This has been a transformational year for the cannabis industry, one that investors will possibly never forget. Although it’s been a bit rough on the investment front, with the Horizons Marijuana Life Sciences ETF, a basket of more than four dozen pot stocks, losing approximately 40% of its value, 2018 has been a year of gained validity for the cannabis industry.
Continue reading “Merry Christmas: Hemp and Hemp-Based CBD Are Now Legal”
Take a trip down the aisle of the nearest Whole Foods Market and it won’t take long to fill a shopping basket with products trumpeting the health and beauty benefits of a commodity Texas farmers are forbidden to grow: hemp.
Continue reading “Texas Farmers See New Source of Green in Legal Hemp”
Today (8/16/18) In the newspaper there was a notice to anyone selling hemp oil. The notice stated “To anyone selling any of the various brands of hemp oil in Ozona. If the oil contains any amount of the banned substance, THC, the sale or purchase of any such product is a felony in the state of Texas. Please be sure if you possess any of the hemp oil products, it does not contain any THC.”
For almost 50 years, hemp has been lumped together with heroin, LSD, and Ecstasy, but new legislation could soon make the crop legal for farmers still struggling from the loss of tobacco.
Continue reading “Congress Finally Can Tell Hemp From Pot”