Certainly, there is no shortage of opportunities to commercialize hemp. But until hemp is treated as an industrial crop that can grow freely, businesses won’t thrive. Many states have already taken steps to legalize and jump-start their local hemp economies, but the industry won’t scale until the federal government passes legislation that protects farmers and entrepreneurs from archaic and nonsensical narcotics regulations. Until then, this is a great time for entrepreneurs to start planting the seeds of their hemp ventures.
Generally, CBD oil is made by combining an extract with a carrier fluid or oil. This question is best answered by looking at how the CBD oil was extracted. CBD oil can be extracted using CO2 systems or by using chemical solvents. Both methods produce a CBD oil byproduct that is then combined with a fluid like MCT oil, coconut oil, or olive oil so that it can be delivered to the body. Always check to make sure you know the CBD content of the products you purchase.
The Trump administration doesn’t want to see hemp expanded nationwide in the next Farm Bill because of concerns about overproduction, an official said Wednesday. Greg Ibach, undersecretary for the U.S. Department of Agriculture, said current hemp regulations are “fairly narrow” and that the Trump administration doesn’t necessarily want to see that change when the Farm […]
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It didn’t take long after U.S. consumers accepted kale as a superfood for the leafy green to take off. The same thing could easily happen to hemp seeds once more American farmers are allowed to cultivate and sell the crop. For perspective on the potential business opportunity, consider that Canadian farmers exported $45 million worth of hemp seed to the U.S. in 2016, making as much as $300 per acre, per season, farming industrial hemp. That’s five to 10 times as much as what our farmers in the Midwest are currently making for growing GMO wheat, corn and soy.
Should any legal disputes arise between a distributor and the company, proceedings shall take place in Dallas, Texas, where the matter will be resolved by “mandatory, final, binding, nonappealable arbitration.” However, if the distributor wins, it won’t be a great victory as damages are “limited to the amount of products [he or she] has purchased from the company that are in resalable condition.”
Of course, the first thing to consider is why you want to take CBD. Though it’s being touted for numerous possible health benefits—and some preliminary research suggests it might help with everything from pain and anxiety to multiple sclerosis and opioid addiction—for now it’s clearly proved to help treat only two rare, but devastating, forms of epilepsy. (Read more about the safe use of CBD.)
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