This past week, medical CBD in Latin America, CBD bath and beauty products, and the best 4/20 gifts among the top headlines from our family of family of companies.
The top news from Medical Marijuana, Inc.’s portfolio of companies and brands this past week include the potential growth of the CBD market in Brazil, the need for further clarification of cannabis regulations in Mexico, and knowing how to choose the best quality CBD products in an increasingly competitive market. Keep reading for the latest news from across our portfolio.
Medical Marijuana, Inc. CEO Interviewed in Bloomberg
This past week, our CEO Dr. Stuart Titus sat down with Bloomberg to discuss the CBD market in Brazil. Medical Marijuana, Inc., through subsidiary HempMeds® Brasil was the first to legally distribute CBD oil products to patients with a prescription.
A CBD market that is expected to double this year, Brazil presents a strong, growing market. “Brazil is a great opportunity for us,” Dr. Titus said in an interview in Sao Paulo. “We’ll definitely be continuing to invest.”
The medical use of CBD in Brazil began in 2014 when our Real Scientific Hemp Oil™ was approved for import. Since then HempMeds® Brasil has worked with patients and their families, doctors, and government officials to help increase access to CBD products. Brazil now fully subsidizes CBD products for patients with specific medical conditions as part of their healthcare system.
“Recreational use of marijuana remains a crime in Brazil, and President Jair Bolsonaro, an evangelical former army captain, opposes easing adult-use weed regulations. Still, he’s said he isn’t opposed to a bill in Congress that would legalize the production and use of medical cannabis,” the article reads.
You can learn more about HempMeds® Brasil here.
HempMeds® Mexico Calls for Clarification of Cannabis Regulations
Raul Elizalde, HempMeds® president Latin America spoke out about the need for the country’s Ministry of Health to publish clear regulations surrounding medicinal cannabis. The new government in Mexico scrapped the previous administration’s steps toward medical cannabis when it revoked licenses presented to cannabis companies to sell their products in the country.
In an article published by El Diario, Elizalde “explained that now that the new government decided to restart the path to regulate the medicinal use of cannabis, it is essential to establish a regulation that allows differentiate the different industrial uses of the plant and its derivatives.”
Elizalde also made it clear that the change in stance by the Mexican government does not affect HempMeds® Mexico.
“As announced, the revocation will be for those products that contain psychoactive ingredients such as THC, which comes from marijuana, but none of our products comes from marijuana, but from hemp, which are two different things. of production allow us to ensure that our products do not have traces of prohibited ingredients,” he said in the article.
You can learn more about HempMeds® Mexico here.
Medical Marijuana, Inc. Included in Gift and Product Guides
Products from across the Medical Marijuana, Inc. portfolio of brands are regularly featured in cannabis and CBD gift and product guides due to their high quality and innovative approach to daily-use CBD.
Civilized published its 4/20 gift guide, titled “10 Cannabis-themed Gifts to Give This 4/20”, listing the Dixie Botanicals® CBD Vape Cartridge among other top cannabis products available now. Created using pure CBD distillate and flavored with natural terpenes, our CBD Vape Cartridge is a smooth, flavorful way to quickly and efficiently add CBD to your system.
You can find the Dixie Botanicals® CBD Vape Cartridge bundled with the KandyPens Slim battery now in the Medical Marijuana, Inc. store.
In a post exploring the website’s favorite CBD beauty products, Beauty Launchpad featured HempMeds® CBD-infused Purifying Shampoo and Nourishing Conditioner. Formulated using ingredients like argan oil and goji berry extracts and free of sulfates, parabens, and artificial dyes, for a natural, refreshing shower experience.
The complete line of HempMeds® bath products, including shampoo, conditioner, body wash, and lotion, will be available in the Medical Marijuana, Inc. store starting May 8th.
Bustle also included Medical Marijuana, Inc. bath and body products in their recent article looking at CBD as a trending ingredient in a wide range of beauty products. The article reveals what to look for in CBD products and how to know you are getting products you can trust.
The article includes a quote from the creator of Cannabis Beauty Defined, Dr. Janelle Kim, on the process used to extract hemp’s nourishing, CBD-packed oil. “It is extracted using supercritical [carbon dioxide] and, in addition to levels of cannabinoids, CBD hemp oil also contains the same valuable vitamins, minerals, and nutrients as the original hemp plant,” she says in the article.