Over the course of the past year, cannabidiol, or CBD oil, has quickly become the rock star of the medical marijuana industry because of its ability to treat a variety of conditions — including epilepsy — without exposing patients to intoxicating effects.
However, the cannabinoid is still illegal in most of the United States, which has provided an opportunity for some hemp businesses to market a variation of knockoff CBD treatments that they claim have the same healing power as popular strains such as Charlotte’s Web.
However, after patients began submitting complaints about some of these products, including “Real Scientific Hemp Oil,” claiming they were making them sick, a research firm dedicated to cannabidiol education – called Project CBD – launched a full-blown investigation into the matter. After six months, the organization emerged with a 30-page report entitled “Hemp Oil Hustlers: A Project CBD Special Report on Medical Marijuana Inc., HempMeds and Kannaway,” which began as a curious look into an umbrella penny stock company, but transformed into a dissection of the CBD hemp oil industry and its sometimes shady business practices.
Interestingly, Project CBD found that all three companies featured in the report are operated by the same controlling interest, and shows that Kannaway and HempMeds are both subsidiaries of Medical Marijuana Inc. These companies are infamous for making claims about their legal CBD hemp oil being significant sources for CBD because they are derived from imported hemp paste – implying that legal CBD hemp oil is a suitable alternative to CBD medicine.
Yet, as the report indicates, these products are only technically similar and do not provide the same health benefits as high-CBD cannabis strains. “We believe that industrial hemp is not an optimal source of CBD, but it can be a viable source of CBD if certain hemp cultivators are grown organically in good soil and safe extraction and refinement methods are employed,” wrote the authors of the Project CBD report.
Is The Hemp Revolution Coming?
How to Talk About Cannabis with Your Family This Thanksgiving
Researchers Think That Hemp Could be an Additional Pollen Source for Bees
The Race is On For Cannabis Companies to Create Salve for PTSD
News6 days ago
Federal Government Seeks Cultivators to Grow Thousands of Kilos of Cannabis
News7 days ago
American Student Facing Death Penalty in China for Cannabis Distribution Released
Legalization4 days ago
The IRS is Reportedly Overwhelmed by Cash Payments from Marijuana Businesses
News4 days ago
Doctor Who Uses Medical Marijuana Sues After Being Denied a Gun
News7 days ago
LA County Sheriff’s Deputy Allegedly Faked Raid to Rob Cannabis Facility
Celebrities6 days ago
Norman Reedus Raising Money for Children Using Medical Cannabis
News6 days ago
Oklahoma Approves Over 12,000 Medical Marijuana Licenses
Culture5 days ago
Weed Scams are Trending on Instagram—and People are Falling for Them