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CBD Consumer Market Expected To Reach $2.1 Billion By 2020
July 20th, 2017 -A recent report by the Hemp Business Journal predicts that the CBD consumer market will grow to $2.1 billion by 2020, with $450 million of those sales coming from hemp-based sources. Some experts have even higher expectations the CBD market, such as Matt Karnes of Greenwave Advisors, who predicts the CBD market…
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Chilean Pharmacies start selling Medical Cannabis
June 8th, 2017 – Chile has become the first country in South America to sell cannabis-based medicines at pharmacies. The pilot program was launched yesterday at two pharmacies in capital Santiago, which will sell the T100 and TC100 chronic pain-relief medicines made in Canada. It is the first time such treatments have been offered by drug…
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Rigorous Study Shows CBD Reduces Epileptic Seizures in Children
May 31st, 2017 – Medical researchers have confirmed what some desperate parents have been claiming for years—that a nonpsychoactive component of marijuana known as cannabidiol (CBD) can reduce epileptic seizures in some children. Published in The New England Journal of Medicine, the findings stem from a double-blind, placebo-controlled study—the most scientifically rigorous type of investigation possible.…
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Israel: Public use of Cannabis Oil & Vapor to be Allowed
May 15th, 2017 – New medical marijuana rules in Israel will allow patients to consume cannabis as an oil or vapor in public and will reduce wait times for patients to receive authorization to use and possess medical marijuana, according to a report from Jerusalem Online. Israeli Health Minister Ya’akov Litzman Israel is a leader…
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Milestone Study Shows Patients Swapping Pharmaceuticals for Cannabis
April 7th, 2017 – TORONTO, ON – (April 7, 2017) – Today, Canabo Medical Inc. (TSX-V:CMM) (OTCQB:CAMDF) (“Canabo” or the “Company”) released the results of a new, landmark observational study that connects doctor-supervised medical cannabis treatments to a sharp drop in benzodiazepine reliance among Canadian patients. Research conducted over the past year revealed that 40 per…
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Speaker Ryan: CBD Legalization May Pass U.S. House
The top elected Republican in the United States said the U.S. House of Representatives may vote to legalize CBD, potentially opening a bounty of new market opportunities for this form of marijuana oil. House Speaker Paul Ryan, a Wisconsin Republican, told a local broadcaster Monday he’s fairly confident a CBD legalization measure can pass the…
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Ralph Nader: “Marijuana Legalization is a Potential Massive Gift to Society”
November 19th, 2015 – Consumer advocate Ralph Nader believes marijuana legalization holds the potential to be a “massive gift to society”, so long as the industry gets the regulations right. And believe it or not, the fate of the planet may well rest on how well we do it. Speaking to cannabis industry members during his…
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CBD a Wonder Drug for Child Epilepsy?
TORONTO – An Alberta mother whose daughter has severe epilepsy has travelled to Ontario for a medical marijuana prescription after the girl’s doctor said he was no longer allowed to provide permission to purchase the product. In 2013, Sarah Wilkinson had started extracting cannabis oil from dried marijuana — purchased from a licensed grower with…
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Vermont Dispensaries Want to Grow Hemp for CBD
August 28th, 2015 – State officials in Vermont are asking lawmakers to allow marijuana dispensaries to grow hemp plants and produce and sell cannabidiol. The dispensaries want to sell the oil as a treatment for children who suffer from seizures and other neurological symptoms, according to Lindsay Wells, marijuana program administrator at the Department of…
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CannaVest Opens European Offices
LAS VEGAS, NV – CannaVest Corp (CANV), a leading manufacturer and distributor of hemp-derived cannabidiol (CBD) products, today announced an expansion effort that will build global brand presence, expand commercial relationships and increase bulk hemp oil offerings with the launch of its newest division, CannaVest Europe™. CannaVest Europe made its unofficial introduction with its exhibit…