In 1937, federal prohibition of cannabis as we know it today began with the Marihuana Tax Act. Some believe that the anti-cannabis campaign was a joint effort by Andrew Mellon, William Randolph Hearst and Pierre Du Pont to protect their business interests in petrochemicals, paper, cotton and nylon, all of which faced serious competition from hemp alternatives. Others believe that the crusade against cannabis was fueled by racism and the desire to demonize Mexican immigrants. In either case, the plant should never have been outlawed.
Flush with cash and looking for a toehold in the United States, Canadian marijuana companies are making big investments in hemp. Consider: Canopy Growth (NYSE: CGC), an Ontario marijuana producer that snagged an investment for 5 billion Canadian dollars ($3.8 billion) from a New York alcohol company, recently announced it is entering the U.S. hemp market. […]
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Legalization removes these barriers and is expected to provide a boost to the U.S. hemp industry, which was previously on track to grow to a $2 billion market by 2022 prior to the Farm Bill's passage. According to the Brightfield Group, though, legalization would result in a $22 billion hemp-derived CBD market by 2022, which excludes the many other types of hemp-derived products on the market. To put that in perspective, the entire domestic cannabis industry (which includes not just hemp, but also cannabis and all its derivative products) was projected to stimulate $23.4 billion in consumer spending by 2022. That means if the Brightfield Group's estimates are accurate, hemp-derived CBD alone could double the projected market value of the entire cannabis industry.
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The show was very slow, and as we were starting to pack up we had a freak snow/sleet storm. Nothing stuck to the ground but it was still damp and cold. Mark packed up most of my stuff and loaded it in the car for me. We went out to dinner after the show, that I came home and just sat on the couch, looking forward to that time when I could take a sleeping pill, and just get some deep rest. I usually don’t like to take sleeping pills or muscle relaxers because I do not want to become dependant on them.
Cannabidiol (CBD) is one of the numerous compounds found in the cannabis plant. CBD oil can be obtained from two different species of cannabinoids: marijuana and hemp, which come from the same plant species called Cannabis sativa. Hemp-based CBD oil products have a lower delta-9 tetrahydrocannabinol (THC) concentration, while marijuana-derived CBD oil products have a relatively high concentration of THC. Therefor, marijuana-based CBD products can be used only when they are prescribed by doctors while hemp-based CBD oils do not normally require a prescription.
On the other hand, take extra care with products that list only the amount of total “cannabinoids” they contain, not specifically how much CBD is in them. Those cannabinoids could include not just CBD and THC but dozens of other related compounds. Companies may take that labeling approach because they hope it will attract less scrutiny from the Food and Drug Administration, Lee says.
Although it’s constantly mistaken for cannabis, and it comes from the same plant, hemp is not the same product. While marijuana is bred to include potent amounts of THC, hemp has only trace amounts—it contains less than 0.3 percent of the hallucinogen. “You could smoke a football field of hemp and you wouldn’t get high, you’d get a headache,” is how Dolgin describes it. Still, when it planted its first seeds, JD Farms had to install an armed guard. (Until they’re planted in the ground, hemp seeds are considered a Schedule I narcotic, according to Dolgin.)
CBD is the major nonpsychoactive component of Cannabis sativa. According to a 2013 study published in the British Journal of Clinical Pharmacology, CBD benefits including acting in some experimental models as an anti-inflammatory, anticonvulsant, antioxidant, antiemetic, anxiolytic and antipsychotic agent, and is therefore a potential medicine for the treatment of neuroinflammation, epilepsy, oxidative injury, vomiting and nausea, anxiety and schizophrenia. (1)
For products made with CBD from hemp, even Colorado doesn’t require testing of the finished product. So any COA for those final products comes from testing the company arranged on its own. Though not all manufacturers take that step, many do, Lanier says. That includes even some companies that use imported hemp, such as CV Sciences, which makes Plus CBD Oil from hemp grown in Holland.
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Bast is the outer fiber of the hemp stalk, and just about anything can be made from it -- clothing, rope, rugs or plastic. It also blends well with cotton, silk, rayon, linen, wool and other fibers, which makes it both versatile and recyclable. Henry Ford once constructed a hemp plastic car that ran on hemp fuel. It was lighter than steel, but 10 times as resistant to breaking. Hemp fibers can also be used to make paper that is stronger than most of today’s paper while using a method that is more environmentally friendly than the traditional chemical-intensive process of taking wood and turning it into pulp.
With the signing of the 2018 Farm Bill, however, that is all about to change. Hemp legalization was first introduced by Senate Majority Leader Mitch McConnell, a Republican from industrial hemp-producing Kentucky. The measure, known as Section 7606, ends the Schedule I status of industrial hemp under the Controlled Substances Act (CSA), which categorized the plant as a potentially addictive substance with no medical uses alongside drugs like heroin and ecstasy.
I’m an MS Warrior and I use and LOVE the pain relief rub as well as the Cinnamon CBD oil. My Dad has told me he feels 20 again. I’m sticking with what works for us and that’s HempWorx! I don’t love it because I sell it, I sell it because I love it. I started as a customer and moved to the other side because I work from home and why not since I use the stuff anyways! CannaBossBabe and not ashamed of that. 🙂