Everything You Need to Know About CBD Oil

CBD oil is without a doubt, one of the fastest growing industries not just in the United States but globally. A majority of people are now adding it to their night-time tea, swallowing it in form of capsules and loading it into their vaporizers. CBD oil is an extract of cannabis plant. But you don’t need to worry since it won’t cause any mind-altering effects. So what’s the deal with CBD oil?

What is CBD?

Put simply; cannabidiol, abbreviated as CBD, is a phytocannabiniod extracted from two strains of the cannabis plant: marijuana and hemp. The key difference is that CBD oil obtained from hemp contains negligible amounts, if any, of THC (tetrahydrocannabinol) while that from marijuana has significant amounts of THC. THC is the psychoactive compound, which causes a “high” or a mind-altering effect. It’s also good to point out that hemp has a higher content of CBD than marijuana. Ideally, the CBD oil obtained from a hemp plant will have less than 0.3% of tetrahydrocannabinol. The oil comes from the large stalks and bark of the hemp plant.

You need not confuse CBD oil from a hemp plant with the seed oil obtained from the same. The latter is largely used for culinary purposes so don’t assume that you’re purchasing CBD when the product’s tag reads hemp seed oil. If you’re looking for CBD oil, you should find the full-spectrum CBD oil. With this type, you are guaranteed of getting a range of phytonutrients, flavonoids and antioxidants of the entire hemp plant. These nutrients work well to boost the health benefits of CBD oil.

The Health Benefits of CBD

So, why has CBD oil become so popular within a couple of years? Well, it’s because it confers an array of health benefits. It’s why a majority of states have legalized the use of medical marijuana. Devotees of CBD describe it as an all-purpose cure. Word has it that it can mitigate anxiety, alleviate pain and treat common cancer symptoms. Sounds too good to be true? Here are some scientific facts to back it up.

The Science

• CBD oil is an excellent treatment for arthritis since it helps to reduce the inflammation. In one study, patients diagnosed with rheumatoid arthritis used CBD oil to treat the chronic pain associated with this disease. Experts recommend applying CBD oil or its cream to the areas you’re feeling pain.
• Taking CBD aids in alleviating anxiety and insomnia. If you’ve been diagnosed with either anxiety or insomnia, CBD is the secret to a good night’s sleep. Based on a number of studies, the sleep-inducing effects of CBD have proven useful to persons suffering from post-traumatic stress disorder and generalized anxiety. If you plan to use CBD oil for your anxiety attacks, add a drop of the oil to your morning tea or afternoon smoothie.

The USRCCNE – An Introduction To Our Organization

The U.S.-Russia Chamber of Commerce of New England, Inc. (USRCCNE) is a non-profit
business organization for companies and professional individuals involved with economic
activity in Russia and the other republics of the former Soviet Union.
Promoting business and cultural ties between companies, institutions and individuals

 

The U.S.-Russia Chamber of Commerce of New England, Inc. (USRCCNE) is a specialized business organization for companies and professional individuals involved with economic activity in Russia and the other republics of the former Soviet Union.

  • Founded in 1995 to promote business and trade with Russia.
  • Assists numerous local businesses in obtaining the concrete, up-to-date information they need to participate in the Russian market.

  • Developing a network of relationships with Russian regional chambers of commerce.

  • Draws participants from over 700 New England companies to conferences on important topics, such as:

    “Russia 2000-Opportunities in High Technology”

    “Investment, Financing, and the Securities Market in Russia”

    “U.S.-Russian Initiatives in Health Care”

    “Environmental Business Opportunities in Russia”

    “The Future of the Russian Banking System”

  • Supports to cultural and business exchange programs in Eastern Massachusetts.
  • USRCCNE corporate members are among some of the most prestigious organizations in New England.

  • To learn about the benefits of membership, please visit our Membership page.

Dan Satinsky, Esq., President

Daniel Satinsky is a founding Partner of the Russia Innovation Collaborative. For more than 20 years, Daniel has been engaged in market entry for both Russian and U.S. companies, provided thought leadership on Russian-American economic issues, and built practical business networks through his consulting practice. Daniel Satinsky is a recognized authority on the Russian business environment, particularly the current focus on building a knowledge-based economy. Most recently, he was one of the principal authors of Yaroslavl Roadmap 10-15-20, a study of worldwide innovation best practices and their application to Russia that was done under the auspices of the New York Academy of Sciences. He is also a regular contributor to the Modern Russia website. Previously he served as executive editor of Russian Petroleum Investor and Caspian Investor and was the author of the Buyer’s Guide to the Russian IT Outsourcing Industry. Daniel Satinsky holds a Master of Law and Diplomacy degree from the Fletcher School of Law & Diplomacy, a Juris Doctor degree from Northeastern University Law School and a Bachelor of Arts degree from James Madison College of Michigan State University. For more than ten years he served as the President of the U.S.-Russia Chamber of Commerce of New England.

Richard Golob, Vice President

Richard Golob is President and Chief Executive Officer of GGA Software Services, a leading Russian provider of scientific software engineering, algorithm development, and data curation services, especially for the life sciences industry. With its headquarters office in Cambridge, Massachusetts, and its development center in St. Petersburg, Russia, GGA has focused on bringing together science, mathematics, and software engineering to solve client problems. Since 1994, GGA has developed a client list consisting of global pharmaceutical, scientific publishing, and laboratory instrumentation companies, among others. Richard has served as an adviser to the venture capital firm Charles River Ventures and as chairman of an advisory group at the Harvard School of Public Health. He is co-author of The Almanac of Renewable Energy and co-editor of The Almanac of Science and Technology. Richard is a board member and president of the United Nations Association of Greater Boston. Richard graduated from Harvard College with an A.B. degree in biochemical sciences.

Renee Stillings, Treasurer

Renee Stillings is Director of The School of Russian and Asian Studies (SRAS). Founded in 1995 to promote and organize educational programs in the Former Soviet Union, SRAS also provides a wealth of information for students, teachers and travelers on its website. She is also co-founder and a Partner in Alinga Consulting Group – a Moscow-based consultancy providing audit, accounting, and legal services. Previously she worked in the Russian financial markets, co-founding a small Moscow-based brokerage. She graduated from Boston University with a B.S. in Biomedical Engineering and studied Russian language at Moscow State University. She is fluent in Russian and has traveled extensively in the Former Soviet Union.

Nick Bobrov

Nick Bobrov is the Managing Director of The Delahunt Group and the President of Delahunt Group International, which provides clients with assessments of international markets, corporate market entry strategies, regulatory and political risk advice, as well as partner identification and government affairs advocacy. Prior to his current position, Bobrov served as the Congressman William Delahunt’s Finance Committee Chairman and has served as Special Advisor on Foreign Policy and Public Diplomacy to Senator Vyacheslav Fetisov in the Federal Council of the Russian Federation. In the private sector, Bobrov founded Omnipont International-a boutique international business consulting practice, specializing in Eastern European market entry strategies, foreign government affairs, real estate investments and raw materials export. The firm merged with the Delahunt Group in 2011. A native of St. Petersburg, Russia, Bobrov is a graduate of Middlebury College in Vermont and resides in Milton, Massachusetts with his wife Kara and their two children, Maya and Alexander.

Michael O’Flynn

Michael O’Flynn is a Managing Director and Global Head of Business Development for UFG Asset Management, one of Russia’s oldest and largest investment groups (founded 1994, AUM $1.5bn). He is responsible for fundraising and partnerships across all asset classes (private equity, real estate, agriculture, and debt & equity marketable alternatives). Mr. O’Flynn is based in Boston and travels to Russia often. He is an expert in Russian and Japanese financial markets. Mr. O’Flynn has worked for United Financial Group in several capacities throughout his career. He most recently rejoined UFG in April, 2009, after spending several years with Deutsche Bank following DB’s 2005 purchase of UFG’s investment banking operations. Mr. O’Flynn was a partner at UFG’s investment bank, where he successfully built the firm’s consistently top-rated sales and trading franchise, first in Moscow and later in New York. Prior to that, he worked for Deutsche Bank in Tokyo for four years after he was redeployed from Deutsche’s Moscow office following the 1998 Russian financial crisis. He is conversant in Russian, Japanese, and Spanish. A former All-Ivy League linebacker, Mr. O’Flynn serves on the Dartmouth Football Alumni Advisory Board.

Leo Galperin

Leo Galperin is the owner of Language Connections – a full-service interpreting and translation agency based in Boston. His company is among the leading language services providers for the government sector, as well as private enterprises, academic and non-profit organizations. Prior to founding Language Connections, Leo initiated and took part in various Russia-focused business ventures, including the establishment in 1989 of the first video store chain in Moscow. Since joining the US Department of State as an interpreter in 1993, Leo has interpreted at numerous essential meetings between officials from Russia and the other Former Soviet Republics and their American counterparts.

Stan Rosenberg

Stan Rosenberg is President Pro Tem of the Massachusetts State Senate and former chairman of the Senate Committee on Ways and Means. During his 15 years in the Massachusetts Senate he has also chaired the Committee on Banks and Banking, the Committee on Election Laws, and has also served in a variety of Senate leadership positions, including Assistant Majority Leader. Since 1996 he has made 16 trips to Russia while working on a range of projects, primarily in Pskov, but also in Novgorod and St. Petersburg. In Pskov, he has worked with the Polytechnic Institute and city and regional administrators on major projects in such areas as health care, tourism and cranberry production. His relationship with Pskov began through programs at the University of Massachusetts and has continued through his work as leader of Massachusetts Friends of Pskov.

Alexis Sukharev, Ph.D.

Alexis Sukharev is Founder and President of Auriga, Inc., an IT company that has established itself as a competent provider of software services to renowned clients around the globe. Founded in 1990, Auriga is the oldest American IT outsourcing services provider with development centers in Russia. Auriga is regularly present in the most prestigious industry rankings such as Global Outsourcing 100, Global Services 100, and The Black Book of Outsourcing by Datamonitor Global Top 50 Outsourcing Providers. Dr. Sukharev’s unique knowledge of the global IT outsourcing industry, decades of research and development experience in technology entrepreneurship, as well as an ambitious outlook on the future have driven the company’s dynamic growth over the past 20 years. A member of several high-tech and business associations, Alexis Sukharev has appeared as a featured speaker at major world and national technology events. As an industry visionary and practitioner, Dr. Sukharev has published numerous articles and been quoted in publications like The New York Times, BusinessWeek, The Boston Globe, Computerworld, PCWeek, InfoWorld, eWeek, Mass High Tech, Izvestia, Moscow Times, The Handelsblatt, Nikkei, The Economic Times. Prior to founding Auriga, Alexis Sukharev was Professor of Operations Research and Numerical Analysis at Moscow State University for 20 years. Dr. Sukharev has published 10 books and over 100 research papers.

Shann Kerner, Ph.D.

Dr. Shann Kerner is a partner in the Intellectual Property Department of the international law firm, K&L Gates LLP, resident in its Boston office. Dr. Kerner works with emerging, mid-sized, and public biotechnology, pharmaceutical, and medical device companies, and with universities, advising them on the development, protection, and leveraging of their IP portfolios. Amongst her clients are emerging companies in Russia. Dr. Kerner specializes in biotechnology and medical device patent portfolio counseling, procurement, IP audits, opinions, and analysis, IP diligence for corporate M&A, and IP litigation. She obtained her Ph.D. in Biomedical Sciences: Molecular Biology and Biochemistry from the University of Connecticut Medical School. She is a lecturer and author on various IP issues. Previous to her legal career, Dr. Kerner was a faculty member at Harvard Medical School and held a joint appointment in the Neuroscience Department at Children’s Hospital, Boston.