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According to our latest market study, titled "CBD Gummies Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Category (Sugar-Free and Conventional) and Distribution Channel (Specialty Stores, Online Retail, and Others)," the market was valued at US$ 2,133.48 million in 2021 and is projected to reach US$ 12,182.21 million by 2028. It is expected to grow at a CAGR of 28.3% from 2021 to 2028. Get Sample PDF- https://www.theinsightpartners.com/sample/TIPRE00017402/ Cannabidiol (CBD) is one of the active ingredients found in cannabis. It is either extracted directly from the hemp plant or synthesized in laboratories. Hemp-derived CBD not having more than 0.3% THC has been legalized at the federal level in the US. CBD helps in reducing pain, anxiety, and stress. It has analgesic and anti-inflammatory properties that help in reducing muscle pain. CBD oil is used in a variety of products. CBD gummies are infused with a measured quantity of CBD oil and are one of the most accessible forms of CBD available for consumption in the market. The rising awareness regarding the health advantages of CBD-infused products is expected to boost the growth of the CBD gummies market. Moreover, the increasing availability of a wide range of products across different retail channels is projected to drive the CBD gummies market during the forecast period. CBD is becoming popular among fitness enthusiasts, athletes, and sportspersons, as it helps in relieving performance-related stress and anxiety. Moreover, it also reduces muscle pain due to its analgesic effects. Celebrities are widely consuming CBD gummies as they help in improving their sleep. Thus, the growing adoption of CBD gummies by sports personalities and celebrities is driving the CBD gummies market. According to the 2019 Gallup Poll, 14% of the US consumers surveyed used CBD products, and 64% of them were familiar with CBD. CBD gummies resemble conventional gummies in terms of appearance and flavor. Moreover, they do not have a strong plant flavor like CBD oil. CBD gummies are one of the most readily available CBD products in various supermarkets and hypermarkets, drug stores, and pharmacies across the US. Due to their health benefits, the growing preference for CBD gummies is projected to drive the CBD gummies market during the forecast period.
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#CBDoil #recreationalmarijuana #cannabisextracts #hemp #cannabinoids DEA states that CBD oil and medical recreational marijuana is against the law New DEA Rule Says CBD Oil Is Really, Truly, No-Joke Illegal that establishes a new drug code for “marijuana extract. “This code,” wrote DEA Acting Administrator Chuck Rosenberg, “will allow DEA and DEA-registered entities to track quantities of this material separately from quantities of marijuana.” The move, the Register entry explained, is meant to bring the US into compliance with international drug-control treaties. There is no major change in law brought about by the Register item. Rather, it serves to clarify and reinforce the DEA’s position on all cannabis extracts, including CBD oil. That position is: They are all federally illegal Schedule I substances. “Extracts of marihuana will continue to be treated as Schedule I controlled substances,” the notice says. CBD oil derived from hemp is now commonly available nationwide via web sites and mail order services. Those operations survive on the assumption that cannabidiol products below the legal threshold for THC percentage in hemp (0.3 percent or less) are technically legal Not so, says the DEA. In the DEA comment on the entry, Rosenberg directly addressed the question: What if it’s only cannabidiol (CBD) and no other cannabinoids? The agency’s response: “For practical purposes, all extracts that contain CBD will also contain at least small amounts of other cannabinoids. However, if it were possible to produce from the cannabis plant an extract that contained only CBD and no other cannabinoids, such an extract would fall within the new drug code” and therefore remain federally illegal. In other words: The DEA is confident that it can find enough traces of other cannabinoids in your CBD oil to arrest and prosecute. And if they can’t, they still have the option of arresting and prosecuting based on the CBD oil itself. What DEA Administrator Rosenberg seems to be saying with this clarification is: You may be able to grow hemp. But if you try to extract CBD oil from it, the DEA considers that a federal crime Although the DEA considers CBD oil to be a federally illegal Schedule I drug, there are temporary safeguards in place that protect patients in many states from federal prosecution over possession of the oil https://www.leafly.com/news/politics/new-dea-rule-says-cbd-oil-really-truly-no-joke-illegal DEA guidance is clear: Cannabidiol is illegal and always has been In December, the DEA issued a rule about marijuana policy that set off a firestorm of criticism from the marijuana reform movement—and particularly among medical marijuana advocates. The rule dealt with a compound found in the cannabis plant called cannabidiol or CBD. CBD is present in most marijuana products, often along with its sister compound THC. The difference between the two is that THC is intoxicating, while CBD is not. So, why is there conflict? Part of the problem has arisen as states have legalized medical and recreational marijuana and a variety of products have become more mainstream. Among these products are CBD oils or other products rich in CBD. They are used by medical marijuana patients for everything from reducing seizures, to serving as an anti-inflammatory, to alleviating anxiety. Often, these products are (incorrectly) called CBD-only products. And what’s more, some companies are shipping these products across state lines, claiming that CBD products are perfectly legal. https://www.brookings.edu/blog/fixgov/2017/02/06/cannabidiol-illegal-and-always-has-been/ Is CBD Oil Legal in 2019? State-By-State and Future Legality Steve Fiorillo Updated May 22, 2019 As the push for legal medical marijuana turned into one of the more universally popular stances in the country, advocates have been pushing for more states to legalize cannabis entirely. While only 9 states currently have legalized recreational marijuana, as an industry weed has had a huge year of growth. This is in large part due to the increasing popularity of products that contain CBD in them. CBD, short for cannabidiol, is one of the hundreds of compounds found in the cannabis plant, and the potential it has shown in helping with pain, seizures and anxiety have made it a natural fit for medical and recreational weed alike Hemp producers who sell CBD products will often use the 2014 Farm Bill to claim that it is legal. This bill includes a provision that allows for the legal cultivation of hemp provided it is used for academic agricultural research or under a state pilot program. But there is still confusion about whether the legal allowance for cultivation also includes selling it. https://www.thestreet.com/lifestyle/health/is-cbd-oil-legal-14802001 Dumbexperts website https://www.dumbexperts.com/index.html
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Eddie Armstrong, Responsible Growth Arkansas and Erika Gee of Wright Lindsey Jennings discuss Arkansas Adult Use Cannabis Amendment to legalize recreational marijuana in Arkansas.
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Delta 8 is temporarily legal in Texas again, KCEN's Maria Aguilera with more. SUBSCRIBE | http://bit.ly/2Z6mT7N Follow 6 News: https://www.instagram.com/kcennews
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More Texas voters say they're against the state banning vapes, drinks and gummies containing THC. This is just one finding from the latest poll from The Texas Politics Project and the University of Texas. KXAN's Will DuPree talked to James Henson, the director of the Texas Politics Project, about voters' feelings on consumable hemp regulation and President Trump's job approval rating. Read more: https://www.kxan.com/news/texas/texans-approval-of-trump-abbott-sours-poll/ Stay informed about Austin and Central Texas news, weather, investigations and sports on our website and social media: https://www.kxan.com/ https://www.youtube.com/c/KXANAustinNews?sub_confirmation=1 https://www.facebook.com/KXANnews/ https://twitter.com/KXAN_News https://www.instagram.com/kxan_news
