Landis expects prices to come down 10 to 20 percent over the next few years. The biggest reason is that hemp cultivation is likely to dramatically increase. Senate Majority Leader Mitch McConnell is among the farm-state legislators who are pushing for hemp to be legalized at the federal level. McConnell’s state, Kentucky, is already one of the leading hemp producers. CBD manufacturers’ raw material expenses will drop significantly once enough farmers figure out how to profitably grow hemp, says PurePower CEO McLaughlin.
“This is a really powerful compound,” says Mikhail Kogan, the medical director of the George Washington University Center for Integrative Medicine. “I’ve seen it work for a lot of my patients.” He prescribes high-CBD strains of cannabis regularly for such illnesses as epilepsy, post-traumatic stress disorder, anxiety, autoimmune disorders, autism and insomnia.
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Can CBD oil help anxiety? Cannabidiol (CBD) is a chemical occurring in cannabis plants. It is possible to add CBD oil to food, and an increasing amount of evidence suggests that it may improve mental health, particularly anxiety. It does not seem to have adverse side effects, but CBD oil is illegal in some states. Learn more about CBD oil here. Read now
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