CBD is Quickly Changing the $4.2 Trillion Health a
Post# of 254
Thu March 7, 2019
HOUSTON, TX / ACCESSWIRE / March 7, 2019 / As cannabidiol (CBD) just begins its cultural renaissance, the market could balloon to $22 billion by 2022, notes The Brightfield Group.
One of the biggest industries - the $4.2 trillion wellness industry is already benefiting.
The very healing properties of marijuana are why spa, wellness and skincare industries are introducing a range of products with cannabis as a key ingredient, including lubricants.
In fact, CBD has been linked to heightened sexual experiences. Most recently, studies suggest that small doses of THC and/or CBD, is boosting libidos, according to The Aspen Times. "Researchers at Stanford, who have conducted the largest study to date, found from a data set of 28,176 women and 22,943 men, that compared with cannabis abstainers, men who used it weekly reported having 22% more sex, while women reported having 34% more sex."
Some of the companies that are already benefiting from the CBD boom interest include The Yield Growth Corporation (CSE:BOSS)(OTCQB:BOSQF) , Green Growth Brands Inc. (GGBXF) (CN:GGB)(OTC:GGBXF), and The Green Organic Dutchman (TGODF) (TO:TGOD)(OTC:TGODF).
The Yield Growth Corporation's (BOSS)(BOSQF) subsidiary Urban Juve for example just filed a Registration with Health Canada for a formula entitled "Sensual Lubricant" which contains hemp root oil produced with Urban Juve's patent pending extraction technology.
Yield Growth (BOSQF), through its subsidiary, has filed a provisional patent application in the U.S. for Sensual Lubricant designed to increase female pleasure. In the application, it claims that its invention of combining certain cannabinoids with other botanicals and Hemp Root Oil, will dilate capillaries, increasing blood flow and heightening sensitivity, while Cannabidiol will work to relax blood vessels and muscle tension, leading to easier, more pleasurable intercourse and increased orgasms. Yield Growth will need to conduct clinical trials to support its claims.
"There is a dearth of libido-enhancing medical products on the market for women, largely due to the medical community's history of turning a blind eye to women's health needs," says Bhavna Solecki, Director of Products at Urban Juve. "Cannabis has played an important role in women's sex lives throughout the centuries, as an all-purpose ingredient to treat any manner of sexual or reproductive ailment."
https://seekingalpha.com/pr/17436954-cbd-quic...ess-market