U.S. Hemp Revenue to Grow 27% Annually, Hit $2.6 Billion by 2022
With the passage of the 2018 Farm Bill, the US took a major step in the re-establishment of hemp as a legitimate cash crop. Many of us have read about the history of hemp being used for rope or building materials or clothing, but the big revenue opportunity associated with modern-day hemp is CBD (cannabidiol).
The marijuana industry is blossoming before our eyes . After spending many decades as a taboo and illicit substance, cannabis is now perfectly legal for adult consumption in Canada (as of October 17, 2018). Though supply shortages and regulatory red tape have slowed weed’s launch out of the gate, […]
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