If you haven’t heard about the rise of the hemp economy you may have been living under a rock. Consumers of all types are driving up demand so now is the time to consider investments in the production and processing of hemp into CBD oil.Read More
CBD and hemp products have both seen a boom since the 2018 Farm Bill was signed into law, with hemp legalization on a federal level and the ability to sell products commercially. Many items made from hemp have been marketed since then, with CBD oil being in top demand. As more studies explore the use of CBD, many people are looking to the product as a medicine for various ailments or illnesses. Hemp fibers are also making a recent impact as well.
Although it was legal to grow hemp since 1998, producers were required to receive a special production permit from the Drug Enforcement Agency due to its relation to marijuana. However, now there are fewer restraints of transportation on the plant and less risk for farmers and producers involved.Read More