What Is CBD Oil And How Did It Become A $1 Billion Industry?
May 16, 2019
You might have noticed a lot of products lately that are infused with CBD. But what exactly is CBD? CBD stands for cannabidiol, and it’s part of the cannabis plant from which we also get marijuana. We spoke with Martin A. Lee, author of “Smoke Signals: A Social History of Marijuana – Medical, Recreational and Scientific” and the director of Project CBD to find out what exactly CBD is.
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Following is a transcript of the video:
Narrator: With all the weed trucks and imagery all over New York these days, you might think to yourself, “Hey, is marijuana legal now?”
Not quite.
What these companies are selling is actually something called CBD. It’s found in everything from lollipops to lattes.
And business is booming.
CBD products are part of what is estimated to be a roughly one billion dollar industry in the United States. And it’s perfectly legal.
So, what does CBD have that marijuana doesn’t?
Martin Lee: The fact of the matter is we’re kind of in the midst of a CBD craze right now.
Narrator: Martin Lee is the director of Project CBD, an educational platform that focuses on cannabis science and therapeutics.
Lee: CBD stands for cannabidiol. That’s a component of the cannabis plant that has significant therapeutic properties, but it’s not intoxicating. It doesn’t get you high like THC.
Narrator: As it happens, not all cannabis plants are created equal. Take a look at these two varieties. One is marijuana, the other is hemp. One gets you high, the other doesn’t. The key difference is what’s on the inside.
Lee: THC and CBD are the main components of the cannabis plant.
Narrator: THC is what makes you feel high, and marijuana plants are loaded with it.
Dave Chappelle: I don’t know about y’all, but I can’t even move.
Narrator: Hemp, on the other hand, has hardly any THC at all. But what it lacks in THC it makes up for with higher amounts of CBD. Now, CBD won’t get you high, but it does have a redeeming quality: it’s legal. And at least according to the marketing, it has a relaxing effect. So since this stuff is all the rage, let’s see how it’s made.
So, once you have a cannabis plant, one simple way to make extract can be done in your own kitchen.
Lee: As simple as using olive oil or butter and heating the trim from the plant or a little bit of the green material from the plant. Obviously that’s not very useful for mass industrial production, to be cooking up something in your kitchen with butter and cannabis.
Narrator: But the more common way involves a specialized, complex machine.
Lee: One very widespread way is using what’s called a supercritical CO2 extraction. It’s ground up to have the texture initially of like a coffee grind. And it’s poured into vessels, literally, of a supercritical CO2 machine. It will stay in that machine for upwards to 24 hours under different pressures and temperatures at different times of the extraction process. And ultimately you’ll end up with a thick, golden oil that’s very waxy in texture.
Narrator: You can also extract it using ethanol and hydrocarbons.
You can find this oil in a number of different products these days.
Lee: It can be administered in various different forms. It might be ingested, it might be applied topically.
Narrator: They even have CBD oil products for your pets. I stopped by a cafe in New York which sells all sorts of CBD-infused products. I tried a CBD matcha latte and a CBD macaroon. These snacks tasted great, and I felt a little more relaxed after, but it was hard to tell if the CBD was actually doing anything for me or if it was all in my head.
Scientists are actually still trying to figure out exactly how CBD affects the body.
Lee: So, there really is a scientific basis for understanding why CBD can work, but we’re still really a long way of mastering the hows.
Narrator: Still, CBD may have more benefits than just a relaxing afternoon. Some initial studies have shown that CBD can help with a number of different medical conditions. In fact, in June 2018, the FDA approved the first CBD drug, Epidiolex, which is used to treat epilepsy.
So, who knows?
Perhaps we’ll be seeing CBD in more places than just cannabis-decorated vans in the future.
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It's called snake oil and it's really not legal. Recommending CBD as a "general wellness product" or cure for any number of diseases from anxiety to cancer has no evidence to support it. People are being lied to and reporting back with a placebo effect.
I got the OCD for the CBD
I take CBD for my chronic headaches and migraines. I’m really thankful that the people around me recommended I try it out. It doesn’t make me nauseous the way that taking painkillers does and it’s even helped me sleep better. The frequency and severity of my condition has improved and it’s all thanks to this wonderful little oil.
Cannabis is such a profitable industry, because it is federally illegal and the DEA continuously raids legitimate and illegitimate cannabis-related businesses as of 2018. Without this paradigm, prices would be severely lower due to increased amount of suppliers on the market and relative ease of access. Cannabis and related products are NOT legal. They are federally illegal and not recognized by the Federal Drug Administration to have any medicinal value despite the huge amount of empirical data, research, and testimony on behalf of cannabis. It is quite obviously a conspiracy by the government to make more money with increased prison rates and with regulated cannabis industry.
Wow, pure CBD looks almost like peanut butter
CBD oil has worked for me…
It has worked for so many of my friends.
CBD is a billion dollar industry and I am not surprised by it.
Pretty good for anxiety, pain, seizures and please visit projectcbd.com to see the latest researches being done.
JUST GIMMIE GIMMIE GIMMIE TriHard bois.
CBD aka PLACEBO
2:53 “Mah-chah”?
You cant get high on cbd bc it has now thc but some of it does
CBD Oil changed my life.
Another excuse to make your brain dumber lol
No high and helps seizures ,wonder if it helps bad migranes, the the macaroon looks good….but pot highs no thanks.
Oh wait they can extract that out..He sounded high as a kite to me..sheesh..
he looks high..
To learn everything you need to know about CBD, you should check out this page. It really helped me understand how it works without getting too complicated on me. http://dankstarvapes.com/what-is-cbd-and-how-it-works/
He looks high af
1975:there will be flying cars in future!
2018:marijuana becoming a billion dollar industry
Esto es badabun versión ingles
Is it legal for minors?
Got some crypto if you want to get money. Check out UTNP or TON for easy growing
MY MOM TOOK MY VAPE
CBD saved my life – literally. I was ready to give up. I couldn't deal with the back pain any longer. This was my last hope and it worked. So, I became an associate of one of the best CBD products out there. We are allowed to deliver to all the 50 states. It is legal. It does not contain THC. CBD is a cannabinoid from the cannabis plant. It is derived from the leaves and stems, before the flowering stage therefore no THC. IF you want to learn more about the same products that saved my life go here: http://myhealthcpatereau.myctfocbd.com/
Heh, weed. Chek out Universa project, maybe you will be interested much more than by weedsmokers)
That guy was absolutely high
Nutmegs could also have some relaxing effects..
Watch this video get a million views
Lol, legal weed is aabsurd in my country. But anyway, crypto is better way to make invesment
Great project))) Also some people are selling weed on blockchain, so check out Universa project, this is perfectly working blockchain, even weed selling industry can be implementing there
And you're telling me this CBD is not addictive~?
Is he high during this video?))
Also try out Universa, it's amazing project
Now I know why my neighbor has hundreds of peanut butter labels in his garbage, every week…
Do these idiots want TLC
Interesting thing. Also do you know what is going on to the Universa tokens, why they are growing during dump?
Dear America , Marijuana is perfectly legal now. I miss my family. Many of them are in prison
I think A. Borodich also can make business on everthing, he is a great enterpreneur. So check out his new project
Lets get this mastered❤️🌻❤️
http://tracking.diamondcbd.com/aff_c?offer_id=59&aff_id=3485
Yeah, he DEF been hitting those CBD plants
I must be immune to it. I bought a bottle over a month ago and I couldn't honestly tell anyone that it's doing anything for me. My biggest concern is sleep. I still sleep like crap even at 15 drops in the evening.
I tried it on my dog, but his was a type of cancer where it caused it to grow. Dr. Greger NutritionFacts.org did a video and apparently sometimes it shrinks cancer and sometimes it causes it to grow.
I switched him to water fasting and he was healed in 14 days. Water fasting works by lowering the enzyme Heme Oxygenase in 48 hours. That enzyme being elevated tricks the immune system into protecting the Cancer. Water fasting also lowers IGF-1, Methionine, Glucose, VEGF – see Nutritionfacts.org for those topics. It also lowers the viral, bacteria and fungal load of the body and heals the microbiome and these things are part of what causes cancer. It also causes the body to cannibalize bad mitochondria and Cancer is a disease of bad mitochondria. Cells with bad mitochondria make cancer. Scientists moved a nucleus out of a Cancer cell and into a clean cell and found out that it would make cancer only when there was bad mitochondria. Getting rid of bad mitochondria by definition gets rid of cancer. It also allows the pancreatic enzymes trypsin and chymotrypsin time to digest the fibrin which hides Cancer from the immune system.My dog was healed in 14 days. A woman I shared that with tried it for breast cancer and her tumor was gone in 7 days. My brother has a mass on his kidneys right now and I am trying to get him to try it, pray for me to get the message through to him.
Yup… our CBD is the highest quality out there… Come Vibe With Us.
pure CBD is not doing anything , you need THC to activate it , so good job for selling snake oil for idiots how dont bother to research , keep spending your money on a useless garbage that real smokers dont want
CBD OIL VS Hemp Paste is the real question
😎
The government is legalizing drugs so when the robots take your jobs you'll be to high to care.
How did it become a billion dollar industry? Because it's expensive af
Nirvana CBD is the Key