Allegedly, cannabidiol, the chemical extracted into CBD oil, can treat anxiety, epilepsy, acne, pain, schizophrenia, and basically everything else that ails you. Cannabidiol—more commonly abbreviated as CBD—isn’t psychoactive and, apparently to the man’s disappointment, won’t get you high. Instead, many people report that consuming it makes them feel less anxious, helps them sleep, or eases joint pain.