Snake-oil merchants and vendors in the hemp and CBD oil industry use high prices and outlandish claims to make a quick buck off sick and. A closer look at industrial hemp. Industrial hemp has probably been a staple crop of the human race, since before recorded history. The late. in capitalizing on the hemp revolution may want to take a closer look at the stock given its innovative technology and growing product lines.
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Industrial hemp plants including the seed, leaf, and floral materials are currently a Schedule I controlled substance under both state and federal law. The Schedule I classification makes it illegal to grow or handle hemp.
However, there is a significant exception under the Farm Bill which allows for growth and distribution through state pilot programs. It allows those with licenses to grow, manufacture, and sell industrial hemp and related products. Hemp, unlike marijuana, does not possess enough THC to have psychoactive properties. The Farm Bill provides this definition in section It was never illegal to make or sell products with hemp in the United States, however the raw material had to be imported from other countries.
Hemp has a reputation as a sustainable crop with a myriad of uses, and farmers in Kentucky are excited to grow it. Our state has a long history of growing hemp, and it still possess the rich and fertile conditions to do so in abundance. While hemp growth was placed on hold when it was lumped together with marijuana in legislation, it is now experiencing a revival. Both the growth and use of industrial hemp are experiencing exponential growth in Kentucky.
This surge brings a huge economic impact along with it. The industrial hemp industry has promising economic potential. If you are in the hemp industry or looking to break in to the field, it is crucial to work with a corporate attorney like Mr. Noelker who can help you navigate the complex and ever-changing hemp laws.
Most even go so far as to make a point of saying that industrial hemp and marijuana are two completely different plants. And many websites that sell CBD still claim that their products are made from industrial hemp extract. Even some industry publications make the same mistake. While it may be true that industrial hemp and marijuana are, indeed, completely different plants, it is certainly not true that CBD is made from industrial hemp.
Nor is it true that the plants from which CBD is extracted are completely different from marijuana. Industrial hemp has probably been a staple crop of the human race, since before recorded history. The late mastermind Carl Sagan hypothesized that, because it was so valuable to the human race, cannabis was likely the very first plant to be domesticated and cultivated by man.
There is historical evidence of the use of cannabis in medicine going back thousands of years. Cannabis was made illegal in America in Eventually, most of the civilized world followed suit. Today, however, countries in Europe and Asia have continued to cultivate the industrial hemp with which we are familiar. There are two types of industrial hemp. Both of these plants are sewed in vast fields with as many as 30 plants to a square meter. The hemp strains which are preferred for fiber grow tall very quickly.
To produce the strongest fibers, the plant is often harvested well before it matures. The biomass of this harvest is so low in cannabinoids and terpenes that it would be economically prohibitive to produce a high-quality extract that is rich in cannabinoids.
The hemp that is preferred for seed also grows tall and fast. In order to produce seeds, both male and female plants are grown. Because they are grown in such proximity the only flowers to speak of are found at the very top of the plant. Once these flowers are fertilized, they effectively stop producing cannabinoids and terpenes in any abundance and put all their energy into producing the seeds.
As with the type of hemp used to produce fibers, it would be economically infeasible to produce a high-quality extract from this plant as well. Not only is the hemp used to produce CBD oil not to be considered industrial hemp, but it is also not even descended from industrial hemp. The strains used to produce CBD oil today did not even exist before the mids. Interestingly, it would be quite challenging to find a single article from the mid-nineties when the mainstream media picked up the CBD story that claims that cannabidiol is produced from hemp.
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Hemp craft beer is making a name for itself, with the help of a there remains a noticeable absence of hemp in the alcohol industry. The recent growth of hemp craft beer left us eager to look deeper into this enticing topic. Last month, we visited Luce Farm where we learned about growing hemp in Vermont. Luce Farm's owner, Joe Pimentel, told us, “Vermont is a. Industrial hemp is the raw product from which CBD is extracted. . WisconsinEye takes a closer look at what hemp could mean for the future of.