Hemp production
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CBD and Hemp Oil News

Farmers Jump On Hemp Bandwagon, Planting Additional Acreage

Pennsylvania farmers are increasing the acreage they're devoting to industrial hemp, while two more states draw closer to allowing it. In Pennsylvania, farmers plan to grow up to 1,000 acres of hemp, about 30 times as much as they did in 2017, according to state agriculture secretary Russell Redding. According to Lancaster Farming: Redding announced the Department of Agriculture approved 39 industrial hemp research applications on Feb. 15. If all applicants complete the permitting process, nearly 1,000 acres of hemp will be growing this spring. Last year, 14 growers produced a total of 36 acres statewide. About one third of those...

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Scientists
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CBD and Hemp Oil News

Company Mapping Cannabis DNA Could Make For Better CBD Oil

A Colorado company says mapping the cannabis plant's genome can help sort out the legitimate claims about products such as CBD Oil from the bogus. “DNA, of course I’m biased because it’s what I do, but it doesn’t lie. It really is a way to just sort of clear a lot of the b.s.,” said CJ Schwartz, chief executive officer of Sunrise Genetics. “The excessive claims are really doing a disservice to the plant or the potential of the plant and the science surrounding that.” According to Bloomberg (via The Cannabist): A deeper understanding of genetics means companies will be able to figure...

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Congress
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CBD and Hemp Oil News

Congress Members Rush To CBD Oil Defense

Twenty-eight members of Congress want a federal appeals court to reverse a Drug Enforcement Agency determination that CBD Oil is a Schedule 1 drug. The Hemp Industries Association and hemp businesses' petition to the 9th Circuit Court of Appeals that argues the DEA overstepped its authority with new rules regarding extracts such as CBD Oil. Among the 22 Democrats and six Republicans signing off on the brief were Sen. Rand Paul, R-Ky., Sen. Ron Wyden, D-Ore., and Rep. Jared Polis, D-Colo. According to Marijuana Business Daily: The members conclude that the federal agency’s rule about CBD was an “abuse of DEA’s administrative procedure...

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CBD oil, hemp oil, vape oil, vape refills, CBD store, CBD tincture, CBD shatter.
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CBD and Hemp Oil News

Hemp oil helps drive production boom

Hemp oil's growing popularity is a factor in the spread of hemp farming from state to state. Wisconsin made itself the most recent state to allow farmers to grow industrial hemp. The legislature there voted unanimously in favor of the crop and Gov. Scott Walker signed the bill. Wisconsin Ag Connection reports: The legislation specifics that anyone with a prior drug conviction would not be eligible to grow hemp. In addition, the crop would not be allowed to contain more than 0.3 percent THC, an active ingredient in marijuana. Rural lawmakers and farm groups have been pushing the concept of hemp production in...

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CBD oil, hemp oil, vape oil, vape refills, CBD store, CBD tincture, CBD shatter.
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CBD and Hemp Oil News

Will The Hemp Industry Surpass The Billion Dollar Mark?

The hemp industry has exploded over the past couple years, with it's acceptance spreading around the country as beneficial evidence is unearthed day in and day out. With the numbers wowing investors and insiders, it's now expected that the industry will soon reach the billion dollar mark... "Hemp-derived cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group. The data company estimates that hemp CBD sales have already hit $170 million in 2016 and a 55% compound annual growth rate over the next five years will cause the market to crack the...

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CBD oil, hemp oil, vape oil, vape refills, CBD store, CBD tincture, CBD shatter.
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CBD and Hemp Oil News

Hemp’s Projected Explosive Growth Over Upcoming Years

The abilities and properties of hemp have created a super plant that a number of industries are harnessing for it's powers. A recent report has outlined the recent growth in the sale of products related to the plant, and shows it's immense ability to see exponential growth. "While food and skin-care products are pillars in the hemp portfolio, they don’t touch the plant’s full potential. It’s used in such a surprising variety of products that some financial analysts say hemp could become one of the hottest commodities in industrial and medical fields..."

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