There has been a lot of buzz on CBD oil recently. Can it actually help to relieve anxiety? Learn more about its uses and effectiveness. Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. You may have noticed the recent Cannabidiol, the non-psychoactive component of Cannabidiol (CBD) oil is a product that's derived from cannabis. It's a type of cannabinoid, which are the chemicals naturally found in marijuana plants.