Currently, the only CBD product approved by the Food and Drug Administration is a prescription oil called Epidiolex. It's approved to treat two types of epilepsy. Aside from Epidiolex, state laws on the use of CBD vary. While CBD is being studied as a treatment for a wide range of conditions, including Parkinson's disease, schizophrenia, diabetes, multiple sclerosis and anxiety, research supporting the drug's benefits is still limited.
First, a little background. Industrial hemp was legal in the United States until Congress passed the Marihuana Tax Act in 1937. ("Some of our early presidents grew hemp," notes Sarah Lee Gossett Parrish, a cannabis industry attorney based in Oklahoma.) Nearly 80 years later, the 2014 Farm Bill took the position that states can regulate the production of hemp and, as a result, CBD. Then last year, President Trump signed a new Farm Bill that made it federally legal to grow hemp.
Cost is another consideration. Most CBD oils are sold in concentrations of 300 to 750 mg, although this may range from less than 100 mg to more than 2,000. A good indicator of price-point is the cost per milligram. Low-cost CBD oils usually fall between five and 10 cents per mg; mid-range prices are 11 to 15 cents per mg; and higher-end oils cost 16 cents per mg or higher. Given these varying per-milligram costs, a bottle of CBD oil may be priced anywhere from $10 or less to $150 or more.
Fab has rapidly become the leading “lifestyle” brand in the industry. They are very engaged with their customers in their online community, and they have the top customer loyalty program that we’ve seen. Their full spectrum CBD oil drops and topical cream are made from 100% organically grown Colorado hemp, producing a very high-quality product. And their zero THC gummies get high marks from customers for taste and effectiveness.
There are many scammers and multi-level marketing salespeople that use Facebook and other social media outlets to push a particular product. Many of them will tell you whatever you want to hear to get you to buy from them. Be wary of their claims and testimonials. It’s particularly important to buy CBD oil from a brand that makes third party lab reports readily available. This third party certification is the only way for you to truly know what is in the product.
SabaiDee entered the CBD industry looking to make a difference. The company’s founders wanted to help people live happier and more productive lives by sharing the benefits of CBD. But they were shocked by many of the bad practices rampant in the CBD industry—misleading labels, questionable manufacturing processes meant to maximize profits, and a lack of transparency about sourcing and quality testing.
And now, onto the thorny issue of legality. The simple answer to the question is yes — if it is extracted from hemp. The 2014 Farm Bill established guidelines for growing hemp in the U.S. legally. This so-called “industrial hemp” refers to both hemp and hemp products which come from cannabis plants with less than 0.3 percent THC and are grown by a state-licensed farmer.