Can CBD oil help with anxiety when smoking weed?

So I used to be your stereotypical happy stoner and I was very happy with that life, sure I fell into it quite badly for a while but weed really helped me get on the path I believe I'm supposed to be on, and helped me come to a lot of healthy conclusions about past issues and such. Unfortunately, it's become a love/hate relationship. It's now a real coin flip whether I will have a loving spiritual good time, or an anxiety fueled panic filled nightmare. One day, I became very conscious of my breathing and heart rate when I was high, and that was it. I had a really nasty panic attack as I believed I was having a heart attack, and since then I find myself always on edge and causing even more panic attacks when I smoke. It sucks, I just want to go back to the old chill times of being really stoned, eating lots of food and laughing at the TV with my mates, rather than freaking out and running to the bathroom every ten minutes to try to calm down.

I've read a bit about how consuming some CBD Oil before smoking can really help with this, and I wanted to get some opinions from you guys whether this is the case or not. Can CBD Oil help me still get happily stoned so it's fun, but take the edge off of that anxiety? Or will I just get barely stoned? Or will it have no effect at all? I suppose it's up to me to find out, but I'm interested to hear what others have to say. Thanks :)