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. Business Insider tells you all you need to know about business, finance, tech, science, retail, and more. Subscribe to our channel and visit us at: http://www.businessinsider.com/ BI on Facebook: https://www.facebook.com/businessinsider/ BI on Instagram: https://www.instagram.com/businessinsider/ BI on Twitter: https://twitter.com/businessinsider -------------------------------------------------- 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.
Tod Cooperman, M.D., explains what's in CBD oil & hemp supplement brands based on ConsumerLab.com's tests and comparisons at https://tinyurl.com/ybk8296j. CBD legality, THC, the clinical evidence, and finding the best price for CBD are discussed. CBD products reviewed are Bluebird Botanicals Hemp Classic, CW Everyday Plus, Elixinol Natural Drops Hemp Oil+, Endoca Raw Hemp Oil, Highland Pharms Hemp Gummies, Im-Bue Em-body, Mary's Nutritionals Muscle Freeze, Nature's Love ReLeaf Salve, Plus CBD Oil's hemp capsules, balm, softgels, drops, gummies and spray, PrimeMyBody Nano-Ennhanced Hemp Oil, Revive P.M. Restore, SOL CBD, and two CBD pet products: Canna-Pet Advanced and CW Paws MCT Oil. Visit the link above for more details about each product, what CBD is, what CBD does, how much CBD is taken in a dose, top picks, and what to look for to find the best CBD product -- for people as well as pets. Since 1999, ConsumerLab.com been independently testing dieting supplements and reporting its findings. ConsumerLab.com is also the only third-party verification group that freely publishes its testing methods and quality criteria/standards. Visit https://tinyurl.com/y9r8xlse to become a member today. #CBDoilreviews #hempoilreviews #CBDtests #Consumerlab
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PAX Labs is a consumer electronics company in the cannabis space. Their cannabis oil based vaporizers are changing the way we consume THC and CBD. Jetty extracts, a cannabis oil producer, takes us through the process of how they make the oil that is consumed in the PAX vaporizers.
Walgreens joins CVS to start selling hemp-based CBD products. NBC medical correspondent Dr. John Torres joins TODAY to discuss what this could mean for you. » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch the latest from TODAY: http://bit.ly/LatestTODAY About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: http://on.today.com/ReadTODAY Find TODAY on Facebook: http://on.today.com/LikeTODAY Follow TODAY on Twitter: http://on.today.com/FollowTODAY Follow TODAY on Google+: http://on.today.com/PlusTODAY Follow TODAY on Instagram: http://on.today.com/InstaTODAY Follow TODAY on Pinterest: http://on.today.com/PinTODAY Walgreens To Start Selling CBD Products: What To Know | TODAY
As CBD popularity explodes, new products are flooding the market. But with little regulation, how can consumers know what’s actually good? For Nick Aragonesi, owner of the CBD Superstore in Queens, New York, that’s the problem he tackles every day. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! Visit NBCNews.Com: http://nbcnews.to/ReadNBC Find NBC News on Facebook: http://nbcnews.to/LikeNBC Follow NBC News on Twitter: http://nbcnews.to/FollowNBC Follow NBC News on Instagram: http://nbcnews.to/InstaNBC Betting Big On CBD: How To Start A Business Few People Understand | NBC News
CRUSH YOUR 2020 GOALS: https://londonreal.link/laplc1yt ReConnect NEW YORK Premiere Tickets: https://londonreal.link/reconnect-ny LEARN CBD INVESTMENT STRATEGIES: https://londonreal.link/cbd-yt NEW MASTERCLASS EACH WEEK: http://londonreal.tv/masterclass-yt FREE FULL EPISODES: https://londonreal.tv/episodes SUBSCRIBE ON YOUTUBE: http://bit.ly/SubscribeToLondonReal Teeka Tiwari is a former Wall Street trader turned cryptocurrency and cannabis industry expert. At age 16 he moved from London to New York City with just $150 in his pocket. Two years later he became the youngest employee at investment bank Lehman Brothers. He later went on to launch a successful hedge fund. Today he shows everyday investors how to grow their wealth safely through a range of financial newsletters FIND OUT HOW TO INVEST MONEY IN CBD - Click here: https://londonreal.link/cbd-ytc Watch the FULL EPISODE here: https://londonreal.tv/e/teeka-tiwari/ TEEKA TIWARI Twitter: https://twitter.com/teekatiwari Website: https://www.palmbeachgroup.com/team-members/teeka-tiwari/ About London Real: Founded by Brian Rose in 2011. London Real is the curator of people worth watching. Our mission is to promote personal transformation through inspiration, self-discovery and empowerment. We feature interesting guests with fascinating stories and unique perspectives on life. We aim to take viewers on a journey through the lives of others and ultimately inspire them to embark on one of their own. Don't miss our weekly episodes, hit subscribe: http://bit.ly/SubscribeToLondonReal Website: http://www.londonreal.tv Facebook: https://www.facebook.com/LondonReal/ Instagram: https://www.instagram.com/therealbrianrose London Real Academy: BUSINESS ACCELERATOR: https://londonreal.tv/biz LIFE ACCELERATOR: https://londonreal.tv/life BROADCAST YOURSELF: https://londonreal.tv/by SPEAK TO INSPIRE: https://londonreal.tv/inspire TRIBE: Join a community of high-achievers on a mission to transform themselves and the world! https://londonreal.tv/tribe #LondonReal #Motivation #TransformYourself
The founder of Joy Organics shares the 10 steps to starting your own CBD business. 1. The first step determining what you are going to call your business. I've got a separate video that you can watch on selecting the right name but in general my advice to you is to select a name that does not include CBD, hemp or cannabis because that just creates red flags for your bank. 2. Set up your business entity. We went to legalzoom.com and you can go there you can set up your LLC which is what we used a limited liability company. I set up the LLC for Joy Organics in less than 15 minutes. My advice on setting up your entity is to use your name. For us our entity is joy organics LLC. If you use the same name then you don't have additional paperwork. 3. Design a Logo I recommend that you go to a company called 99 Designs I believe their rate is like $295 and they have thousands of designers around the world and so you go in there you indicate the logo that you want you give them your name if there's any special colors any special design requests . 4. Set Up a Bank Account Once you get your EIN number which is your employee identification number go to your bank just let them know you're in the health and nutrition business. Don't volunteer any extra information. 5. Apply for a Merchant Account. you have to have a bank account set up you have to have your employee identification number before you can apply for a merchant account below this video I'll also put the name of the person that I would recommend for your merchant account. You want to make sure that you have a special CBD merchant processor 6. Select a good partner to sell you your CBD Oil You want to make sure that you're offering a line of CVD products that result in a high reorder rate because if not you're going to have all kinds of problems. If you're not selling a high-quality CBD product you're going to have people returning the product & you'll have disputes with your merchant processor. The way that you can get shut down in this business and end your experience is if you're chargebacks hit one percent. 7. Build a website. We recommend that you use woo commerce for your shopping cart Shopify which is the most popular shopping cart out there does not do CBD processing at this time so you'd want to use WooCommerce. 8. Secure your social media sites such as Facebook, YouTube, Instagram and Twitter. 9. Find a fulfillment company. Joy Organics has launched their own fulfillment division since the recording of this video. Speak to a specialist to learn more. 10. Put together your marketing strategy. there are thousands of ideas a lot of different ways and the great thing right now in the CBD space is all of them are wide open it's not like well I can't go down this channel because it's pretty saturated I can't do this let me try to find some unique niche no everything is wide open so it's all up to you it boils down to you being creative and the thing I encourage you to do is to make a list of 20 different ways that you can market your CBD products and of course at the top of the list you're gonna make a list of all the most common things that everybody's thinking about but when you get to 16 17 18 19 oh my gosh you're gonna be trying to wrack your brain thinking of ideas and that's when you're gonna think of your best ideas so challenge yourself be creative look. ............................................................................................................... Joy Organics Wholesale: Email - Wholesale@JoyOrganics.com Private Label: Email - PrivateLabel@JoyOrganics.com
Learn the difference between hemp oil and CBD oil from Co-Founder Todd Smith. To learn more, please reach out to email@example.com, or firstname.lastname@example.org!
CBD comes from hemp, a type of cannabis plant that doesn’t get you high. It’s cropping up in everything from lattes to baked goods, with proponents saying it can help treat a range of conditions. But there is only one FDA-approved CBD medication and experts warn that other uses are not backed up by research.