{"id":2646,"date":"2017-08-23T10:05:57","date_gmt":"2017-08-23T10:05:57","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=25931"},"modified":"2017-08-23T10:05:57","modified_gmt":"2017-08-23T10:05:57","slug":"medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/","title":{"rendered":"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry"},"content":{"rendered":"

Medical Marijuana, Inc. and its subsidiaries <\/span>Kannaway\u2122<\/span><\/a> and <\/span>HempMeds\u00ae<\/span><\/a> were highlighted in a recent Forbes article revealing the outstanding growth of the CBD hemp oil industry, which is predicted to reach $1 billion within 3-5 years. <\/span><\/p>\n

According to the article, \u201chemp CBD sales have already hit $170 million in 2016 and a 55% compound annual growth rate over the next five years will cause the market to crack the billion-dollar mark.\u201d<\/p>\n

Because CBD hemp oil is legal to manufacture, sell, and distribute to all 50 U.S. states and over 40 countries, it is able to retail cannabinoids to a larger overall market than medical or recreational marijuana sales, which are restricted to specific states.<\/p>\n

Dr. Stuart Titus, President and CEO of Medical Marijuana, Inc., was interviewed as part of the Forbes article to further clarify CBD hemp oil\u2019s legal status. According to a ruling in 2004 in the Ninth Circuit Court of Appeals, the DEA doesn\u2019t have the authority under the Controlled Substances Act to ban hemp sales.<\/p>\n

Dr. Titus was quoted in the article stating, “By that federal court ruling, similar to non-scheduled hemp food products, this allows Medical Marijuana, Inc. to sell online and distribute to customers in all 50 U.S. states.”<\/p>\n

Medical Marijuana, Inc. portfolio companies Kannaway\u2122 and HempMeds\u00ae were mentioned as industry leaders in the article, along with the company\u2019s flagship brand, <\/span>Real Scientific Hemp Oil\u2122<\/span><\/a> (RSHO\u2122). Medical Marijuana, Inc. was the first company to enter the CBD hemp oil industry, innovating many of the processes that have become industry standards along the way.<\/span><\/p>\n

You can read the full Forbes article <\/span>HERE<\/span><\/a>.<\/span><\/p>\n

Stay up-to-date with news from Medical Marijuana, Inc., its <\/span>portfolio of companies<\/span><\/a>, and other industry news on <\/span>our news feed<\/span><\/a>.<\/span> \t<\/p>\n","protected":false},"excerpt":{"rendered":"

Medical Marijuana, Inc. and its subsidiaries Kannaway\u2122 and HempMeds\u00ae were highlighted in a recent Forbes article revealing the outstanding growth of the CBD hemp oil industry, which is predicted to reach $1 billion within 3-5 years. According to the article, \u201chemp CBD sales have already hit $170 million in 2016 and a 55% compound annual […]<\/p>\n","protected":false},"author":1,"featured_media":2647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,22,23,162],"tags":[167,168,180],"class_list":["post-2646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-hempmeds","category-kannaway","category-media-coverage","tag-hempmeds","tag-kannaway","tag-real-scientific-hemp-oil"],"yoast_head":"\nMedical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry - Medical Marijuana, Inc.<\/title>\n<meta name=\"description\" content=\"Medical Marijuana, Inc.was highlighted in Forbes article revealing the growth of the CBD hemp oil industry, predicted to reach $1 billion within 3-5 years.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry - Medical Marijuana, Inc.\" \/>\n<meta property=\"og:description\" content=\"Medical Marijuana, Inc.was highlighted in Forbes article revealing the growth of the CBD hemp oil industry, predicted to reach $1 billion within 3-5 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Medical Marijuana, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MJNAInc\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-23T10:05:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2016\/12\/mjna-blog-man-working-laptop-12-29-16-ver1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"adminTorusBrand\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mjna_inc\" \/>\n<meta name=\"twitter:site\" content=\"@mjna_inc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"adminTorusBrand\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/\"},\"author\":{\"name\":\"adminTorusBrand\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c\"},\"headline\":\"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry\",\"datePublished\":\"2017-08-23T10:05:57+00:00\",\"dateModified\":\"2017-08-23T10:05:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/\"},\"wordCount\":296,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#organization\"},\"keywords\":[\"Hempmeds\",\"Kannaway\",\"Real Scientific Hemp Oil\"],\"articleSection\":[\"Company News\",\"HempMeds\",\"Kannaway\",\"Media Coverage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/\",\"url\":\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/\",\"name\":\"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry - Medical Marijuana, Inc.\",\"isPartOf\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#website\"},\"datePublished\":\"2017-08-23T10:05:57+00:00\",\"dateModified\":\"2017-08-23T10:05:57+00:00\",\"description\":\"Medical Marijuana, Inc.was highlighted in Forbes article revealing the growth of the CBD hemp oil industry, predicted to reach $1 billion within 3-5 years.\",\"breadcrumb\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/medicalmarijuanainc.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#website\",\"url\":\"https:\/\/medicalmarijuanainc.com\/\",\"name\":\"Medical Marijuana, Inc.\",\"description\":\"We are a company of firsts\u00ae\ufe0f. Medical Marijuana, Inc. (MJNA) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space. Through its subsidiaries, Medical Marijuana, Inc. manufacturers and sells some of the best cannabidiol (CBD), and other cannabinoid-based products, available!\",\"publisher\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/medicalmarijuanainc.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#organization\",\"name\":\"Medical Marijuana, Inc.\",\"url\":\"https:\/\/medicalmarijuanainc.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png\",\"contentUrl\":\"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png\",\"width\":512,\"height\":512,\"caption\":\"Medical Marijuana, Inc.\"},\"image\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/MJNAInc\",\"https:\/\/twitter.com\/mjna_inc\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c\",\"name\":\"adminTorusBrand\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g\",\"caption\":\"adminTorusBrand\"},\"sameAs\":[\"https:\/\/medicalmarijuanainc.com\"],\"url\":\"https:\/\/medicalmarijuanainc.com\/author\/admintorusbrand\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry - Medical Marijuana, Inc.","description":"Medical Marijuana, Inc.was highlighted in Forbes article revealing the growth of the CBD hemp oil industry, predicted to reach $1 billion within 3-5 years.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry - Medical Marijuana, Inc.","og_description":"Medical Marijuana, Inc.was highlighted in Forbes article revealing the growth of the CBD hemp oil industry, predicted to reach $1 billion within 3-5 years.","og_url":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/","og_site_name":"Medical Marijuana, Inc.","article_publisher":"https:\/\/www.facebook.com\/MJNAInc","article_published_time":"2017-08-23T10:05:57+00:00","og_image":[{"width":1200,"height":500,"url":"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2016\/12\/mjna-blog-man-working-laptop-12-29-16-ver1.png","type":"image\/png"}],"author":"adminTorusBrand","twitter_card":"summary_large_image","twitter_creator":"@mjna_inc","twitter_site":"@mjna_inc","twitter_misc":{"Written by":"adminTorusBrand","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#article","isPartOf":{"@id":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/"},"author":{"name":"adminTorusBrand","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c"},"headline":"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry","datePublished":"2017-08-23T10:05:57+00:00","dateModified":"2017-08-23T10:05:57+00:00","mainEntityOfPage":{"@id":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/"},"wordCount":296,"commentCount":0,"publisher":{"@id":"https:\/\/medicalmarijuanainc.com\/#organization"},"keywords":["Hempmeds","Kannaway","Real Scientific Hemp Oil"],"articleSection":["Company News","HempMeds","Kannaway","Media Coverage"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/","url":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/","name":"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry - Medical Marijuana, Inc.","isPartOf":{"@id":"https:\/\/medicalmarijuanainc.com\/#website"},"datePublished":"2017-08-23T10:05:57+00:00","dateModified":"2017-08-23T10:05:57+00:00","description":"Medical Marijuana, Inc.was highlighted in Forbes article revealing the growth of the CBD hemp oil industry, predicted to reach $1 billion within 3-5 years.","breadcrumb":{"@id":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/medicalmarijuanainc.com\/2017\/08\/23\/medical-marijuana-inc-featured-forbes-article-booming-cbd-hemp-oil-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/medicalmarijuanainc.com\/"},{"@type":"ListItem","position":2,"name":"Medical Marijuana, Inc. Featured in Forbes Article About Booming CBD Hemp Oil Industry"}]},{"@type":"WebSite","@id":"https:\/\/medicalmarijuanainc.com\/#website","url":"https:\/\/medicalmarijuanainc.com\/","name":"Medical Marijuana, Inc.","description":"We are a company of firsts\u00ae\ufe0f. Medical Marijuana, Inc. (MJNA) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space. Through its subsidiaries, Medical Marijuana, Inc. manufacturers and sells some of the best cannabidiol (CBD), and other cannabinoid-based products, available!","publisher":{"@id":"https:\/\/medicalmarijuanainc.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/medicalmarijuanainc.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/medicalmarijuanainc.com\/#organization","name":"Medical Marijuana, Inc.","url":"https:\/\/medicalmarijuanainc.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/","url":"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png","contentUrl":"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png","width":512,"height":512,"caption":"Medical Marijuana, Inc."},"image":{"@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MJNAInc","https:\/\/twitter.com\/mjna_inc"]},{"@type":"Person","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c","name":"adminTorusBrand","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g","caption":"adminTorusBrand"},"sameAs":["https:\/\/medicalmarijuanainc.com"],"url":"https:\/\/medicalmarijuanainc.com\/author\/admintorusbrand\/"}]}},"_links":{"self":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/posts\/2646"}],"collection":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/comments?post=2646"}],"version-history":[{"count":0,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/posts\/2646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/media\/2647"}],"wp:attachment":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/media?parent=2646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/categories?post=2646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/tags?post=2646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}