What Is CBD Oil And How Did It Become A $1 Billion Industry?

What Is CBD Oil And How Did It Become A $1 Billion Industry?


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.

67 thoughts on “What Is CBD Oil And How Did It Become A $1 Billion Industry?

  1. What's the point? Just because it contains hemp… Are we that desperate… Do some cherity people of you want to feel good

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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..

  7. 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/

  8. 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

  9. 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.

  10. 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.

  11. 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

  12. This video is completely and utterly wrong and misleading. CBD doesn't come from hemp there's no difference between marijuana and hemp it's just a different word for the exact same thing CBD is specifically and separately extracted through a extraction process and is only pure if extracted the first time it's the plant is reused the extraction is " stepped on " and not pure which is what a lot of these companies do…
    ALL cannabis plants contain CBD and THC some strains however have higher contents of CBD and some have higher contents of THC if you ever see hemp oil you're getting ripped off and you clearly don't understand the concept of how the oil is extracted from the cannabis plant, it does not come from the stem or the fan leaves it comes from the bud

  13. Not saying hemp can be used for other things or doesn't have beneficial properties hemp oil can be used for cooking or many other things but if you're looking for the full effects of CBD oil and you're looking for a pure potent extraction that is a separate process which comes from the Cannabis bud

  14. All CBD is not created equal. Many brands do not contain enough of the actual substance to have any real effect, which is why you want to use a lab tested brand that is tried and true. We have the highest quality CBD oil available from 500mg up to 1500mg. w/ thc, as well as thc free varieties. 60 day empty bottle money back guarantee. Wholesale Options available @t​

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