Nov. 21 (UPI) — California-based cannabis oil maker HempMeds has opened an office in Brazil to expand the South American medical marijuana market — which experts say could be worth $1.4 billion annually.
The new office in Sao Paulo will support physician training because Brazil controls cannabis oil (CBD) as a medicine and doctors must prescribe it — unlike the United States where it’s considered a supplement, HempMeds Vice President Caroline Heinz told UPI Wednesday.
HempMeds will host the first doctor training next month in Brazil, where cannabis oil is increasingly used to treat epilepsy and there are waiting lists for education, she said.
The company already has about 3,000 clients in Brazil — or about half the total number of patients using government-approved CBD oil for medical purposes. The total number of users, including the ones that tap the illegal market, is believed to be much larger, Heinz added.
HempMeds is the