But why is hemp illegal in the first place? After all, America was built on hemp, an industrial crop which contains tiny amounts of THC, the chemical compound in cannabis that produces psychoactive effects. Several Founding Fathers grew hemp. Cultivation of hemp was mandated by law in the Massachusetts, Virginia and Connecticut colonies. Beginning in 1631, hemp was legal tender for paying taxes in many of the American colonies and remained so for state taxes until the early 1800s.
We offer Hemp Cultivation, Hemp Nursery, CBD Products Manufacturing, Hemp Cultivation + CBD Extraction Lab, CBD Products Retail, Hemp Cultivation + CBD Extraction Lab + CBD Products Manufacturing, and Hemp/CBD Vertically Integrated Business Plan Templates, that include a fully-functioning financial model for Excel and other spreadsheet programs and “70% ready to go” Word business plan template. The model uses a mix of assumptions to estimate production, all revenue and cost line-items monthly over a flexible seven year period, and then sums the monthly results into years for an easy view into the various time periods.
Vape pens produce little smoke and are easy to transport and use—plus they can easily go undetected. But the concentrated oils used in vape pens of CBD might contain a solvent called propylene glycol. When burned at high temperatures, propylene glycol can degrade into formaldehyde, a chemical that can irritate the nose and eyes and could increase the risk of asthma and cancer. To avoid this problem, consider CBD vape pens that advertise “solvent-free oils.”
San Francisco-based tech company Eaze launched a new online marketplace, Eaze Wellness, to ship hemp-derived CBD products to 41 states across the U.S. and the District of Columbia. CBD sales more than doubled among the company’s customers last year, Sheena Shiravi, Eaze’s director of consumer communications, told Fortune, highlighting a key business opportunity. This marks the company’s […]
Many people have some money to help start a cannabis business opportunity but not enough to cover all the startup expenses. Unless you enjoy fundraising and have access to a network of potential investors, you likely face a steep uphill battle to get the funding you need. You need to take the time to research and prepare a detailed business plan, a compelling presentation for investors, find investors, present to them, hire a lawyer and the list goes on and on. To learn more about true start up costs of a traditional cannabis business, talk to an expert here.
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.
Research is beginning to show that CBD is different than other well-studied cannabinoids. All cannabinoids act as ligands, meaning they dock onto the binding site of a protein and have the ability to modulate a receptor’s behavior. CB1 receptors are widely distributed, but are particularly abundant in areas of the brain, including those concerned with movement, coordination, pain and sensory perception, emotion, memory, cognition, autonomic and endocrine functions. (2)
But these drops are! amazing! I cut my opioid dose in half and on the second day, I took the one painkiller late. Because I didn't really need it. I even took my evening drops late. Because I didn't need them. I am considering going off this opioid completely tomorrow because I feel so good! My mood is amazing ... I've been depressed since the day I was born I think, and have been on antidepressants for 19 years ... I will be going off of those too ... I am going to try very hard to ditch all the pharmas I am on because I do believe in this oil.
The dosage on the back label said to give him 1/2 to a full dropper twice a day due to his weight. I gave him 1/2 a dropper with his food. A few hours later I noticed he was wobbling when he walked and tripped up the stairs and collapsed. I took him to my vet and he said there must be THC in the oil. I thought, how can a company sell this product knowing full well that THC is extremely TOXIC for animals! The rep I bought the vials from said I gave him too much and to follow the dosage chart she gave me. Why would I give him anymore of this poison to my dog? Also, why did the product sold to me not have the proper dosage label? Also, I found that this product is Full Spectrum which means there is THC in the product.
Research on CBD and anxiety has generally looked at cannabis as a whole product, not as CBD as a standalone compound. Some studies suggest that it can help with anxiety: like this 2011 study that suggests CBDcan reduce social anxiety or this 2015 review that says CBD could be promising for many forms of anxiety. It’s also important to consider whether the CBD comes from the cannabis plant and therefore may include THC, a cannabinoid that for some, induces anxiety. Read our comprehensive article on CBD and anxiety, here.
Just last year, hemp was grown in 19 states, covering nearly 26,000 acres of land, 1,456 licenses were issued to grow hemp and 32 U.S. universities were conducting hemp-related research. People are using hemp in CBD products, personal care items and even food because it provides a number of health benefits. In food, hemp can help with digestion, reduce risk of heart disease, improve skin conditions including acne and eczema and reduce menstrual symptoms in women.
In 1996, a study published in the clinical journal Nature found that chocolate contains thre...e fatty acid compounds that bind directly to cannabinoid receptors or indirectly act on them through increased anandamide levels (by inhibiting the FAAH enzyme). The endocannabinoid anandamide, which is commonly called “natural tetrahydrocannabinol” (or THC), is “a brain lipid that binds to cannabinoid receptors with high affinity and mimics the psychoactive effects of plant-derived cannabinoid drugs.” This suggests that certain chocolate compounds act on the same receptors as cannabis does. Though some researchers today question whether the compounds actually do bind to the receptors directly, the majority agree that chocolate does increase anandamide levels, thus affecting them indirectly.
The thing about HempWorx is that they really don’t make things easy for the customer. Although the affiliate programme seems like a great idea, it does play into HempWorx’ pyramid business model. You receive a free product by referring a friend, and three of their friends then have to purchase the HempWorx products. For us, not listing pricing on the website is a bit of a red flag.
Hempworx oil literally changed our lives. After me using it for 23 days my husband commented on how calmer I seemed, how I was sleeping hard at night, and I noticed how I had 0 night sweats, hot flashes, or migraines. We then gave it to our daughter who is officially off of Ritalin! She is happier and healthier. Webused to go to the doctor twice a month for weigh ins or because she was sick. Her epic meltdowns used to be 2-4 a week. Since using this oil. We’ve been to the doctor 2 times! Her meltdowns have only happened twice!!!
Although the HempWorx ‘About Us’ page is filled with excellent information on the history of CBD, there is unfortunately little data about the actual organization itself. We did learn, however, that they use “special” supercritical technology that extracts over 400 phytonutrients from the raw hemp material, and that they don’t use any harmful solvents or heat, which is of course a good thing.