The Business of Solving Pain With CBD
Many people who use CBD for the first time have the same thought – why was this ever illegal, and how long is it going to remain legal? There are some really strange reasons why hemp and even marijuana has been kept illegal for the last 80+ years, especially in light of recent research into its efficacy in treating many serious health issues. Because marijuana, CBD, or other derivatives can treat such a wide variety of problems, there’s growing concern that pharmaceutical companies will push back against legalization to protect their profits.
When it comes to pain management alone, CBD can treat a wide variety of pain symptoms and is even showing promise in research for treating opioid addiction. In 2016 the global opioid market was worth $22.96 billion according to a Grandview Research study, and that same study projects the global market will be worth $34.96 billion by 2025. According to the Department of Health and Human Services, in the United States between 2017-2018 42,249 people died from overdosing on opiods, 17,000+ of which were attributed to commonly prescribed opioids. Even over-the-counter pain relievers such as ibuprofen aren’t completely safe – they can increase the risk of heart attack, stroke, and even heart failure. As people start to look for safer alternatives than pharmaceuticals to treat everything from a common everyday headache to post-surgery pain to addiction, CBD and other marijuana or hemp derived substances may start to become still more popular.
CBD can treat pain and inflammation without serious serious side effects and as of yet there aren’t reports of deaths associated with using CBD, making it a much more attractive option for people wanting to treat pain without risking death or serious side effects. But as more studies show CBD’s efficacy and safety and more people begin to use it, many are asking how long it will be before the industry receives pushback.
Source: everydayoptimalcbd
by Mark via The Merkle Hash