Cannabidiol, also known as CBD, is a white crystalline powder extracted from industrial hemp seeds.
Tetrahydrocannabinol (THC), the predominant psychoactive cannabinoid in marijuana, produces the “high” feeling often associated with marijuana.
Unlike THC, however, CBD is not psychoactive. This property makes cannabidiol an attractive option for those seeking relief from pain and other symptoms without the effects of marijuana or certain drugs.
CBD oil is made by extracting CBD from the hemp plant and then diluting it with a carrier oil such as coconut oil or hemp seed oil.
It’s gaining momentum in the health field, with several scientific studies confirming that it can relieve symptoms of conditions such as chronic pain and anxiety.
In a survey of 4,000 respondents, consumers generally indicated that cannabidiol was adequate in the following areas:
- 63% of consumers say cannabidiol has stress-reducing and antidepressant properties;
- 52% of consumers said CBD helped their sleep quality;
- 38% said cannabidiol provided relief from joint pain;
CBD Industry
As the most mature CBD industry, North America is currently the largest market. The industrial scale has been fully realized. We conservatively estimate the value of the CBD industry to reach $18.1 billion in 2021. In 2019, the estimated size of my country’s CBD market is only 570 million yuan.
Cannabis has been used to treat pain as early as 2900 BC. Recently, scientists have discovered that certain components of cannabis, including CBD, are highly effective for pain relief.
The human body contains a specialized system called the ECS, which is involved in regulating various functions, including sleep, appetite, pain, and immune system responses. Endocannabinoids in humans bind to ECS receptors in the nervous system via neurotransmitters. Research has shown that CBD can help reduce chronic pain by affecting ECS receptor activity, reducing inflammation, and interactions with neurotransmitters.
For example, one study in rats found that CBD injections reduced pain responses to surgical incisions, and another study in rats found that oral CBD treatment significantly reduced sciatic nerve pain and inflammation.
Some countries have approved an oral spray called Sativex, which is a combination of THC and CBD for the treatment of pain associated with multiple sclerosis.
In a study of 47 patients with multiple sclerosis, patients treated with Sativex for one month had significant improvements in pain, walking, and muscle spasms compared to a placebo group.
Another study found that Sativex significantly improved pain with exercise, rest, and sleep quality in 58 patients with rheumatoid arthritis.
As we have seen, CBD oil does show a lot of pain relief potential. Data suggest that it can be used to help manage chronic pain in many conditions. In addition, it also has broad application prospects in relieving insomnia anxiety, anti-epilepsy, and so on.
In recent years, industrial hemp cultivation and processing policies and regulations in various countries around the world have been further loosened. Industrial hemp has appeared in industries such as papermaking, textiles, building materials, industrial oils, functional health foods, cosmetics, and medicine, and the market continues to increase.
In the past, there were some problems in the production process of products containing CBD extracted from industrial hemps, such as process safety and regulatory transparency. As an emerging revolutionary technology, blockchain technology has the characteristics of trustworthiness, immutability, and traceability.
We gather global professionals to jointly develop the Best Biology Resources Chain project to create an advanced comprehensive blockchain business platform, empower traditional agriculture and high-end manufacturing, make product traceability simple and easy, and comprehensively enhance the application value of CBD, Industrial value, assisting government supervision, increasing planting income, increasing national taxation, and allowing global consumers to buy high-grade medicines, cosmetics, food, and related products with confidence.
