August 2019 - Page 3 of 5

TuesdayAug 20, 2019 4:00 pm

Federal Agency Announces That Credit Unions Can Serve CBD and Hemp Businesses

A federal financial agency released an update to its guidelines on CBD and hemp banking on Monday in response to pressure from numerous lawmakers asking for clarification on the matter. The National Credit Union Administration-NCUA revealed in its interim guidance that there is no problem for credit unions to provide banking services to CBD and hemp businesses since these industries became legal after the enactment of the Farm Bill in 2018. The guidelines underscore the potential of hemp and CBD and reiterate the importance of access to banking services if the players in those industries are to realize the full…

TuesdayAug 20, 2019 9:00 am

3 Tests for CBD Manufacturers Who Will Win With Mainstream Retailers

Let’s face it, mainstream retailers hold the key to getting different CBD products to the millions of clients that CBD manufacturers would like to reach. Unfortunately, not all CBD manufacturers will win the hearts of mainstream retail giants, and those that do will have to pass the following three tests. The Scalability Test Many CBD companies are startups that are looking for their big break into the market. The ones that will attract the attention of big distributors and mainstream retailers are the ones that are poised to quickly scale up their production in order to meet the large orders…

MondayAug 19, 2019 4:00 pm

CBD Could Ease Menopause Symptoms

Most women will admit that they dread the time they will undergo menopause because of the dreadful symptoms associated with this phase of their life. Now anecdotal evidence is accumulating to the effect that CBD can alleviate most of the symptoms linked to menopause. Menopause, which is categorized into perimenopause, menopause and post-menopause, can trigger effects which last for years. The most common symptoms are hot flashes, night sweats, mood swings, anxiety, depression and many others. Reports are emerging that women who smoke cannabis which is high in cannabidiol (CBD) or use CBD products made from hemp get relief from…

MondayAug 19, 2019 9:00 am

Study Finds that CBD Reduces Aggressive Behavior

A new study done by scientists in Brazil has found that cannabidiol (CBD) can reduce the aggressiveness induced by isolation. The findings of this research were published in Progress in Neuro-Pharmacology and Biological Psychiatry. The scientists were from the medical school of the University of Sao Paolo and the Sao Paolo Center of Applied Research in Neuroscience. A resident-intruder test model was used to study what effects varying doses of CBD would have on several groups of mice isolated for several days before new ones are introduced into their cages. The prolonged isolation causes the “residents” to act aggressively towards…

FridayAug 16, 2019 4:00 pm

Could Your Next Pain Medication Be a CBD Patch?

As the different methods through which CBD can be delivered continue to evolve, CBD patches are set to make their mark as well. CBD is widely credited with having analgesic, anti-inflammatory and other effects related to pain management. Could CBD pain patches therefore be the next big thing in pain management? Why CBD Pain Patches May Catch On One of the reasons why CBD patches may captivate consumers is that the effects of the compound can be noticed sooner when compared to other methods of administration. For example, when CBD is taken orally, one may have to wait for an…

FridayAug 16, 2019 9:00 am

Top FDA Official Blames Federal Drug Scheduling System for Inhibiting CBD Research

Lowell Schiller, the FDA Principal Associate Commissioner for Policy, has said that the drug scheduling system of the FDA has hampered the ability of the scientific community to research CBD, and the FDA is now scrambling to fill the knowledge gaps that would have been filled long ago. Schiller made these remarks while speaking at the 2019 Hemp Business Summit organized by the National Industrial Hemp Council on Tuesday. The FDA official kept repeating that the agency was “excited” about the potential of CBD. During his speech, Schiller emphasized that the FDA has regulatory authority over hemp and any products…

ThursdayAug 15, 2019 4:00 pm

CBD Drug Receives EMA Marketing Approval

A CBD-based drug, Epidiolex, has received the nod from the European Medicines Agency (EMA) to start being marketed as an additional treatment alternative for two kinds of seizures. This recommendation will now be presented to the European Commission for a final vote before the drug can access the EU market. It is almost certain that the EU Commission will approve the drug since the commission normally endorses the recommendations made by the human medicines committee of the European Medicines Agency. The EMA based on the results of four randomized tests that the manufacturer of the drug conducted to show that…

ThursdayAug 15, 2019 12:08 pm

Neutra Corp. (NTRR) is “One to Watch”

Sports performance medicine and nutrition is a strong focus for Neutra. As the company’s new Sports Performance Medical Advisor, Dr. Cherry will continue his recent work designing tailored medical programs and services focused on human performance. Neutra will aggressively target the promising sports nutrition market, a segment with sales that are currently expected to reach $11 billion by 2023. Neutra is developing third-party certified hemp-derived CBD health and nutritional product lines for consumers. Hemp-based CBD consumer projects generated sales of up to $390 million in 2018 with analysts predicting sales of hemp-based products could reach $22 billion by 2022. Leadership…

ThursdayAug 15, 2019 9:00 am

High Fat Food Increases Oral CBD Absorption, Study Finds

Last year, the FDA approved the use of a drug derived from CBD to treat a rare form of pediatric epilepsy. Even with such regulatory action, the scientific community has been unsure about the way food promotes or hinders the absorption of CBD taken orally into the body. This question prompted researchers at the University of Minnesota to conduct a clinical trial to examine whether eating a meal high in fat could improve the rate at which one’s body absorbed orally administered CBD. The researched measured the amount of CBD that could be detected in the blood of patients at…

WednesdayAug 14, 2019 4:00 pm

CBD Dispensing Robots Make Their Debut in NYC

Greenbox Robotics has installed its first set of artificial intelligence powered robots to dispense cannabidiol (CBD) in New York City. These first bots were installed at Come Back Daily, a CBD and wellness products retailer. Zack Johnson, the founder of Greenbox Robotics, believes that these robots will play a major role in boosting the business of CBD companies. This is because the robots can be accessed even during hours when the business premises are closed. Greenbox also sees their robots speeding up the sales process since many clients will be able to make their purchase using these machines instead of…