Jan 15, 2020
The last few years of the decade saw the emergence of cannabidiol (CBD), a chemical produced by hemp. Late in 2018, Congress passed the Farm Bill, legislation that removed hemp from the list of controlled substances. The bill also set a 0.3% limit for THC (delta-9 tetrahydrocannabinol), the chemical that creates the psychoactive high that cannabis is famous for.
In the year that followed, the market for cannabidiol blossomed into a raging industry worth billions. Experts say the CBD industry will be worth $20 billion dollars by 2024. Most of the demand for CBD is due to anecdotal evidence that paints cannabidiol as…
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