Latest
Industrial Hemp Products Are More Than Just CBD
The Shelby Report
The health care market has recently been flooded with a wide variety of products made with industrial hemp extracts. The industrial hemp plant contains more than 500 unique chemicals with 113 currently identified cannabinoids, of which the two most well-known are tetrahydrocannabinol (THC) and cannabidiol (CBD)1. Products ranging from lotions to liquid oral drops, to food ingredients each focus on containing a specific amount of cannabidiol. To differentiate themselves, hemp producers have been working to selectively breed various strains of hemp to increase the concentrations of cannabinoids and terpenes, according to Golden, Colorado-based Panacea Life Sciences.
The pending 2020 harvest of the hemp crop, which began in late September, will allow manufacturers to introduce new cannabinoid products to the market. Keep in mind, the hemp industry has much more work to do to fully understand the biological advantages of each new cannabinoid, what uses are superior to CBD and dosing, to justify the potential increased cost of these products.
Latest
Hemp Prices Crash, Leaving Ohio Valley Farmers Feeling Burned
Ohio Valley ReSource
Ohio Valley farmers planted more than 27,000 acres of hemp last year — about four times more than in 2018 — to cash in on a booming market for popular CBD products made from the crop.
Yet with that growing boom, the price of CBD-rich hemp has crashed, dropping more than 75 percent in just 6 months. Many farmers are now feeling the financial pinch of that bust.
Latest
Hemp Prices Crash, Leaving Ohio Valley Farmers Feeling Burned
Ohio Valley ReSource
Ohio Valley farmers planted more than 27,000 acres of hemp last year — about four times more than in 2018 — to cash in on a booming market for popular CBD products made from the crop.
Yet with that growing boom, the price of CBD-rich hemp has crashed, dropping more than 75 percent in just 6 months. Many farmers are now feeling the financial pinch of that bust.