Concern about the dangers of marijuana abuse led to the banning of cannabinoids for use in the U.S. and many other countries in the 1930s and 1940s.
It took decades until they came to be considered again as compounds of value, and even now their uses are highly restricted. What Is Cannabis? Cannabis is a naturally growing herb that has been used for thousands of years to treat health conditions
CBD, or cannabidiol, has received a lot of hype last year, and now there is a sign it may be paying off for companies.
Twenty percent of those aged 18-29 said they use CBD products, followed by 16 percent for ages 30-49, 11 percent for 50-64 years old and eight percent for those aged 65 years or older.
An average of 50 percent of Americans 18 years old or older said they don’t use CBD products, while 35 percent said they are not familiar with them.
Those aged 65 and older were the least familiar with CBD — 49 percent said they don’t know CBD products, compared to between 26-36 percent for the other age brackets.
CBD products also seem to be more popular in the western U.S., with 21 percent of western respondents saying they used the products, compared to 11-13 percent for the rest of America.
Women are more likely to use CBD for anxiety than men (25 percent versus 14 percent), and men are more likely to use it for sleep (15 percent versus eight percent).
While CBD is marketed for many other purposes — such as for stress, muscle soreness, inflammation, for pets, and as skincare — five percent or less of respondents said they use it for those reasons.
The Federal Drug Administration (FDA) in the U.S. is still researching CBD’s uses and effectiveness.
Gallup concludes that while right now CBD is used most by younger people, older Americans stand to gain the most from the products as it can help them with the aches and pains that come with age.
Familiarity is fairly similar across societal groups, including by gender, party ID and most age categories. However, half of seniors vs. roughly two thirds of those under 65 know something about it.U.S. Adults’ Familiarity With CBD Oils.
Those who are familiar with CBD oils credit the substance with having health benefits,
Confidence in CBD is also much greater the more people know about it.
Notably, young adults who are familiar with CBD are much more likely than seniors
The CBD-oil arena is extremely active right now, including medical research into its benefits, state legislation governing its sale, federal legislation encouraging its production and corporate investment growing in the business. According to Forbes, retail sales for CBD products were between $600 million and $2 billion last year but are expected to grow to $16 billion by 2025.
FloridaNewsWire Release
September 10, 2019
Steven Smith, Founder/Owner of Inspirational Technologies, announced, today, the Name of the company’s new endeavor, “Background Noise” Studios. Steven, in a statement said, “My personal goals of our Company are moving in a direction that compliments our mission statement in Building a Studio to Develop, Research, and Promote Audio/Visual and Broadcasting Media Endeavors. This new branch of our Company is an extremely exciting one.” He continued, “We believe the benefits of building a Studio for our continued efforts in developing opportunities for our Company’s move into the Educational and even the Entertainment Industry is paramount to our success strategy.” When asked about the studio’s location, Steven’s response was, “No comment, at this time.” It is believed that it’s location is in Northern Florida.
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