Competitive Scenario KSU | The Sentinel…
Posted: at 11:29 am
ORGANIC CBD HEMP OIL MarketincludesOverview, classification, industry value, price, cost and gross profit.It also covers types, enterprises and applications. To start with, analytical view to complete information of ORGANIC CBD HEMP OIL market. It offers market view by regions with countries, development in ORGANIC CBD HEMP OIL industry,opportunity with challenges, sales strategies, growth strategies and revenue analysisto include price.
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ORGANIC CBD HEMP OIL Market report helps to analyses competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global ORGANIC CBD HEMP OIL Market Sales 2020 Industry Trend and Forecast 2026.
The following manufacturers are covered:KazmiraCW Hemp/CW BotanicalsFreedom LeafGreen RoadsMedical MarijuanaFolium BiosciencesHempLife TodayCannavestPharmahempENDOCACBD American ShamanNuLeaf Naturals
Market Segment by Type, covers
ORGANIC CBD HEMP OIL Market Segment by Applications, can be divided into
Market Segment by Regions, regional analysis covers
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The content of the study subjects of ORGANIC CBD HEMP OIL Market, includes a total of 15 chapters:
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Why CBD oil could be pro athletes’ new secret weapon and yours too – TimesLIVE
Posted: January 17, 2021 at 9:05 am
Sports players are using CBD products to legally enhance performance, while disciples say it should be used by everyone in their daily health regime
17 January 2021 - 00:02 By trevor chrighton
There's been an explosion of CBD-laced products on the market since the then minister of health, Dr Aaron Motsoaledi, signed legislation in May 2019 that permitted the sale and distribution of low-dose cannabidiol (CBD) products. The makers claim all manner of benefits and now professional athletes are using approved products containing CBD to legally enhance their performance on the field.
Hemp is non-intoxicating cannabis that's been harvested for over 10,000 years to produce things like food, rope, clothing, paper and housing material. CBD, when extracted properly from hemp plants, doesn't have any psychoactive properties in the way that dagga does, and is one of the few products recognised by the World Health Organisation as being "generally well tolerated with a good safety profile". It also doesn't produce an excessive release of dopamine, which could lead to addiction...
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Why CBD oil could be pro athletes' new secret weapon and yours too - TimesLIVE
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CBD oil donation will hopefully help horses at Rocky Mountain Horse Rescue in their recovery – The Denver Channel
Posted: at 9:05 am
ARVADA, Colo. For many horses, Rocky Mountain Horse Rescue in Arvada is a second chance.
"We rescue mostly now, owner surrendered horses from people who cant take care of them anymore," said Kris Nixon, who runs Rocky Mountain Horse Rescue.
When the horses walk onto the property, many are carrying a range of health issues.
"This is Mathilda. She came to us, she was owned by a man who did not care for her feet very well. She has limited mobility and also it is very sore," Nixon said.
Out of 35 horses at the rescue, about 15 suffer from problems like arthritis. Because of a CBD oil donation from Boulder Creek Technologies, many horses will get a much needed relief.
"We wanted to give back to help. We wanted to be able to see first hand by giving this to the animals to help them have a better quality of life but also watch them go through the process, take notes and journal," said Alicia Whitt, account representative of Boulder Creek Technologies.
Rocky Mountain Horse Rescue is a place for many horses who have been forgotten. Now, they're getting a second chance through recovery.
"Were always looking for new ways to see if we can help them outside of standard veterinary medicine," Nixon said.
And, possibly, the horses can find a new family to adopt them one day.
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CBD and other medications: Proceed with caution – Harvard Health Blog – Harvard Health
Posted: at 9:05 am
Products containing cannabidiol (CBD) seem to be all the rage these days, promising relief from a wide range of maladies, from insomnia and hot flashes to chronic pain and seizures. Some of these claims have merit to them, while some of them are just hype. But it wont hurt to try, right? Well, not so fast. CBD is a biologically active compound, and as such, it may also have unintended consequences. These include known side effects of CBD, but also unintended interactions with supplements, herbal products, and over-the-counter (OTC) and prescription medications.
While generally considered safe, CBD may cause drowsiness, lightheadedness, nausea, diarrhea, dry mouth, and, in rare instances, damage to the liver. Taking CBD with other medications that have similar side effects may increase the risk of unwanted symptoms or toxicity. In other words, taking CBD at the same time with OTC or prescription medications and substances that cause sleepiness, such as opioids, benzodiazepines (such as Xanax or Ativan), antipsychotics, antidepressants, antihistamines (such as Benadryl), or alcohol may lead to increased sleepiness, fatigue, and possibly accidental falls and accidents when driving. Increased sedation and tiredness may also happen when using certain herbal supplements, such as kava, melatonin, and St. Johns wort. Taking CBD with stimulants (such as Adderall) may lead to decreased appetite, while taking it with the diabetes drug metformin or certain heartburn drugs (such as Prilosec) may increase the risk of diarrhea.
Many drugs are broken down by enzymes in the liver, and CBD may compete for or interfere with these enzymes, leading to too much or not enough of the drug in the body, called altered concentration. The altered concentration, in turn, may lead to the medication not working, or an increased risk of side effects. Such drug interactions are usually hard to predict but can cause unpleasant and sometimes serious problems.
Researchers from Penn State College of Medicine evaluated existing information on five prescription CBD and delta-9-tetrahydrocannabinol (THC) cannabinoid medications: antinausea medications used during cancer treatment (Marinol, Syndros, Cesamet); a medication used primarily for muscle spasms in multiple sclerosis (Sativex, which is not currently available in the US, but available in other countries); and an antiseizure medication (Epidiolex). Overall, the researchers identified 139 medications that may be affected by cannabinoids. This list was further narrowed to 57 medications, for which altered concentration can be dangerous. The list contains a variety of drugs from heart medications to antibiotics, although not all the drugs on the list may be affected by CBD-only products (some are only affected by THC). Potentially serious drug interactions with CBD included
The researchers further warned that while the list may be used as a starting point to identify potential drug interactions with marijuana or CBD oil, plant-derived cannabinoid products may deliver highly variable cannabinoid concentrations (unlike the FDA-regulated prescription cannabinoid medications previously mentioned), and may contain many other compounds that can increase the risk of unintended drug interactions.
Absolutely. Inhaled CBD gets into the blood the fastest, reaching high concentration within 30 minutes and increasing the risk of acute side effects. Edibles require longer time to absorb and are less likely to produce a high concentration peak, although they may eventually reach high enough levels to cause an issue or interact with other medications. Topical formulations, such as creams and lotions, may not absorb and get into the blood in sufficient amount to interact with other medications, although there is very little information on how much of CBD gets into the blood eventually. All of this is further complicated by the fact that none of these products are regulated or checked for purity, concentration, or safety.
CBD has the potential to interact with many other products, including over-the-counter medications, herbal products, and prescription medications. Some medications should never be taken with CBD; the use of other medications may need to be modified or reduced to prevent serious issues. The consequences of drug interactions also depend on many other factors, including the dose of CBD, the dose of another medication, and a persons underlying health condition. Older adults are more susceptible to drug interactions because they often take multiple medications, and because of age-related physiological changes that affect how our bodies process medications.
People considering or taking CBD products should always mention their use to their doctor, particularly if they are taking other medications or have underlying medical conditions, such as liver disease, kidney disease, epilepsy, heart issues, a weakened immune system, or are on medications that can weaken the immune system (such as cancer medications). A pharmacist is a great resource to help you learn about a potential interaction with a supplement, an herbal product (many of which have their own drug interactions), or an over-the-counter or prescription medication. Dont assume that just because something is natural, it is safe and trying it wont hurt. It very well might.
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Which Major Brand Will Be the Next to Invest in Cannabis? – The Motley Fool
Posted: at 9:04 am
Marijuana reform at the U.S. federal level could soon be on the way, as it won't be long before Democrats are in control of the House, Senate, and White House. And that's giving the industry a lot of hope that legislation favorable to marijuana could pass, potentially making the already hot cannabis industry an even more appealing investment opportunity. It could even pave the way for companies in other industries to start jockeying for position, partnering up with cannabis producers before legalization -- which could still be years away.
To date, tobacco giant Altria and beer maker Constellation Brandshave been the biggest names to invest in cannabis, linking up withCronos Group andCanopy Growth, respectively.But other companies have been kicking tires and making smaller moves, including Anheuser-Busch (NYSE:BUD),Colgate-Palmolive(NYSE:CL), and Unilever(NYSE:UL). Let's take a look at which company could be the next industry outsider to invest in the burgeoning cannabis market.
Image source: Getty Images.
It's not difficult to see why companies may want to get in on the cannabis industry: It's in its early growth stages and there's still tons of room to run. For companies struggling to grow their top lines, cannabis could be an easy way to get a boost. According to data from ResearchAndMarkets, the global market for cannabidiol (CBD) oil and the overall CBD consumer health market could be worth as much as $123 billion in 2027, averaging a compounded annual growth rate (CAGR) of 25.6% until then. The global cannabis beverage market is narrower in scope, and Fortune Business Insights projects that by 2027 it'll be worth $8.5 billion. That said, this market was worth just $367.4 million in 2019, meaning it's growing at a much higher CAGR of 50.9%.
That 20%-plus growth is hugely attractive to companies like Anheuser-Busch, Unilever, and Colgate-Palmolive, all of which posted single-digit revenue increases in their most recent earnings reports. And while their businesses are stable and offer good diversification with many great brands in their portfolios, only Colgate-Palmolive stock has (narrowly) outperformed the S&P 500 over the past year:
^SPX data by YCharts
All of the companies noted above would have plenty of incentive to invest in cannabis, but that doesn't mean they'll do it. One reason is that businesses risk turning off their existing customer base by getting into cannabis. According to a Gallup poll from November, the percentage of Americans who believe marijuana should be legal is at a record high of 68%, up from 66% a year ago. It's a rising percentage, but that still means close to one-third of Americans aren't in favor of legalization -- and for companies posting single-digit growth, it may not be worth alienating or upsetting that many consumers. That's why making small moves has made sense thus far.
Unilever's subsidiary, Schmidt's Naturals, is how the U.K.-based company has exposure to the CBD market today. In 2019, Schmidt's Naturals announced it would offer a line of CBD products, including deodorants. Because they're hemp-based, these products are legal in the U.S. as of late 2018, when they were legalized under the Farm Bill. Regulations stipulate that hemp products must contain no more than 0.3% of the psychoactive cannabis compound tetrahydrocannabinol (THC). The CBD market in the U.S. was worth $4.2 billion in 2019, and analysts expect it will rise to $16.8 billion by 2025. Ben & Jerry's ice cream, a key Unilever brand, has also expressed interest in making CBD products, but it won't do so until marijuana is legal federally.
Overall, Unilever appears mildly interested, but management appears to be taking a conservative approach toward cannabis, focusing on hemp for the time being. Marijuana investors shouldn't expect a big move from the company anytime soon.
Colgate-Palmolive may be an even bigger long shot. The company's main foray into the industry thus far is through the acquisition of Hello Products, which last year launched a line of CBD oral care products. These items technically fall under the consumer health category, but it's such a niche area that it's hard to determine just how strong the demand may be for toothpaste or mouthwash that contains CBD. And given that Colgate-Palmolive's business centers around "trusted brands," management may prefer to remain more conservative rather than risk ruffling the feathers of its existing consumer base.
Finally, there's Anheuser-Busch -- which does offer some possibilities in the cannabis space. In fact, the company is technically already in the marijuana market through its joint venture with Canadian cannabis producer Tilray(NASDAQ:TLRY). The two companies reached an agreement in 2019 to work on products for the cannabis beverage market in Canada. However, the rollout has been slow, and many products still hadn't made it to store shelves by early 2020, months after the new segment technically opened for business. That means it's hard to tell thus far how strong sales have been for the joint venture; Tilray made no mention of beverage sales in its most recent quarterly earnings report, released Nov. 9. That said, this head start means Anheuser-Busch is the most likely of the companies listed above to make a big splash in the cannabis industry.
Whether it's Anheuser-Busch or another beverage company, the beer industry appears to be a natural fit for cannabis, as there is a potential for their products and target markets to overlap. Any deal will likely involve a Canadian cannabis company, since pot is legal in Canada and investing in a licensed producer there won't create any legal problems.
It's possible that Anheuser-Busch will invest in Tilray and strengthen its relationship with the British Columbia-based company. However, the upcoming merger between Tilray and Aphriacould complicate things. Either way, there are many other cannabis companies out there for Anheuser-Busch or another beverage company to partner with or invest in, including industry giant Aurora Cannabis, which has struggled to find a deal.
While there's no guarantee if or when a deal might happen, investing in Anheuser-Busch today could be a great way to gain at least some exposure to the cannabis industry without having to invest directly in a licensed producer. Although the stock has been struggling over the past year, it's likely to recover along with the economy as restaurants eventually get their operations running normally again. And if Anheuser-Busch ends up making cannabis a bigger part of its overall strategy, it could make the beer company an even hotter investment over the long term.
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Which Major Brand Will Be the Next to Invest in Cannabis? - The Motley Fool
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