The healing benefits of hemp have been known for centuries, and many ancient medicines used it as a cure for many ailments. However, due to specific components and breeds that were generated by crossing several plants, this herb was not accepted as conventional therapy for a long time.
Only since the 1940s, hemp made a modest breakthrough into traditional medicine. Back then, an accidental discovery of cannabinoids, one of the main elements of this plant that has medicinal properties, happened.
However, these initial studies remained unfinished until the mid-1960s, when the scientists finally discovered the chemical structure of CBD. From that moment on, medicine begins to become interested in these substances. Official science proved that this compound has no psychoactive properties (i.e., does not affect central nervous system functions). On the other hand, THC, which is also a component of cannabis, can cause addictive habits in users.
Other differences between these two components find at this link:
Many controversies are surrounding the legality of CBD oil use. In general, hemp-derived CBD is not a topic of legal debates; breeders cultivate this plant with a lower percentage of THC. The regulations on the cultivation, production, sale, and consumption of CBD products obtained in this way are less rigorous than for medical marijuana (also containing a large amount of CBD). That makes this industry developing at a rapid pace.
CBD Is a Natural Component
The terms ‘hemp’ and ‘marijuana’ are often used in the same context. These are two different types of cannabis, which have very similar properties. As mentioned above, hemp contains a smaller percentage of the psychoactive substance THC (only about 0.3%). In medical marijuana, that percentage is much higher.
CBD is a nonintoxicating compound found in both plants. From both species, manufacturers extract this compound for oil production. The one obtained from marijuana contains a certain percentage of THC; the cannabidiol from hemp seeds and flowers has no psychoactive effect.
However, due to the frequent mixing of these two plants and the oils obtained from their processing, users of CBD products may have legal problems, even in areas where the use of marijuana for medical purposes is permitted.
Brief History of Cannabis and Hemp Use
Throughout history, cannabis has been known to be one of the first herbs to be domesticated. Also, cannabis and its products formed the basis of the US economy at a time of the Great Crisis. However, during this period, various prohibitions on the consumption of psychoactive substances appeared.
Prohibitions on opiate use escalated during the 1960s; at the same time, the commercialization of cannabis and its consumption occurred as a form of rebellion against the system and harsh laws. Countries all around the world adopted conventions to ban the use of marijuana worldwide, but their opponents were persistent in promoting its cannabis legalization. This fight continues to this day.
All the time, the hemp was somehow in the shadow short. Known as an industrial plant, its medicinal properties were recognized in the early nineteenth century. Hemp extract has been proven as a sleep-producing drug and, as seen on http://www.CBDMethods.com, have many other health benefits.
But the ‘bad’ guy, marijuana, gained more popularity. But it was mostly based on negative things – psychoactive effects, addiction disease, adverse effects on behavior, etc. The world neglected the medical benefits of hemp due to widespread recreational use and abuse of marijuana.
Commercialization of Hemp Products
Those who recognized the potential of medical cannabis and hemp a few years ago and took the risk of producing CBD products are now millionaires and market leaders. They have an additional benefit if located in one of the countries where cannabis use is legal. Then, they can make products people will use for both medical and recreational purposes.
CBD oil is undoubtedly the most popular product, but hemp extracts can be used in many different types of merchandise. Nowadays, we can find this component in the pharmacy, skincare industry, even in the food industry. Apparently, hemp seed happens to be a super-food.
Currently, demand for CBD-based products is high. The number of licensed manufacturers is still small and does not meet the needs of the market. Many companies produce synthetic CBD oil, but that obtained from processing plants still has a higher value. The prices of these products are generally high, but this does not diminish interest in CBD products. That is the main reason why this industry is booming.
Where CBD Industry Goes?
There is almost no doubt that the CBD industry is developing unstoppably. It means an increase in the number of participants on the market and the creation of competitive prices soon. For consumers, this is good because they have a more extensive choice of producers. For manufacturers, more players in a market game mean they have to work harder to retain customers, raise profits, and reach business goals.
Reputable companies form the backbone of the CBD industry. By following the rules and regulations, they are transparent about their CBD-extraction process and ingredients in their products. These organizations are working to provide their customers with products based on the highest quality CBD. All these make them the triggers of the considerable growth of the hemp market.
The fast progress of these companies means more chances for farmers and growers, as many people decided to cultivate hemp and grab the piece of ‘profit cake.’ In some countries, hemp producers get licenses to cross-fertilize various breeds and produce new, more useful, plants. That makes room for new product development and expansion into raising markets, as legalizing marijuana means more chances for hemp growers.
As time goes on, science is finding more and more evidence of the effectiveness of cannabidiol. This compound found its purpose in almost every branch of medicine. When there is scientific confirmation, manufacturers can raise awareness of hemp and CBD oils. This evidence is enough to persuade the government of the countries where they operate, to work on solving the problem of the legality of these plants.