American Consequences - March 2019

available online and at many health and wellness stores in the U.S. They’re seeing positive results. There are countless individual citizens who are CBD devotees and are certain of its benefits. Because of its many applications, the potential market for CBD consumer products and pharmaceuticals is enormous. Market research suggests the U.S. CBD market is worth at least $174 million, a small slice of the overall supplement market. But it could easily skyrocket to over $1.6 billion by 2021. As impressive as that sounds, I think it’s conservative... CBD’s medicinal properties are so obvious that not even the braindead busybodies in the U.S. federal government can deny it anymore. Last June, for the first time ever, the FDA finally approved a prescription cannabis- based drug, Epidiolex, which is used to treat seizures. CBD is the active ingredient in Epidiolex. Sales of Epidiolex are expected to reach $1.3 billion over a similar time frame as the 2021 estimates above. And that’s just one CBD product. Earlier this month, Coca-Cola (the world’s largest beverage company) suggested it might get into the CBD market. According to Bloomberg, a Coca-Cola spokesman said: We are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world.

including epilepsy, PTSD, and cancer, yet it’s been extremely difficult to study the plant. That’s because the federal government still classifies it as a Schedule 1 drug, the government’s most severe classification. Marijuana’s Schedule 1 status means the feds believe it has “no accepted medical use.” For this reason, the U.S. government has needlessly stunted the research and study of marijuana’s medicinal properties for more than 80 years . At the same time, the FDA has given its blessing to prescription opioids, many of which are paid for with Medicaid and Medicare. CBD’s medicinal properties are so obvious that not even the braindead busybodies in the U.S. federal government can deny it. So the government has been restricting research and punishing people seeking safer alternatives like cannabis, while also subsidizing opioid use. THE BLOSSOMING CBD MARKET Besides the medicinal benefits, there’s potentially an even bigger health and wellness story to CBD. CBD is genuinely hot in this space and getting a lot of attention. You’ve probably seen certain websites and stores selling an assortment of CBD gels, capsules, oils, sprays, and edibles. There’s a good reason for all this excitement... CBD works. Everyday people aren’t waiting for the feds’ permission. They’re buying the CBD gels, capsules, oils, sprays, and edibles already

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