What is CBD oil, and why is it so expensive? - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Why CBD oil is so expensive

Depending on who you ask, CBD oil can be a miracle cure, a snake-oil placebo, or something vague in between. This poorly regulated industry, which has boomed over the last three years, is a minefield for newcomers. Considering that manufacturers are unauthorized to make medical claims, how can one CBD oil cost $50, while another of the same volume costs $390? And are premium CBD oils justified for being so expensive?CBD stands for cannabidiol.

More worryingly, lab tests conducted by the Centre for Medicinal Cannabis found that 62% of CBD products tested in the UK didn't contain the cannabidiol content promised on the label. One product actually contained no CBD whatsoever. CBD is shrouded in mystery and confusion for the consumer. On the one hand, a 2018 cross-sectional study of CBD users found that almost 62% "reported using CBD to treat a medical condition," stating that CBD has "broad therapeutic value.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Most expensive items on wedding registries were massage chair, hot tub - Business InsiderMassage chairs, hot tubs, and electric mountain bikes: The 14 most expensive items that appeared on wedding registries in 2019
Source: BusinessInsider - 🏆 729. / 51 Read more »

What the fintech pros are saying about 2020 - Business Insider - Business InsiderBusiness Insider Intelligence's fintech research team asked industry leaders for their 2020 fintech predictions — and what didn't pan out in 2019.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Next market crash: Why stocks are at risk of correction early in 2020 - Business Insider'Sentiment is too darn high': A Wall Street equity chief crying foul on the stock market's melt-up lays out the evidence that a plunge is on the horizon The plunge:
Source: BusinessInsider - 🏆 729. / 51 Read more »

What 'tech intensity' is and why Microsoft won't stop talking about it - Business InsiderMicrosoft yet again touted the phrase 'tech intensity' as it positions itself as the premiere vendor for digital transformation. Here's a list of 21 new districts: Siddipet, Jayashankar, Jangaon, Jagtial, Yadadri, Warangal, Peddapally, Sangareddy, Kamareddy, Mancheriyal, Kothagudem, Vikarabad, Rajanna, Asifabad, Suryapet, Wanaparthy, Nirmal, Mahabubabad, Nagarkurnool, Jogulamba, and Malkajgiri.
Source: BusinessInsider - 🏆 729. / 51 Read more »