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Showing posts from June 19, 2017

CBD Market To Grow 700% By 2020

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CBD Market To Grow 700% By 2020
Cannabidiol (CBD) is the part of the cannabis plant that doesn't get you €œhigh€ like the THC side of the plant. It is used for health reasons instead of for recreational purposes. The CBD products are derived from marijuana plants or industrial hemp plants.That is a 700% increase from 2016.Matt Karnes of Greenwave Advisors is even more optimistic concerning the development of the CBD market saying, €œIn terms of the CBD market size, I estimate an almost $3 billion market by 2021. Right now there are 15 states that allow CBD only — this is in addition to the 28 states plus DC that have legalized medical marijuana.€There is also evidence that traditional marijuana users are willing to give a try to CBD. The largest licensed cultivator in Southern California, outco learned that 38% of users and non-users said they wanted to learn more about CBD oil. They believe that the market is poised for growth.Not only is but industry insiders have already targe…

Professional Athletes Vouch For CBD Use Over Opioids

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Professional Athletes Vouch For CBD Use Over Opioids So many professional athletes are using, many times wrongfully so, painkillers. A study published by Drug and Alcohol Dependence stated that 52% of 644 retired NFL players admitted to using prescription pain meds while they were still playing the game. 71% of those people admitted that they misused the drugs, and many of them continued to do so into retirement. That means that almost 40% of NFL players are misusing pain meds. 
Many of these professional athletes are turning to, or wanting to turn to CBD instead of opioids. One example of this is Bas Rutten – an MMA fighter who was a UFC heavyweight champion and three-time King of Pancrase world champion. In this article, Rutten said: “As for my own experience with CBD, it saved me a lot of trouble after I realized that I had a painkiller problem that started after my last fight in 2006. About five weeks before the fight, all my injuries came back with a vengeance. It starts with one …