Product #1: Medicated salve and non-medicated placebo salve.
Texture is that of a tinned lip balm- it's quite stiff.

Ingredients, by weight:
28g beeswax
56g olive oil (use plain oil for placebo and canna-oil at 1g bud/14g oil)
5g lanolin

Weigh out all of the above and place in a suitable melting vessel. Mine is a ~12floz. capacity Turkish coffee pot with a very long handle. It came from a flea market but I've seen them at imported handcrafts shops for a reasonable price.
Place in a saucepot with 2-3" of water in it, on very low heat. The ingredients will melt at ~170'F so you don't need to boil the water. Agitate constantly.

When the beeswax has melted fully, take the mixture off the ehat and pour it out into a tempered-glass or ceramic dish. Put this in the refrigerator for about a half hour to set and then test the 'feel' of the surface. If it is too stiff for your liking, you'll add about 5-10g additional oil at the next step.
Scrape back out into melting vesselt and re-melt. If you liked the feel of the balm, add no more oil.
Once you have added any additional oil that you felt it needed, turn off the heat but keep the melting pot in the water bath.

Add:
10 drops geranium oil
5 drops myrrh oil
~1000 IU equivalent Vitamin E oil from piercing the gelcaps it is commonly sold in

Swirl very well to mix and then pour into tins.

Pics!!!

1- Separating out all the water from the olive oil extraction using the proper glassware lol (sold as 'waterfall' at head shops).
2- Weighing out the wax and oil
3- Weighing out the lanolin- do this onto waxed paper- it's gooey
4- Melt over low heat
5- Pour into tempered-glass dish to test consistency