We have all heard of hemp, marijuana and cannabis, and that there is increasing evidence to suggest that it has medicinal qualities which can help people with an ever growing list of health problems – from chronic pain relief right through to curing cancer.
The part of the plant which all the fuss is about is the cannabidiol (CBD). Whilst there is more and more evidence suggesting that CBD has a whole range of health benefits, there are still big gaps in the research, which is why the area can still be rather confusing.
There are 85 substances known as cannabinoids found in the cannabis plant, and CBD is the second most abundant – usually at about 40% of its extracts. The most abundant is known as THC, which is the substance which gets people ‘high’ when they smoke or eat marijuana. It is important to remember that consuming CBD in any way, if it is properly separated from THC, will never get you ‘high’.
CBD and CBD oil is legal around the world, but is often confused with THC which is mostly illegal.
Health Benefits of CBD and CBD Oil
Research shows that CBD can be used to help people with relaxation and calming with many people also reporting this effect. It also, in its natural form has strong anti-oxidant properties.
CBD also has an effect on the other cannabinoids which are present if you smoke medical marijuana, for example, which is why the effects of CBD and CBD oil are still a little confusing – in other words, its effects can change according to what other cannabinoids you are taking.
CBD vs CBD Oil
Although they might sound like the same thing, CBD and CBD oil are not the same substance. CBD is the actual substance, the same, regardless of the plant that it is coming from – a chemical compound which does not change in its make-up. CBD oil, however, is a mixture of a number of natural substances which have come from the cannabis plant.
In the production of CBD oil, fatty acids are extracted from the stalks of the cannabis plant. Within these fatty acids, there are fat soluble substances which include cannabinoids, and so these are then extracted from the plant, to make CBD oil. This means that CBD oils can have varying amounts of CBD (and THC) so if you are looking to sell CBD oil, you should be careful about keeping THC levels within the law. Regardless of area your business operates in, THC, CBD or CBD Oil, manufacturing or retail – we offer CBD merchant account services for all CBD or Hemp related businesses.
Selling CBD and CBD Oil
As stated above, it is important that if you are looking to sell CBD and CBD oil, you are firstly aware of the laws in your area, as well as familiar with the chemical make-up of the CBD oil which you are selling. If you sell CBD oil with a high THC content, you can find yourself in trouble.
Due to the fact that the world of CBD and CBD oil is still new and confusing, financial institutions are still categorising businesses which sell these substances as ‘high risk’. And this means that they are often limited in what service they can use. One problem is that they prohibit businesses from opening CBD merchant accounts – meaning that businesses can’t easily process card payments – a huge problem in today’s society.
Fortunately, CBD Merchant Account are here to help. We can act as a go-between and process your card payments for you, meaning that your business can grow legally and healthily – much like your hemp!
For more information about CBD Merchant Account and how we can help you and your business, call us today at 1(866) 464-6590.