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Increasing Acceptance of Refined CBD Products Fueling Accelerated Growth for Cannabis Stocks - Financialnewsmedia.com News Commentary PALM BEACH, Fla., March 9, 2021 /PRNewswire/ Out of all cannabinoids, cannabidiol is most widely used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil (CBD) is used, such as anxiety and depression treatment, stress relief, diabetes prevention, pain relief, cancer symptom relief, and inflammation. Due to its healing properties, the demand for cannabidiol for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected to boost production for CBD-infused products. Due to the increasing adoption of CBD-based products to treat ailments, the global cannabidiol market is anticipated to grow at a lucrative rate over the forecast period. A recent re ....