What Is CBD Oil And How Did It Become A $1 Billion Industry?

You might have noticed a lot of products lately that are infused with CBD. But what exactly is CBD? CBD stands for cannabidiol, and it's part of the cannabis plant from which we also get marijuana. We spoke with Martin A. Lee, author of "Smoke Signals: A Social History of Marijuana - Medical, Recreational and Scientific" and the director of Project CBD to find out what exactly CBD is.

Business Insider tells you all you need to know about business, finance, tech, science, retail, and more.
Subscribe to our channel and visit us at: http://www.businessinsider.com/
BI on Facebook: https://www.facebook.com/businessinsider/
BI on Instagram: https://www.instagram.com/businessinsider/
BI on Twitter: https://twitter.com/businessinsider

--------------------------------------------------

Following is a transcript of the video:

Narrator: With all the weed trucks and imagery all over New York these days, you might think to yourself, "Hey, is marijuana legal now?"

Not quite.

What these companies are selling is actually something called CBD. It's found in everything from lollipops to lattes.

And business is booming.

CBD products are part of what is estimated to be a roughly one billion dollar industry in the United States. And it's perfectly legal.

So, what does CBD have that marijuana doesn't?

Martin Lee: The fact of the matter is we're kind of in the midst of a CBD craze right now.

Narrator: Martin Lee is the director of Project CBD, an educational platform that focuses on cannabis science and therapeutics.

Lee: CBD stands for cannabidiol. That's a component of the cannabis plant that has significant therapeutic properties, but it's not intoxicating. It doesn't get you high like THC.

Narrator: As it happens, not all cannabis plants are created equal. Take a look at these two varieties. One is marijuana, the other is hemp. One gets you high, the other doesn't. The key difference is what's on the inside.

Lee: THC and CBD are the main components of the cannabis plant.

Narrator: THC is what makes you feel high, and marijuana plants are loaded with it.

Dave Chappelle: I don't know about y'all, but I can't even move.

Narrator: Hemp, on the other hand, has hardly any THC at all. But what it lacks in THC it makes up for with higher amounts of CBD. Now, CBD won't get you high, but it does have a redeeming quality: it's legal. And at least according to the marketing, it has a relaxing effect. So since this stuff is all the rage, let's see how it's made.

So, once you have a cannabis plant, one simple way to make extract can be done in your own kitchen.

Lee: As simple as using olive oil or butter and heating the trim from the plant or a little bit of the green material from the plant. Obviously that's not very useful for mass industrial production, to be cooking up something in your kitchen with butter and cannabis.

Narrator: But the more common way involves a specialized, complex machine.

Lee: One very widespread way is using what's called a supercritical CO2 extraction. It's ground up to have the texture initially of like a coffee grind. And it's poured into vessels, literally, of a supercritical CO2 machine. It will stay in that machine for upwards to 24 hours under different pressures and temperatures at different times of the extraction process. And ultimately you'll end up with a thick, golden oil that's very waxy in texture.

Narrator: You can also extract it using ethanol and hydrocarbons.

You can find this oil in a number of different products these days.

Lee: It can be administered in various different forms. It might be ingested, it might be applied topically.

Narrator: They even have CBD oil products for your pets. I stopped by a cafe in New York which sells all sorts of CBD-infused products. I tried a CBD matcha latte and a CBD macaroon. These snacks tasted great, and I felt a little more relaxed after, but it was hard to tell if the CBD was actually doing anything for me or if it was all in my head.

Scientists are actually still trying to figure out exactly how CBD affects the body.

Lee: So, there really is a scientific basis for understanding why CBD can work, but we're still really a long way of mastering the hows.

Narrator: Still, CBD may have more benefits than just a relaxing afternoon. Some initial studies have shown that CBD can help with a number of different medical conditions. In fact, in June 2018, the FDA approved the first CBD drug, Epidiolex, which is used to treat epilepsy.

So, who knows?

Perhaps we'll be seeing CBD in more places than just cannabis-decorated vans in the future.

I accept that this data will be stored on the website after I clicked submit
I have read the privacy policy and accept it.

«Здравствуйте, друзья. Я из Джины из России, чтобы поделиться опытом. У моей жены был диагностирован первичный рак печени 4-й стадии в марте 2019 года, доктор сказал нам, что не нужно много делать, так как опухоль на 7 дюймов покрывала нижнюю долю мочи. и также распространилась на ее лимфатические узлы, чтобы эта милая история была короткой, она была в состоянии излечиться с помощью масла конопли, которое мы получили от доктора Стайлза Лестера. И я обещаю поделиться этим свидетельством, чтобы спасти жизнь. Вы можете связаться с ним за помощь сегодня! Электронная почта: lesterstiles25@gmail.com
Мобильный: +1 (216) 465 5497)
WhatsApp: +1 (216) 465 5497
К.Э.О.: Стайлз Лестер "

I think that new trend should be cannabis anal and vaginal glide (lubricator) for smoothing strengthening flexibility and moisturizing tissue

I've been avoiding soaps and body washes that use this oil 😂😂😂😂😂😂

hi sir a.m from oman i need 1 picse

Really nice bro.
Anybody of you have tryed cbdlisbon.eu ?

CBD Tea from www.thelifetea.com helped so much my weight, stress levels - I will never take another prescription again

hempworx.com/carlitoreo
For more info on CBD

CBD does absolutely nothing for me. The only thing that helps my anxiety is cannabis.

I tried smoking cbd oil with an electronic cigeret and it made me really happy

H3 Infusion Hemp Extract is water soluble 2%CBD, available at Amazon, Etsy and Ebay.

All CBD is not created equal. Many brands do not contain enough of the actual substance to have any real effect, which is why you want to use a lab tested brand that is tried and true. We have the highest quality CBD oil available from 500mg up to 1500mg. w/ thc, as well as thc free varieties. 60 day empty bottle money back guarantee. Wholesale Options available @t​

I tried and loved @t the best and there is no taste!

Awesome

wait, newark? like nj newark? holy shit, i have to check this out.

Cbd doesn’t do shit.

My guys Higher than a kite

Thanks for posting this video now I know how CBD is made.

Not saying hemp can be used for other things or doesn't have beneficial properties hemp oil can be used for cooking or many other things but if you're looking for the full effects of CBD oil and you're looking for a pure potent extraction that is a separate process which comes from the Cannabis bud

This video is completely and utterly wrong and misleading. CBD doesn't come from hemp there's no difference between marijuana and hemp it's just a different word for the exact same thing CBD is specifically and separately extracted through a extraction process and is only pure if extracted the first time it's the plant is reused the extraction is " stepped on " and not pure which is what a lot of these companies do...
ALL cannabis plants contain CBD and THC some strains however have higher contents of CBD and some have higher contents of THC if you ever see hemp oil you're getting ripped off and you clearly don't understand the concept of how the oil is extracted from the cannabis plant, it does not come from the stem or the fan leaves it comes from the bud

How many people die?

How did it become a billion dollar industry? Because it's expensive af

The government is legalizing drugs so when the robots take your jobs you'll be to high to care.

😎

CBD OIL VS Hemp Paste is the real question

pure CBD is not doing anything , you need THC to activate it , so good job for selling snake oil for idiots how dont bother to research , keep spending your money on a useless garbage that real smokers dont want

Yup... our CBD is the highest quality out there... Come Vibe With Us.

I tried it on my dog, but his was a type of cancer where it caused it to grow.  Dr. Greger NutritionFacts.org did a video and apparently sometimes it shrinks cancer and sometimes it causes it to grow. 

I switched him to water fasting and he was healed in 14 days.  Water fasting works by lowering the enzyme Heme Oxygenase in 48 hours.  That enzyme being elevated tricks the immune system into protecting the Cancer.  Water fasting also lowers IGF-1, Methionine, Glucose, VEGF - see Nutritionfacts.org for those topics.  It also lowers the viral, bacteria and fungal load of the body and heals the microbiome and these things are part of what causes cancer.  It also causes the body to cannibalize bad mitochondria and Cancer is a disease of bad mitochondria.  Cells with bad mitochondria make cancer.  Scientists moved a nucleus out of a Cancer cell and into a clean cell and found out that it would make cancer only when there was bad mitochondria.  Getting rid of bad mitochondria by definition gets rid of cancer.  It also allows the pancreatic enzymes trypsin and chymotrypsin time to digest the fibrin which hides Cancer from the immune system.My dog was healed in 14 days.   A woman I shared that with tried it for breast cancer and her tumor was gone in 7 days.  My brother has a mass on his kidneys right now and I am trying to get him to try it, pray for me to get the message through to him.

I must be immune to it. I bought a bottle over a month ago and I couldn't honestly tell anyone that it's doing anything for me. My biggest concern is sleep. I still sleep like crap even at 15 drops in the evening.

Yeah, he DEF been hitting those CBD plants

Lets get this mastered❤️🌻❤️

I think A. Borodich also can make business on everthing, he is a great enterpreneur. So check out his new project

Dear America , Marijuana is perfectly legal now. I miss my family. Many of them are in prison

Interesting thing. Also do you know what is going on to the Universa tokens, why they are growing during dump?

Do these idiots want TLC

Now I know why my neighbor has hundreds of peanut butter labels in his garbage, every week...

Is he high during this video?))

Also try out Universa, it's amazing project

And you're telling me this CBD is not addictive~?

Great project))) Also some people are selling weed on blockchain, so check out Universa project, this is perfectly working blockchain, even weed selling industry can be implementing there

Lol, legal weed is aabsurd in my country. But anyway, crypto is better way to make invesment

Watch this video get a million views

Nutmegs could also have some relaxing effects..

That guy was absolutely high

Heh, weed. Chek out Universa project, maybe you will be interested much more than by weedsmokers)

MY MOM TOOK MY VAPE

Got some crypto if you want to get money. Check out UTNP or TON for easy growing

Is it legal for minors?

Esto es badabun versión ingles

1975:there will be flying cars in future!
2018:marijuana becoming a billion dollar industry

He looks high af

To learn everything you need to know about CBD, you should check out this page. It really helped me understand how it works without getting too complicated on me. http://dankstarvapes.com/what-is-cbd-and-how-it-works/

he looks high..

No high and helps seizures ,wonder if it helps bad migranes, the the macaroon looks good....but pot highs no thanks.
Oh wait they can extract that out..He sounded high as a kite to me..sheesh..

Another excuse to make your brain dumber lol

CBD Oil changed my life.

You cant get high on cbd bc it has now thc but some of it does

2:53 “Mah-chah”?

CBD aka PLACEBO

JUST GIMMIE GIMMIE GIMMIE TriHard bois.

CBD oil has worked for me...

It has worked for so many of my friends.

CBD is a billion dollar industry and I am not surprised by it.

Pretty good for anxiety, pain, seizures and please visit projectcbd.com to see the latest researches being done.

Wow, pure CBD looks almost like peanut butter

Cannabis is such a profitable industry, because it is federally illegal and the DEA continuously raids legitimate and illegitimate cannabis-related businesses as of 2018. Without this paradigm, prices would be severely lower due to increased amount of suppliers on the market and relative ease of access. Cannabis and related products are NOT legal. They are federally illegal and not recognized by the Federal Drug Administration to have any medicinal value despite the huge amount of empirical data, research, and testimony on behalf of cannabis. It is quite obviously a conspiracy by the government to make more money with increased prison rates and with regulated cannabis industry.

I take CBD for my chronic headaches and migraines. I’m really thankful that the people around me recommended I try it out. It doesn’t make me nauseous the way that taking painkillers does and it’s even helped me sleep better. The frequency and severity of my condition has improved and it’s all thanks to this wonderful little oil.

I got the OCD for the CBD

It's called snake oil and it's really not legal. Recommending CBD as a "general wellness product" or cure for any number of diseases from anxiety to cancer has no evidence to support it. People are being lied to and reporting back with a placebo effect.

That guy is surely smoking some serious shit.... Just look at his eyes

i tried cbd oil for my anxiety and it did nothing for me, it's just a waste of your money

That's guy is like a drunk guy saying he's not drunk , but with weed

Why does he sound like a more relaxed version of Donald Trump

What's the point? Just because it contains hemp... Are we that desperate... Do some cherity people of you want to feel good

That guy is definitely baked

I like candy

I rather suck some lolipop than weeds

That man looks like he’s been smoking lil bit too much