CBD oil does not contain THC; therefore, it is not psychotropic. If you're looking for any of those benefits (e.g. improved sleep quality), it unfortunately won't cut it. It MAY help if you have pain or seizures, but as margo said, there are different strains and the quality and purity of the strain is important. It's my understanding that Indicas are generally sedating while Sativas are generally stimulating. Some people do report significant pain relief from CBD oil though, so if you can afford to trial it, it's worth a go.