HempMeds

HempMeds
Subsidiary
Founded 2012
Headquarters San Diego County, California, United States
Products Hemp oil
Cannabidiol (CBD rich hemp oil) products
Parent Medical Marijuana, Inc.
Website HempMedsPX.com

HempMeds is an American company that sells hemp-based consumer products. It is a subsidiary of Medical Marijuana, Inc. and is partly owned by CannaBank. The company operates within the general hemp industry and is one of the biggest marketers and distributors of cannabidiol (CBD) hemp oil (also known as CBD oil or CBD hemp oil).[1] Their products range from nutraceuticals, cosmetics, foods, pet nutrition and other products.

Many of HempMeds' products contain naturally-occurring CBD, which is sometimes erroneously confused with tetrahydrocannabinol (THC), the active ingredient in marijuana. Hemp is classed as a Schedule I controlled substance according to the US Controlled Substances Act, however hemp products are legal to sell throughout the United States and most of the world. Hemp is made up of multiple cannabinoids, including CBD, and contains only trace levels of THC (in quantities far too low to produce the "high" associated with recreational marijuana).

History

HempMeds was founded in 2012 as HempMedsRX, as a subsidiary of Medical Marijuana, Inc.

During 2014, HempMeds featured on regional television shows as they visited medical marijuana and hemp conferences in different areas of the United States.[2] During the same period of time, HempMeds was featured in the San Diego Union-Tribune. During the interview, it was stated that the company would be expanding to Poway, California and employing an additional 50 people.[3]

Child Protective Services came under criticism in 2014 for their approach in investigating parents who were giving their ill children CBD supplements. Many of the supplements featured were HempMeds products, which led to company personnel being interviewed by the media.[4]

In August 2014, a retailer in Anchorage, Alaska became the first to stock hemp oil in that state. Shortly after the oils were put on display, state officials asked the retailer to remove the products, stating they were illegal. Following interaction with HempMeds, the company pointed to a court ruling that stated the Drug Enforcement Administration (DEA) couldn't regulate non-psychoactive hemp products. The move opened the door for Alaska to start accepting the sale of certain hemp-based products.[5]

CBD oil received coverage by Fox News in November 2014 at the National Marijuana Business Conference, where Doctor Rob Streisfield of HempMeds was interviewed.[6]

In December 2014, Telemundo NY carried out research following the case of Beyla Pagano.[7] Pagano was born 24 weeks premature and suffered a brain hemorrhage. The condition left the toddler in the position where she could suffer severe cerebral palsy. Following the use of HempMed's product Real Scientific Hemp Oil, Beyla's condition improved dramatically.[8] Part of this research included an interview with a HempMeds representative, after it was concluded by News 12 Long Island that hemp-based products had helped Pagano's condition. Much of the discussion and interview was around the potential medical effects of hemp oil, particularly its ability to suppress seizures.[8]

In 2014, HempMeds was involved in a lawsuit filed by their parent company, Medical Marijuana, Inc. regarding a report by Stewart Environmental that suggested Real Scientific Hemp Oil contained heavy metals. Stewart Environmental corrected their statement shortly after, stating that a preliminary test result on Real Scientific Hemp Oil had been released by mistake.[9] Following the release of the information, Medical Marijuana, Inc. sued Stewart Environmental for damages of $100 million, and won the case in April 2015.[10]

Products

The company demonstrated their product range during an interview with the San Diego Union-Tribune, focusing on CBD. The products included on the video were shampoo, conditioner, body wash, soaps and body lotion.[3] Their products include, apart from Real Scientific Hemp Oil,[11] Dixie Botanicals, aNew, Cibaderm and Cibdex. The product range includes pills, lotions and concentrate solutions of hemp-based products. Real Scientific Hemp Oil is one of the better known products, which is a thick tar-like substance that comes in an oral applicator.[12] Other products included oils and health related products that were for direct application.

An announcement was made in 2014 that HempMeds would be releasing pet-related hemp products. The pet products would contain CBD rich hemp oil, but no THC, for the safety of the animals. The pet products would focus on pet food and treatments, aimed to help reduce seizures in animals, as well as stress and anxiety.[13] As of February 2015, the products have not been released as HempMeds is in the process of ensuring the products are correctly regulated.[13] HempMeds hopes the products would be in production during 2015. In another interview, a HempMeds representative stated that the company had been approached directly by veterinary professionals who were requesting access to their CBD rich hemp oils.[14]

External links

References

  1. ↑ "Andrew Hard explains Hemp History". Cannabis Frontier.
  2. ↑ "Lisa tries samples at Natural Products Expo". WBAL. September 18, 2014.
  3. 1 2 "HempMeds Business is Booming". U-T San Diego.
  4. ↑ "CPS Investigates Renee Petro Over Hemp Oil". The Robert Scott Bell Show. March 30, 2014.
  5. ↑ Jang, Grace (August 27, 2014). "Anchorage Garden Supply Store Sells Cannabis Products". KTUU-TV.
  6. ↑ Sander, Jane. "The Business of Marijuana". Fox News.
  7. ↑ "Niña de 4 años recibe tratamiento de marihuana medicinal". Telemundo NY. December 29, 2014.
  8. 1 2 "Pagano family, of Patchogue, says hemp oil helps ease their daughter’s seizures". News 12 Long Island. September 14, 2014.
  9. ↑ "Medical Marijuana Inc. Wins Settlement in Major Lawsuit". Cannabis Now. April 27, 2015.
  10. ↑ Sharp, Richard (April 27, 2015). "Colorado Lab Settles in $100 Million Lawsuit with Medical Marijuana Inc.". Hemp News.
  11. ↑ Adams, Mike. "The Difference Between Hemp Oil and High-CBD Strains". High Times.
  12. ↑ "Legal, hemp-based alternative to medical marijuana available in all states". KSAT-TV. April 28, 2015.
  13. 1 2 Rogers, Kate (October 13, 2014). "Would you give pot to your pet?". CNBC.
  14. ↑ Rogers, Kate (October 2014). "Pot for your pooch?". CNBC.
This article is issued from Wikipedia - version of the Friday, December 04, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.