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Unlike medications such as SSRIs, CBD provides fast-acting (nearly instantaneous) anxiety relief and doesn’t require daily administration for weeks/months to attenuate symptoms. [...] Research has highlighted CBD’s ability to reduce anxiety without impairing cognitive function.
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This link has a fairly technical summary of current research, for those interested. It's not limited to anxiety but that is what the article focuses on. (It's also proven effective against some types of epilepsy, is being investigated as an antipsychotic, etc.)
CBD Oil For Anxiety: Is Cannabidiol An Effective Treatment?
Edit: this is from Mental Health Daily and links to the actual research, it's not a crackpot site, no pun intended.