NetworkNewsWire Editorial Coverage: The cannabidiol market is large and diverse; just a few years ago, it was rather small but by 2015, consumer sales had reached $202 million, according to the CBD Report published by The Hemp Business Journal. Cannabidiol sales are expected to grow to over $2 billion by 2020. The dollar amounts and projections may seem impressive, but they don’t tell the full story, as market demand is being fueled by an increasing number of applications. Medicinal marijuana is used to treat pain and inflammation, nausea, anxiety and diseases such as epilepsy and glaucoma. The medical community has also explored its cardiovascular health benefits and potential to reduce the incidence of diabetes, help people with Alzheimer’s disease and treat cancer. ChineseInvestors.com, Inc. (CIIX) (CIIX Profile)has added cannabis-based skincare products to the mix, as well as a Yelp-style app where products can be reviewed and discussed. It’s joined in the space by companies such as CV Sciences, Inc. (CVSI), Medical Marijuana, Inc. (MJNA), Terra Tech Corp. (TRTC) and MassRoots, Inc. (MSRT).
ChineseInvestors.com, Inc. (CIIX) is staking its position in the market with several product lines, including hemp-infused skin care products. Cannabis is known to have anti-inflammatory and antioxidant properties. The company noted the benefits in this area in an August 2017 press release (http://nnw.fm/z9WPp). They include improvements to skin complexion, thanks to the omega-3 and omega-6 fatty acids present in hemp seed oil. The fatty acids help keep skin moist and stimulate collagen production, helping skin to become firmer. In fact, the human endocannabinoid system includes cannabinoid receptors in the skin.
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Cannabis Companies Demonstrate the Diverse Nature of the Global Marijuana Market
