Panacea Life Sciences was formed to own, formulate and manufacture disruptive healthcare solutions with a specific focus on hemp, cannabidiol (“CBD”) and cannabinoids. Cannabidiol, or CBD, is the second most prominent compound in cannabis. The cannabis plant contains at least 113 different cannabinoids, each with potential unique pharmacological properties, with new cannabinoids still being discovered. The most well-known cannabinoid is Tetrahydrocannabinol (THC); a compound in the cannabis plant that is used to get “high”. Unlike THC, CBD is a non-psychoactive cannabinoid that does not play a role in getting someone “high”. Rather, CBD has been found to alleviate a wide range of chronic pain and diseases. The U.S. Government filed and secured Patent 6,630,507 declaring that cannabis provides significant medicinal value: Cannabinoids are useful in the treatment and prophylaxis of wide variety of oxidation associated diseases, such as ischemic, age-related, inflammatory and autoimmune disorders. Panacea currently offers three types of products: sublingual, soft gels and a salve product.
The below questions are organized in the following categories: about the company, CBD definitions, what is special about our products and sales related questions.